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Posts Tagged ‘SBA’

Anderson runs Can’t Be Beat Fence company like her family (access required)

Anderson named SBA’s Prime Contractor of the Year People who know Meredith Smith Anderson are probably not surprised at her selection as the Small Business Administration’s Prime Contractor of the Year for Region IV. As the managing member of Can’t Be Beat Fence and Construction, Anderson has led the limited liability company to stability and [...] [...]

IMS Engineers has grown from three to 189 employees since being launched in 1996 (access required)

Firm’s CEO named SBA’s Small Business Person of the Year It is no wonder that John D. Calhoun, Ph.D., CEO of Integrated Management Services (IMS) Engineers in Jackson, was recently selected as Mississippi Small Business Person of the Year by the Small Business Administration (SBA). Under Calhoun’s leadership, IMS Engineers in Jackson has grown from [...] [...]

There’s a new bank in town (access required)

by Wally Northway Published: July 11,2010

Tags: loans, Sam's Club, SBA, small business, Small Business Administration, Wal-Mart

  Sam’s Club offering small business loans to many that banks will not   A small business owner walks into a Sam’s Club, picks up a year’s worth of pens and pencils, a truckload of printer ribbons and a few gallons of ketchup for the break room. But, she could use a little working capital, too. So, [...] [...]

No stellar solutions for businesses (access required)

by Amy McCullough Published: June 20,2010

Tags: Gulf Coast Oil disaster, SBA, U.S. Small Business Association

Despite availability of SBA loans, many small business owners may be down for the count Despite the offer of loans from the U.S. Small Business Association and small payments from BP, there are no good immediate economic solutions for Gulf Coast business owners who are suffering from revenue losses of more than 60 percent. State [...] [...]

SBA disaster loan approvals top $1M

by Wally Northway Published: June 4,2010

Tags: disaster loans, disaster recovery, loans, SBA, small businesses

ACROSS MISSISSIPPI — More than $1 million in U.S. Small Business Administration (SBA) Disaster Assistance Loans have been approved for disaster survivors in Mississippi as a result of damages caused by severe storms, tornadoes and flooding that occurred April 23 – 24. “Currently, 18 disaster loans have been approved in the amount of $1,039,900 for [...] [...]

Camgian earns HUBZone designation

by Wally Northway Published: June 4,2010

Tags: distressed businesses, economic development, SBA, small businesses

STARKVILLE — Camgian Microsystems Corporation has received the U.S. Small Business Administration’s (SBA’s) HUBZone (Historically Underutilized Business Zone) designation. Camgian’s new SBA HUBZone designation will allow it to better serve the contracting requirements and needs within the federal market place. Established in 1997, the purpose of the HUBZone program is to provide federal contracting assistance [...] [...]

SBA proposes higher surety bond guarantees

by Wally Northway Published: May 7,2010

Tags: disasters, SBA, small businesses

WASHINGTON — The U.S. Small Business Administration (SBA) has proposed changes, including higher surety bond guarantee limits, that will help construction and service sector firms secure larger contracts for work in areas impacted by disasters. The proposed changes include: • For a non-federal contract or order up to $5 million, a bond guarantee may be [...] [...]

Obama approves extension of loan enhancements

by Wally Northway Published: April 20,2010

Tags: business loans, loans, SBA, small businesses

WASHINGTON — President Barack Obama has signed legislation providing $80 million in additional funding to continue enhancements in the U.S. Small Business Administration’s (SBA’s) two key small business loan programs. The enhancements, first made available under the American Recovery and Reinvestment Act, include a higher guarantee on some SBA-backed loans and small business fee relief. [...] [...]

SBA loan awards on record pace

by Wally Northway Published: April 19,2010

Tags: loans, SBA, small businesses

ACROSS MISSISSIPPI — The Mississippi District of U. S. Small Business Administration (SBA) reached a milestone in mid-April, having guaranteed 700 loans valued at $130.7 million thus far in fiscal year 2010. “We’re fast approaching another record year in the number and dollar volume of loans guaranteed,” said Mississippi SBA District director Janita R. Stewart. [...] [...]

SBA warns of uptick in loan scams

by Wally Northway Published: April 7,2010

Tags: lending, SBA, scams, small businesses

WASHINGTON — The U.S. Small Business Administration (SBA) is warning small businesses to use caution if they are contacted by firms offering to help them apply for funds available through SBA programs. SBA and SBA’s Office of the Inspector General (SBA OIG) have received several complaints from small businesses about abusive marketing practices, scams and [...] [...]

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