A new portal designed to speed relief to small businesses with $150,000 or less in Paycheck Protection Program loans opens Wednesday. The streamlined application portal will allow those borrowers to apply for loan forgiveness directly through the U.S. Small Business ...

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The Small Business Administration’s Restaurant Revitalization Fund received more than 278,000 eligible applications, but about 101,000 received grants.

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The federal government intentionally discriminated against minority- and woman-owned businesses in its recent distribution of nearly $350 billion in loans to save small companies desperate to survive amid the United States’ pandemic-induced economic freefall, struggling Maryland businesses allege in a ...

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PNC Bank is paying the U.S. government $9.5 million to settle a complaint related to loans guaranteed by the Small Business Administration, the U.S. Attorney’s Office for Maryland announced this week. As a lender in the SBA’s Preferred Lenders Program, ...

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With local organizations raising more than $500,000 for flood recovery efforts in Ellicott City, a newly formed Ellicott City Recovery Fund Committee is meeting on Monday for the first time to draft an application process to distribute those funds to ...

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Owners of businesses affected by the riots and unrest following the death of Freddie Gray last month may want to go to the library. The U.S Small Business Administration is offering low-interest disaster relief loans of up to $2 million ...

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The U.S. Small Business Administration has issued a reminder to homeowners, renters, businesses and nonprofit organizations in Maryland that the deadline is Sept. 29 to submit disaster loan applications for damages caused by flooding on June 12. Low-interest disaster loans ...

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At a recent SBA Resource Conference conducted on the Catonsville Campus of the Community College of Baltimore County, attendees were informed about a program conducted by SBA known as the HUBZone. The HUBZone program helps small businesses located in distressed ...

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There were 1,176 pre-registrations for today’s Victory in Procurement event, with organizers expecting walk-ins to push the number at attendees to well over 1,200. John Shoraka, acting associate director of government contracting for the Small Business Administration, gave the morning’s ...

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When I joined the United States Small Business Administration a little over 40 years ago, there was no demand for business plans, no mission statements, no demand for goals and objectives. Few colleges or universities at that time were offering ...

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