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2012 Pittsburgh Small Business Resource - SBA - Sba
Get 2012 Pittsburgh Small Business Resource - SBA - Sba
Acting content R Publishing SMALL BUSINESS eni Publishers of Small Business Resource Advertising Phone: 863-294-2812 800-274-2812 Fax: 863-299-3909 www.sbaguides.com 2016 PITTSBURGH FEATURES 6 Introduction 6 7 8 Administrator s Message Regional Administrator s Message District Director s Message 10 31 Small Business Innovation Research Program 32 Small Business Technology Transfer Program 35 SBA Loan Program Chart 37 SBA Lenders.
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Clearfield FAQ
Since its founding, SBA has delivered millions of loans, loan guarantees, contracts, counseling sessions, and other forms of assistance to small businesses.
As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
On August 1, 2023, SBA implemented policies to expand access to capital for small businesses by modernizing SBA's signature 7(a) working capital* and 504 fixed asset loan programs.
The PPP loan program is no longer available. The ERC can still be claimed retroactively. Businesses that received a PPP loan can still apply for the ERC.
Does the SBA forgive loans? The SBA generally doesn't offer 100 percent forgiveness on 7(a) and 504 loans, no matter how dire your finances are. However, for companies that have had to cease operations, the SBA will consider settlements that have been agreed to between a borrower and their loan issuer.
If your business closes next week, you're personally liable for the debt. EIDLs are not forgivable. You'll repay them over the 30-year term, though you can pay your loan off early with no prepayment penalties.
The 7(a) Loan Program, SBA's primary business loan program, provides loan guaranties to lenders that allow them to provide financial help for small businesses with special requirements. 7(a) loans can be used for: Acquiring, refinancing, or improving real estate and buildings. Short- and long-term working capital.
SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation's only go-to resource and voice for small businesses.
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Pittsburgh 2016 Small Business Resource
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