Search Results for keywords:"Small Business Administration"

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Search Results: keywords:"Small Business Administration"

  • Type:Notice
    Citation:90 FR 11085
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice regarding a major disaster declaration by the President for the Commonwealth of Kentucky due to severe weather events such as storms and floods. The disaster was declared on February 24, 2025, and affects several counties where residents can apply for disaster assistance loans through the MySBA Loan Portal. Applications for physical damage loans are due by April 25, 2025, and economic injury loan applications are due by November 24, 2025. Interested individuals can contact the SBA's Office of Disaster Recovery & Resilience for further details.

    Simple Explanation

    The President said that Kentucky had bad storms and floods, so people there can ask for special help to fix their homes or businesses. They need to apply by April 25 for house repairs and by November 24 for help with their business money problems.

  • Type:Notice
    Citation:90 FR 2059
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) announced that it has canceled the license for LongueVue Capital Partners II, LP to operate as a small business investment company. This decision was made under the authority granted by the Small Business Investment Act of 1958 and relevant federal regulations. Thomas Morris, the Director of Patient Capital Investments at the SBA, issued this notice.

    Simple Explanation

    The government took away a special business permission from a company called LongueVue Capital Partners II, LP, which means they can't work as a small business helper anymore. They didn't say why, and people might be worried about what this means for them.

  • Type:Notice
    Citation:90 FR 8420
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice about a disaster declaration for South Carolina due to severe storms and flooding from November 6 to November 14, 2024. Residents in affected areas like Orangeburg and its neighboring counties can apply for disaster loans via the MySBA Loan Portal until specified deadlines. The deadline for physical loan applications is March 24, 2025, and for economic injury loans, it's October 22, 2025. Contact information for further assistance is provided, and applications can also be submitted online.

    Simple Explanation

    In South Carolina, there was a big storm and a lot of rain that caused flooding, and now people can ask for special loans to help fix things and get back to normal. They can apply on a website by March 24, 2025, for money to fix damage, or by October 22, 2025, if they need help because their business is hurt.

  • Type:Notice
    Citation:86 FR 7609
    Reading Time:about a minute or two

    The Small Business Administration (SBA) is announcing its compliance with the Paperwork Reduction Act by submitting proposed reporting and recordkeeping requirements to the Office of Management and Budget (OMB) for review and approval. The announcement is published in the Federal Register to inform the public. The SBA uses Form 172 to collect loan payment data from lenders who service SBA-purchased loans. The public is invited to submit comments on the necessity and burden of this information collection by March 1, 2021.

    Simple Explanation

    The Small Business Administration wants to make sure they follow rules about collecting and saving information and is telling people they asked another office if their plan is okay. They want to know what people think about a form called SBA Form 172, which helps track how loans are paid back, and people can give their thoughts until March 1, 2021.

  • Type:Notice
    Citation:86 FR 1559
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a notice of the Presidential declaration of a major disaster for Mississippi due to Hurricane Zeta, which occurred from October 28 to 29, 2020. The notice, issued on December 31, 2020, explains that those affected can apply for disaster loans. Applications can be submitted to the specified SBA address until March 1, 2021, for physical damage loans, and October 1, 2021, for economic injury loans. The disaster affects specific counties in Mississippi, as well as some neighboring areas in Alabama and Louisiana.

    Simple Explanation

    The government has said that people in Mississippi who got hurt by a big storm called Hurricane Zeta can ask for help to fix their homes and businesses. They need to apply for this help by certain dates if they want to get money to fix the damage.

  • Type:Notice
    Citation:86 FR 7331
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a major disaster declaration, issued by the President on January 15, 2021, specifically for Public Assistance in Colorado due to wildfires that occurred between September 6 and November 5, 2020. Private non-profit organizations offering essential governmental services can apply for disaster loans. The application deadlines for physical damage and economic injury loans are March 16, 2021, and October 15, 2021, respectively. Affected counties include Grand and Larimer.

    Simple Explanation

    The President said that Colorado can get help because of big fires, and special groups can borrow money to fix damage, but it’s hard to know exactly what they need to do to get it.

  • Type:Notice
    Citation:86 FR 6404
    Reading Time:about a minute or two

    The U.S. Small Business Administration (SBA) issued a notice about a major disaster declaration for the State of Louisiana due to Hurricane Zeta, which occurred from October 26 to October 29, 2020. As a result, residents and businesses in the affected areas can apply for disaster loans. Applications for physical damage loans must be submitted by March 15, 2021, while economic injury loan applications are due by October 12, 2021. The disaster primarily affects several parishes including Jefferson, Lafourche, and Orleans.

    Simple Explanation

    The government said that people and businesses in Louisiana hurt by a big storm called Hurricane Zeta can ask for help with special loans. They must sign up by certain dates to get this help.

  • Type:Notice
    Citation:86 FR 7330
    Reading Time:less than a minute

    The document is an amendment to a Presidential disaster declaration for New Jersey due to Tropical Storm Isaias. This amendment, issued by the U.S. Small Business Administration, adds Sussex County to the list of areas affected by the disaster. The deadline for physical loan applications is February 9, 2021, and for Economic Injury Disaster Loan applications, it is September 13, 2021. The amendment signifies that affected groups can seek assistance through loans by submitting applications to the SBA's Processing and Disbursement Center in Texas.

    Simple Explanation

    The U.S. government said that Sussex County, New Jersey, can now get extra help, like loans, because of a big storm that happened. People have until February 9, 2021, to ask for help fixing things and until September 13, 2021, to ask for help with money to keep their businesses going.

  • Type:Notice
    Citation:90 FR 13652
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced an administrative disaster declaration for Texas following thunderstorms, straight-line winds, and tornadoes. This declaration allows affected businesses and residents in primary and surrounding counties, such as Dallas and Tarrant, to apply for disaster assistance loans. The deadline for physical injury loan applications is May 19, 2025, and for Economic Injury Disaster Loans (EIDL), it is December 19, 2025. Interested individuals can apply online via the MySBA Loan Portal or contact the SBA for more information.

    Simple Explanation

    The Small Business Administration said that because of a lot of bad weather with thunderstorms, strong winds, and tornadoes in Texas, businesses and people there can ask for special help called loans to fix things. These loans can help them fix damaged stuff or get money to keep their business going.

  • Type:Notice
    Citation:86 FR 12067
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice about a disaster declaration for the State of Colorado due to wildfires that occurred from September 6, 2020, to November 5, 2020. Affected areas include Grand County and several contiguous counties. This declaration allows affected businesses and residents to apply for physical damage and economic injury loans. The deadlines for loan applications are April 26, 2021, for physical damage and November 23, 2021, for economic injury loans.

    Simple Explanation

    The Small Business Administration said there was a big fire in Colorado, and now people who got hurt or had their things damaged can ask for special help in the form of loans to fix what the fire broke.

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