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, ...
Read More »Changing PPP leads to legal questions, concerns
New York Attorney General Letitia James last week joined nearly two dozen attorneys general in a call for key changes to the U.S. Small Business Administration’s Paycheck Protection Program to ensure that the funds are distributed fairly and equitably to ...
Tagged with: covid Letitia James paycheck protection program ppp loans SBA
Read More »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 ...
Tagged with: Affordable Care Act SBA website
Read More »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 ...
Tagged with: award Five Star Bank SBA
Read More »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.
Tagged with: loans SBA Small Business Administration
Read More »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.
Read More »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.
Tagged with: fraud SBA warning
Read More »SBA recovery lending extended
President Barack Obama on Friday signed legislation extending through April the U.S. Small Business Administration’s ability to provide enhancements in its two largest small business loan programs.
Tagged with: American Recovery and Reinvestment Act SBA Small Business Administration
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