Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the
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Florida man ordered to pay back $20K for SBA loan he never borrowed — or Social Security will cut his benefits Joseph Carpenter, 76, a military veteran living in Tampa Bay, Florida, received an alarming letter from the Small Business Administration (SBA) earlier this month. The letter claims he took out a $20,000 SBA loan
The Small Business Administration (SBA) has unveiled a new working capital loan initiative to support small businesses. This initiative follows the introduction of the Working Capital Pilot Program for 7(a) lenders, which offers flexible fee structures, rates, and terms. The new loan options include transaction-based loans for specific projects or orders and asset-based loans that
The U.S. Small Business Administration has set up a Business Recovery Center at the Domi Station. Businesses and neighbors can visit and get free help in applying for tornado disaster relief loans. Watch the video to learn more about the loans and eligibility. BROADCAST TRANSCRIPT: It’s been almost two months since tornadoes hit our neighborhoods,
Just one month remains for business owners and residents affected by extreme weather incidents in April to apply for disaster assistance loans with the United States Small Business Administration. Just one month remains for business owners and residents affected by extreme weather incidents in April to apply for disaster assistance loans with the United States
A Bay Area restaurateur will serve two and a half years in prison after admitting he misused COVID-19 relief funds intended for restaurants. The Northern California U.S. Attorney’s Office announced on Thursday that David Tai Leung, a co-owner of Tomi Sushi and Seafood Buffet in San Jose, pleaded guilty to three counts of wire fraud
President Biden’s Investing in America agenda is delivering generational investments to grow America’s economy, restore competitiveness, tackle climate change, and reshore manufacturing – all while strengthening our small businesses, which are the backbone of our economy. The Investing in America economic agenda has fueled a historic nationwide small business boom, with the first, second, and
The Small Business Administration (SBA) reportedly plans to launch a working capital pilot program that will include government-backed credit lines of up to $5 million. The pilot program is designed to be attractive to both lenders and borrowers and to provide small businesses with working capital they need to pursue new contracts and expansion, SBA