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Most SBA loan programs require a down payment, typically ranging from 10 percent to 30 percent, based on the loan type. But some SBA loans, including CAPLines and disaster loans, don’t have a ...
Fast business loans are a type of financing for business owners who want quick access to capital. Fast business loans can be unsecured or secured, and some lenders may require you to sign a ...
April 17, 2024 at 1:07 AM. Apr. 16—A New Hampshire man accused of fraudulently obtaining more than $340,000 in COVID-19 government loans and using the money to buy a yacht has agreed to sell the ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Due to the common occurrence of hurricanes in the coastal state of North Carolina, hurricane recovery in North Carolina is a large component of the state's emergency management efforts. Recovery from these tremendous storms at the local and state level is a large part of the aftermath of a hurricane. Gavin Smith and Victor Flatt stated that ...
Preston was unanimously confirmed by the Senate on June 29, 2006. He took over SBA at a time when the agency was under fire for its disaster loan operation's response to Hurricanes Katrina, Rita, and Wilma. Preston pledged to improve processing and disbursement of SBA disaster loans to storm victims at his confirmation hearing.
Jovita Carranza (born June 29, 1949) is an American businesswoman who served as the 26th Administrator of the Small Business Administration from 2020 to 2021, having previously served as the 44th Treasurer of the United States from 2017 to 2020. She was appointed to both roles by President Donald Trump. Before that she served as the Deputy ...
The SBA's Office of Inspector General estimated last year that there was more than $200 billion in fraudulent EIDL loans and Paycheck Protection Program loans paid out by the agency.
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