Search Results for agency_names:"Small Business Administration"

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Search Results: agency_names:"Small Business Administration"

  • Type:Notice
    Citation:89 FR 96702
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) has issued a notice of Small Business Investment Company (SBIC) licenses under the authority of the Small Business Investment Act of 1958. This action is in line with the requirement to publish the information in the Federal Register. The notice includes the names of the SBICs that received licenses and their Total Intended Leverage Commitments as of a specific date. This procedure is part of the SBA's efforts to support small businesses through investment company programs.

    Simple Explanation

    The U.S. Small Business Administration is letting people know that they've given some special licenses to companies that help small businesses grow with money. However, they didn't share exactly who got these licenses or how much money is involved.

  • Type:Notice
    Citation:89 FR 99322
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) has issued an amendment to the Presidential declaration of a major disaster specifically for Public Assistance to the Havasupai Tribe due to flooding that occurred on August 22-23, 2024. This amendment, dated December 3, 2024, extends the deadline for submitting applications for physical damage loans to January 17, 2025. The economic injury loan application deadline remains July 25, 2025. The amendment does not change any other parts of the original disaster declaration.

    Simple Explanation

    The U.S. Small Business Administration has decided to give more time, until January 17, 2025, for the Havasupai Tribe to ask for help fixing damage caused by floods in August 2024. Everyone still has until July 25, 2025, to ask for help with money problems because of the floods.

  • Type:Notice
    Citation:89 FR 100589
    Reading Time:about a minute or two

    The U.S. Small Business Administration issued a correction to a previous announcement regarding a major disaster declaration for Virginia due to Tropical Storm Helene. Originally declared on October 1, 2024, this amendment now includes the Independent City of Norton as a contiguous county/city. The document outlines primary and contiguous areas eligible for physical damage and economic injury loans. The original disaster notice remains unchanged except for this correction.

    Simple Explanation

    The government is fixing a mistake they made when they first said certain areas in Virginia needed help after a big storm. They are now adding a new place called Norton to the list of places that can get help.

  • Type:Notice
    Citation:86 FR 1559
    Reading Time:less than a minute

    The U.S. Small Business Administration has issued an amendment to the Economic Injury Disaster Loan declaration for California, originally dated July 7, 2020. This amendment defines the period of civil unrest that qualifies for assistance as lasting from May 26, 2020, to December 28, 2020. Applications for these loans must be submitted by April 7, 2021. Other details from the initial declaration remain unchanged.

    Simple Explanation

    The government is letting businesses in California know that they can ask for special help if they had problems because of the civil unrest between May 26, 2020, and December 28, 2020. They have until April 7, 2021, to apply for this help.

  • Type:Notice
    Citation:86 FR 12066
    Reading Time:about 2 minutes

    The U.S. Small Business Administration has announced a presidential declaration of a major disaster in Texas due to severe winter storms that began on February 11, 2021. This declaration, issued on February 19, 2021, allows affected individuals and businesses in certain counties to apply for disaster loans. The deadline for physical damage loan applications is April 20, 2021, while the deadline for economic injury loan applications is November 19, 2021. Affected areas include numerous counties within Texas, including those eligible for both physical damage and economic injury loans, and contiguous areas in Texas, Louisiana, and Oklahoma eligible for economic injury loans.

    Simple Explanation

    The president said that Texas had a big problem with really cold weather, which started on February 11, 2021, so people and businesses there can ask for help through special loans to fix damage or keep their businesses running. They have to apply by April 20, 2021, for fixing things and by November 19, 2021, for business help.

  • Type:Notice
    Citation:89 FR 105673
    Reading Time:about a minute or two

    Summary: The U.S. Small Business Administration has issued an amendment to a Presidential declaration concerning a major disaster in North Carolina related to Tropical Storm Helene. This amendment extends the deadline for organizations to apply for disaster assistance loans for physical damages to January 20, 2025. The amendment also adds Surry and Yadkin counties to the list of areas affected by the storm. The deadline for applying for Economic Injury Disaster Loans (EIDL) remains July 2, 2025.

    Simple Explanation

    The U.S. is helping people in North Carolina after a big storm called Tropical Storm Helene. They are giving more time until January 20, 2025, for places like schools and cities to ask for help to fix things that got broken in the storm. Two new areas, Surry and Yadkin counties, now can also ask for this help.

  • Type:Notice
    Citation:86 FR 7329
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice about the Presidential declaration of a major disaster for Public Assistance Only for Connecticut due to Tropical Storm Isaias, which occurred on August 4, 2020. This declaration, dated January 12, 2021, allows Private Non-Profit organizations providing essential services to apply for disaster loans. The affected areas include several counties, as well as the Mashantucket Pequot Indian Tribe and Mohegan Tribe of Indians. Key deadlines include the physical loan application deadline on March 15, 2021, and the economic injury loan application deadline on October 12, 2021.

    Simple Explanation

    The U.S. government is helping places in Connecticut that got hurt by a big storm by giving special money loans to important non-profit groups that help people. These groups need to apply by certain dates to ask for the money.

  • Type:Rule
    Citation:86 FR 2957
    Reading Time:about 13 minutes

    The U.S. Small Business Administration (SBA) is making corrections to the regulations published on October 16, 2020, regarding the merger of two mentor-protégé programs. These changes address mistakes and clarify rules related to joint ventures, especially concerning eligibility and compliance with the SBA's 8(a) contracting program. The corrections ensure that joint ventures meet necessary requirements and clarify evaluation criteria for government contracts involving small businesses. These amendments aim to streamline processes and remove inconsistencies in the existing regulations.

    Simple Explanation

    The SBA is fixing some rules to make it easier for small businesses to work together on projects and make sure everyone knows and follows the rules. This will help small companies understand what they need to do to get government jobs without any mix-ups.

  • Type:Notice
    Citation:90 FR 14174
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) published a notice in the Federal Register about the issuance of licenses for Small Business Investment Companies (SBICs). These licenses are granted under the authority of the Small Business Investment Act of 1958, which has been amended over time. The notice, effective August 17, 2023, fulfills a legal requirement to publicly list the names of the SBICs, along with their licensure date and total intended leverage commitments. This information provides transparency about the companies that received support through this program.

    Simple Explanation

    The U.S. Small Business Administration is giving out special permissions called licenses to certain companies that help small businesses grow, but the notice about this doesn't say which companies got these licenses or how much help they will get. They're sharing this information to make sure everybody knows about it, even though some details are missing.

  • Type:Notice
    Citation:86 FR 10613
    Reading Time:less than a minute

    The U.S. Small Business Administration has issued an amendment concerning the disaster declaration for Pennsylvania due to Tropical Storm Isaias. The change extends the deadline for submitting applications for physical damages to March 18, 2021. The deadline for Economic Injury Disaster Loan (EIDL) applications is September 20, 2021. All other details from the initial declaration remain the same.

    Simple Explanation

    The U.S. Small Business Administration is giving people in Pennsylvania more time to ask for help with damages from a big storm, called Tropical Storm Isaias, that happened in 2020. They can now ask for help with physical damages until March 18, 2021, and for extra money to help their businesses until September 20, 2021.