Search Results for agency_names:"Small Business Administration"

The U.S. Small Business Administration has announced a presidential declaration of a major disaster for California due to wildfires and straight-line winds. This declaration allows affected individuals and businesses to apply for disaster assistance loans through the MySBA Loan Portal. The physical loan application deadline is March 10, 2025, and the economic injury loan application deadline is October 8, 2025. The disaster primarily impacts Los Angeles, with surrounding counties eligible for economic injury loans only.

The U.S. Small Business Administration has issued Amendment 3 to the Presidential declaration of a major disaster in Virginia caused by Tropical Storm Helene. This amendment, linked to disaster number FEMA-4831-DR, specifically adds Roanoke County to the areas affected. Those impacted can apply for disaster assistance loans through the MySBA Loan Portal. The deadlines for loan applications are December 9, 2024, for physical loans, and July 10, 2025, for economic injury loans.

The U.S. Small Business Administration announced an amendment to the Presidential disaster declaration for Oklahoma, initially declared on December 21, 2020, due to a severe winter storm from October 26 to October 29, 2020. This amendment includes additional counties—such as Alfalfa, Blaine, and Comanche—recognized as affected by the disaster. The deadline for physical loan applications is February 19, 2021, while the economic injury loan applications are due by September 21, 2021. The purpose of these loans is to assist private non-profit organizations in recovering from the storm's impact.

The U.S. Small Business Administration has issued an administrative disaster declaration for the State of Washington due to wildfires and straight-line winds occurring from September 1 to September 19, 2020. Residents and businesses in the affected areas, including Whitman County and surrounding regions in Washington and Idaho, may apply for disaster loans. The physical loan application deadline is April 12, 2021, and the economic injury loan application deadline is November 9, 2021. Applications are processed at the SBA's office in Fort Worth, Texas, and more information can be obtained by contacting the SBA's Office of Disaster Assistance.

The United States Small Business Administration has revoked the license of the Stonehenge Opportunity Fund III-B, L.P. as a small business investment company. This action was taken under the authority of Section 309 of the Small Business Investment Act of 1958 and 13 CFR 107.1900. As a result, the license held by Stonehenge Opportunity Fund III-B, L.P. is now null and void. The decision was announced by Thomas Morris, Director of Patient Capital Investments.

The U.S. Small Business Administration has amended an Economic Injury Disaster Loan (EIDL) declaration for the State of Washington. This amendment specifies that the period of civil unrest, which qualifies for disaster loans, lasted from May 26, 2020, to January 28, 2021. The deadline to apply for an Economic Injury Loan is June 16, 2021. Further details can be obtained from A. Escobar at the Office of Disaster Assistance.

The U.S. Small Business Administration announced a major disaster declaration for the state of North Dakota, allowing Public Assistance for areas affected by wildfires and straight-line winds on October 5-6, 2024. This declaration, issued on December 24, 2024, enables Private Non-Profit organizations providing essential services to apply for disaster loans through the MySBA Loan Portal. Affected primary counties include McKenzie and Williams, with specific deadlines for loan applications noted. The disaster assistance contact details are provided for further support.

The U.S. Small Business Administration (SBA) is making corrections to a rule originally published on December 17, 2024, which aimed to update the HUBZone Program and other small business programs. The corrections fix errors related to size recertifications, financial statement thresholds, and terminology changes. Specifically, they address the incorrect addition of size protest rules, rectify missing regulation amendments, increase the financial statement threshold from $10 million to $20 million, and update definitions in the HUBZone Program. These changes are intended to improve consistency and reduce burdens for small businesses.

The U.S. Small Business Administration has issued a notice about the Presidential declaration of a major disaster for the Native Village of Kwigillingok, due to severe storms and flooding that occurred from August 15 to August 18, 2024. This declaration allows Private Non-Profit organizations providing government-like services to apply for disaster assistance loans through the MySBA Loan Portal. The deadline for physical loan applications is March 11, 2025, and for economic injury loan applications, it's October 10, 2025. For more information, affected parties can contact Alan Escobar at the SBA or visit the provided SBA loan application website.

The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) to collect information for the Boots to Business course registration, which is aimed at transitioning service members and their spouses. This process is necessary under the Paperwork Reduction Act (PRA), which mandates public notice and a 60-day comment period in the Federal Register before information collection can proceed. The data collected will help improve course operations, tailor classes, and maintain contact with graduates. Public comments are invited on the necessity, accuracy, and potential improvements of this information collection.