Search Results for keywords:"Small Business Administration"

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Search Results: keywords:"Small Business Administration"

  • 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:90 FR 10563
    Reading Time:less than a minute

    The U.S. Small Business Administration issued an amendment to the Presidential declaration of a major disaster for California due to wildfires and straight-line winds. This amendment updates the incident period to January 7, 2025, through January 31, 2025, while leaving all other details unchanged. For those affected, the deadline to apply for physical loan assistance is March 10, 2025, and for economic injury loans, the deadline is October 8, 2025. Applicants can visit the MySBA Loan Portal for disaster assistance loan applications.

    Simple Explanation

    The U.S. President said a big problem in California called a disaster happened because of fires and strong winds. This message says when this problem started and ended, and people can ask for help with loans if their homes or businesses were hurt.

  • Type:Notice
    Citation:90 FR 13818
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a presidential declaration of a major disaster for the state of West Virginia, specifically for public assistance due to severe storms and flooding from February 15 to 18, 2025. Affected counties include Greenbrier, Lincoln, Logan, McDowell, Mercer, Mingo, Monroe, Summers, Wayne, and Wyoming. Private non-profit organizations in these areas can apply for disaster loans online through the MySBA Loan Portal. The deadlines for physical and economic injury loan applications are May 19, 2025, and December 19, 2025, respectively.

    Simple Explanation

    In March 2025, the President said West Virginia had a big problem because it rained really hard, and it caused floods and some places to get messy and wet. Now, some special help is available for certain areas, like schools and hospitals, to fix things, and they need to ask for this help before May or December 2025.

  • Type:Notice
    Citation:90 FR 7229
    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 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.

    Simple Explanation

    The President said people in the village of Kwigillingok can get help because a big storm caused a lot of damage. Groups that help like the government can ask for special loans to fix things, but there are some dates they must remember to ask by.

  • Type:Notice
    Citation:86 FR 8246
    Reading Time:less than a minute

    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.

    Simple Explanation

    The U.S. Small Business Administration changed a rule about when businesses in Washington State can ask for help because of money problems during unrest last year. They have until June 16, 2021, to ask for this help.

  • Type:Notice
    Citation:86 FR 8078
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) has declared a disaster for the State of Florida due to Hurricane Sally, which occurred from September 13 to September 18, 2020. This notice, dated January 28, 2021, allows affected individuals and businesses in Washington County and its neighboring counties, such as Bay, Holmes, Jackson, and Walton, to apply for disaster loans. The deadline for physical damage loan applications is March 29, 2021, and for Economic Injury Disaster Loan (EIDL) applications, it is October 28, 2021. Interested parties can submit applications to the SBA's Processing and Disbursement Center in Fort Worth, Texas.

    Simple Explanation

    The U.S. Small Business Administration is helping people in Florida recover from Hurricane Sally, a big storm that happened in September 2020, by offering special loans to fix damages. People have until the end of March 2021 to ask for help with fixing stuff, and until the end of October 2021 for help with other money problems.

  • Type:Notice
    Citation:90 FR 8732
    Reading Time:about a minute or two

    The U.S. Small Business Administration (SBA) announced an administrative disaster declaration for Mississippi due to severe storms and tornadoes that occurred from December 28-29, 2024. Applications for disaster assistance loans can be submitted online, and the deadline for physical damage loans is March 28, 2025, while the economic injury loans deadline is October 27, 2025. The primary affected counties include Oktibbeha and Wayne, with several contiguous counties in Mississippi and Alabama also affected. For more information or assistance, individuals can contact Alan Escobar at the SBA's Office of Disaster Recovery & Resilience.

    Simple Explanation

    The U.S. Small Business Administration is helping people in Mississippi because of big storms and tornadoes. They are giving loans to fix damage or help businesses, and people can apply until a certain date.

  • Type:Rule
    Citation:86 FR 2529
    Reading Time:about 21 minutes

    The U.S. Small Business Administration (SBA) issued an interim final rule allowing certain businesses in the 8(a) Business Development program to extend their participation by one year due to challenges posed by the COVID-19 pandemic. This extension applies to companies in the program on March 13, 2020, as authorized by the Consolidated Appropriations Act, 2021, and the National Defense Authorization Act 2021. Firms that have left the program since March 13, 2020, can also be readmitted if they notify the SBA and confirm they still meet eligibility criteria. The rule is effective immediately, although the public can comment on the rule until March 15, 2021.

    Simple Explanation

    The government is letting some small businesses stay in a special help program for one more year because of COVID-19. Businesses that left the program can come back if they still qualify.

  • 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 11202
    Reading Time:about a minute or two

    The U.S. Small Business Administration has amended the Presidential declaration of a major disaster for Kentucky, originally declared on February 24, 2025. This disaster was caused by severe storms, straight-line winds, flooding, landslides, and mudslides starting from February 14, 2025. The amendment now includes Floyd County as an area eligible for both physical damage and economic injury loans, while the contiguous counties eligible for economic injury loans remain unchanged. Deadlines for loan applications are April 25, 2025, for physical damage and November 24, 2025, for economic injury.

    Simple Explanation

    The U.S. government is helping people in Kentucky because storms and floods caused damage there. Now, they added a place called Floyd County to the list of areas that can get help fixing things and to support businesses that lost money.

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