Tag Archives: business loans

Expanded Services to Small Businesses

President Obama signed the Small Business Jobs Act on September 27, 2010. Known as the Jobs Bill, it will provide critical resources to small business owners. This law extends the SBA Recovery loans, promotes exporting, gives small businesses a better

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Recent survey contradicts bankers claim that loan demand is down.

Many bankers say loan approvals are down because loan demand is down. However, a recent survey of lenders and business owners done by the Pepperdine Private Capital Markets Project and reported on by Karen E. Klein for Bloomberg Businessweek found

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SBA ARC Loan Program to expire on September 30th

SBA America’s Recovery Capital (ARC) loans can be used to make payments of principal and interest, in full or in part, on one or more existing, qualifying small business loans for up to six months.

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Florida Emergency Bridge Loan Program to Expire on September 30th

The Florida Emergency Bridge Loan program was activated in early June by Governor Crist to assist businesses impacted by the Deepwater Horizon Oil Spill. The Governor’s Office of Tourism, Trade & Economic Development has allocated $5 million in an effort

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Walt’s Seasonal Cuisine : A Pinellas County Success Story

SBDC recently helped a Pinellas Restaurant gain access to an emergency loan fund. Walt’s Seasonal Cuisine, a Pinellas county restaurant, has benefited from Florida’s Emergency Bridge Loan program. The loan program, coordinated locally by the Small Business Development Center (SBDC)

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Tampa Bay SBA 7(a) Loans plummets by 73%

Who is still doing SBA 7(a) loans? In June, the number of business loans in the Tampa Bay area guaranteed by the Small Business Administration in its 7(a) loan program fell by 73% dropping to 12 loans from the 44

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SBA Loans Fall in June

The Small Business Stimulus Package has not yet been renewed by Congress, so in June, the number of business loans guaranteed by the Small Business Administration in its 7(a) loan program fell by 49% dropping to 2,758 loans from the 5,388 loans in May. Full Story

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Stimulus Package Leading to More Small Business Loans

90% Increase in SBA Loans since passage of the Recovery Act As part of the American Recovery and Reinvestment Act (ARRA), the SBA received $730 million to help small businesses obtain the capital necessary to survive the recession.  As of

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Virginia Carter a Hillsborough County Success Story

Plant City Law Firm Creating Jobs, credits SBDC who “provided me the education, training, and assistance needed to accomplish my dream!” Established in March 2009, Virginia C. Carter, P.A. is a small business that created two new jobs in 2009

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Get a Loan

SBDC Consultant Jim Parrish published in the June edition of the Maddux Report Getting a business loan may be critical to the success of your business. But no bank loan is automatic. Your banker?s goal is to generate bank profits

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