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Tag Archives: SBA

Strip club sues SBA over PPP loan denial

An Erie County nightclub that features nude dancers is suing the U.S. Small Business Administration for denying a Paycheck Protection Program (PPP) loan application. The PPP was created by Congress to help businesses survive the COVID-19 pandemic. Without the loan, ...

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SBA launches Affordable Care Act website

The U.S. Small Business Administration has launched a website and blog dedicated to the Affordable Care Act. SBA Administrator Karen G. Mills said the goal is to “serve as a resource for small business owners who want learn more about ...

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SBA recognizes Five Star Bank

The U.S. Small Business Administration’s Buffalo District Office recently recognized Five Star Bank with three awards for its 2011 small business lending practices. Five Star Bank was honored with the Emerald, Four Star and Patriotic Lender awards for loans awarded ...

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Regional SBA loan figures improve

The Small Business Administration Buffalo District Office ended its fiscal year with higher loan figures than in 2010, increased lender participation and an Oct 11 visit by regional administrator Jorge Silva-Puras to Webster-based company, Datrose.

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SBA sees record number of loans in fiscal 2011

As the Small Business Administration’s fiscal year draws to a close, representatives from the SBA’s federal office in Washington, D.C. and the regional office in Buffalo say they’ve issued a record number of loans in 2011 — despite the re-implementation of SBA guarantee fees charged to borrowers.

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SBA issues fraud warning

The U.S. Small Business Administration is warning small businesses to use caution if they are contacted by firms offering to help them apply for funds available through SBA programs.

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