article thumbnail

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.

article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. iRobot — From robots to riches. Christopherson Travel — Flying high.

Columbus 134
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Get Funding for a Business

Up and Running

A plan is also required for applying for a business loan guaranteed by the Small Business Administration (SBA). There is an enormous difference, for example, between a high-growth internet-related company looking for second-round venture funding and a local retail store looking to finance a second location.

SBA 161
article thumbnail

6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

Perhaps that was once true, but in this age of the worldwide Internet, big data, and pervasive business intelligence in every industry, you can use the following steps to get the data you need with very little time and cost: Start your research with Google. Explore municipal development resources.

SBA 300
article thumbnail

6 Keys To Sizing Your Market For A New Business Plan

Startup Professionals Musings

Perhaps that was once true, but in this age of the worldwide Internet, big data, and pervasive business intelligence in every industry, you can use the following steps to get the data you need with very little time and cost: Start your research with Google. Explore municipal development resources.

article thumbnail

5 Reasons You Might Not Qualify for an SBA Loan…and What to Do About It

Up and Running

Small Business Administration (SBA) are attractive for business owners because they offer a range of loan sizes, long repayment terms, and most importantly, low interest rates. So what’s not to like about SBA loans? Many businesses that want SBA loans get turned away by banks for one reason or another. Problem: You’re a startup.

SBA 60
article thumbnail

7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. I often recommend a less painful alternative, called the lifestyle entrepreneur approach, where your focus is on making a living and a work-life balance , rather than changing the world.