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Tag Archives: U.S. Small Business Administration

SBA disaster assistance available to victims of spring freeze

ACROSS MISSISSIPPI — The U.S. Small Business Administration federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Mississippi as a result of freeze on March 25-29. The disaster declaration includes Amite, Carroll, Claiborne, Clarke, Copiah, Covington, Franklin, Forrest, George, Greene, Grenada, ...

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SBA promise loan increase for country's veterans

The U.S. Small Business Administration’s top lenders have signed on with the SBA’s Veteran Pledge Initiative to pump up their loans to veterans by 5 percent a year for the next five years. The SBA has enlisted its top 20 national lenders and about 100 regional and community lenders to help veteran-owned small businesses. SBA officials estimate that the initiative ...

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MSBDC project assists the new and existing

The Mississippi Small Business Development Centers have been providing a helping hand to start ups and existing businesses since the 1980s in partnership with the U.S. Small Business Administration. The MSBDC’s lead operation and administrative offices are housed at the University of Mississippi and there are seven centers and 17 counselors statewide. Over the last three fiscal years, from 2010 ...

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Immigration work rules force risky decisions on employers

Have some sympathy the next time you see your company’s hiring officer wringing his hands and muttering under his breath. If the company relies heavily on immigrant labor, he is occupying that unenviable space that is situated between a rock and a hard place. On one hand, he must be careful not to hire someone not legally authorized to work ...

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SBA names winner

Charles Fuqua, owner of Four Seasons Lawn Care, LLC of Moss Point has been named the SBA 2012 Mississippi Small Business Person of the Year by the Mississippi District Office of the U.S. Small Business Administration. Mississippi SBA will honor Fuqua and six other Small Business Week winners June 28 at an award ceremony at the Imperial Palace in Biloxi. ...

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Delta Regional Authority, SBA team to bring capital to small businesses

Businesses in the Mississippi Delta secured more U.S. Small Business Administration 7(a) working capital loans in the first six months of this year than the same period for 2010, says the Delta Regional Authority, a multi-state economic development entity based in Clarksdale and Little Rock, Ark. Strong loan volume is also occurring in many of the Delta Regional Authority’s other ...

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SBA looking to boost small contractors' bonding limit

The U.S. Small Business Administration (SBA) has amended its regulations under its Surety Bond Guarantee program in an effort to give small contractors more bonding capacity in the wake of a disaster. However, three of Mississippi’s largest construction trade associations say this has never been a problem for its members. And some wonder if increasing bonding limits for contractors at ...

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Rained out

Farmers still scrambling after worst year in nearly half a century As the year 2009 dawned, the state’s agriculture community was looking for a bounce-back year. Input costs were down, commodity prices were up and many were forecasting a record yield. Then, the rains came – and stayed. New record rainfall totals were set across the state in September and ...

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H1N1 flu guide available to the public

WASHINGTON — U.S. Small Business Administration (SBA) administrator Karen Mills and Department of Homeland Security Secretary Janet Napolitano announce the availability of a preparedness guide designed to assist small businesses in planning for the possibility of an H1N1 flu outbreak this fall.

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Small business program augmented

WASHINGTON — Small businesses that would otherwise have difficulty securing private equity or venture capital may find funding easier to get as a result of changes made as part of the American Recovery and Reinvestment Act to the U.S. Small Business Administration’s (SBA’s) Small Business Investment Company (SBIC) program. There are approximately 338 SBICs with $17.4 billion in capital under ...

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