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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. In particular, the SBA has given inconsistent guidance that continues to change and evolve, leaving companies left to wonder if they qualify or not. The program’s original $349 billion was allocated between April 3 and April 16.

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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

On their website, you can learn more about the Paycheck Protection Program or PPP, the EIDL Loan Advance, the SBA Express Bridge Loans, and the SBA Debt Relief. The Express Bridge Loan enables small businesses that have a business relationship with an SBA Express Lender to get up to $25,000.

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Thoughts For VC Backed Companies Considering SBA/PPP Loans

Feld Thoughts

My partner Seth Levine recently put up an extremely thoughtful post titled SBA PPP Loans Aren’t for Everyone. However, the reality is that receiving a loan for your business means it isn’t going to another business that might also deserve the money so receiving a SBA loan does come at a cost to the broader small business community.

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Financing Your Business? Consider An SBA Loan

YoungUpstarts

by Tom Pretty, Head of SBA Lending at TD Bank. economy, with nearly 29 million operating around the country, according to the U.S. Small Business Administration (SBA) Office of Advocacy. This is possible, in part, because the SBA guarantees a portion of loans will be repaid, eliminating some of the lender’s risk.

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SBA PPP Loans Aren’t for Everyone

VC Adventure

There’s a healthy debate going on right now at many VC firms about whether venture-backed companies should apply to the SBA’s Payroll Protection Program (The Information had a good article on this yesterday (paywall), and Albert Wenger from Union Square Ventures put up an excellent post on the subject here ).

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Resources And Loan Programs For Veteran Entrepreneurs

YoungUpstarts

Not only are there loans and education programs that directly relate to their business needs, but other resources that can help indirectly. When seeking a loan program to help you launch a startup, it can be difficult to sort through the different options, determine what you are eligible for and deciding which option is best for you.

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The Complete Guide to SBA Loans

Up and Running

What is an SBA Loan? As an independent agency of the government, the SBA partners with both public and private organizations to deliver its services, including loans. An SBA Loan is not a direct loan from the SBA itself. You can apply for an SBA Loan if you are part of a U.S. What can you use an SBA loan for?

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