USDA and SBA Strengthen Partnership to Grow Rural Economy

Their investments will include expanding marketing assistance and technical opportunities. The U.S. Department of Agriculture (USDA) and the Small Business Administration (SBA) recently announced the increase in the…

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Isabel Guzman, Small Business Administration

Isabel Guzman is Administrator of the Small Business Administration. We pray that God will guide her as her agency provides support to small businesses and entrepreneurs in this…

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FEMA Sets Up Recovery Centers on Maui

They are working together with Small Business Administration.  A Disaster Recovery Center has been set up by the Federal Emergency Management Agency (FEMA) and the Small Business Administration…

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Senate Bill Would Hold SBA Accountable for COVID Fraud 

The Small Business Administration disbursed approximately $1.2 trillion during the pandemic.  Senator Joni Ernst of Iowa has introduced legislation to require the Small Business Administration to “collect all…

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SBA Announces COVID Fraud of Over $200 Billion

Inspector general cites a lack of controls on the distribution of emergency funds as the cause. The Office of the Inspector General of the Small Business Administration said…

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$5.4 Billion in “Questionable” COVID-19 Loans Reported

House committee holds hearing on mismanagement, fraud, and wasted funds. The Pandemic Response Accountability Committee reports it has “identified 69,323 Social Security numbers used to obtain $5.4 billion…

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President Renominates Lapsed Leadership Appointees

Heads of IRS, FAA, and Indian ambassador resubmitted to the new Senate.  President Joe Biden renominated a number of his choices for key federal positions to the new…

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SBA Offers Restaurant Revitalization Fund

Registration is immediately available, SBA administrator says. The Small Business Administration is offering $28.6 billion as revitalization funds specifically for restaurants. The registration window for receiving the assistance…

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Labor Department Holds Forum for Construction Industry

Cooperatively offering federal guidance with HUD and SBA. U.S. Department of Labor agencies in the Southwest hosted the 2021Virtual Construction Forum this past week to facilitate understanding of…

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Senate Extends Paycheck Protection Program

Small businesses may apply for loans through May. On Thursday, the Senate passed legislation extending the small-business program created last year by Congress. They voted 92-7 to extend…

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