This program is best for smaller businesses operating in the community, like childcare centers, but the eligibility rules are entirely set by the local SBA lending partners. What is an SBA disaster loan? SBA small business disaster loans offer low-interest loans to businesses impacted by federally...
If you’re a startup business or have a rocky credit history, anSBA microloanmight be your best SBA loan option. These loans offer funding up to $50,000 with competitive rates and terms. SBA microloans are designed for traditionally underserved businesses — and as a result, typically have...
The formula used to calculate PPP loans was revised to allow sole proprietors, independent contractors, and self-employed individuals toreceive more financial support. Eligibility rules were changed to let small business owners with non-fraud-related felonies receive PPP loans as long as the applicant...