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- Founded on July 30, 1953Official Site: Small Business Administration History
- Independent agency of the federal governmentOfficial Site: Small Business Administration History
- Over 20 million loans and other forms of assistance given to dateOfficial Site: Small Business Administration History
- Primary assistance consists of loans, loan guarantees, contracts and counseling sessionsOfficial Site: Small Business Administration History
- Small Business Investment Company program began in 1958Official Site: Small Business Administration History
- Equal Opportunity Loan program began in 1964Official Site: Small Business Administration History
- Over $30 billion given to finance small business growth since 1958Official Site: Small Business Administration History
- Government guarantees up to 85 percent of qualified SBA loans under $150,000CNN: Obama vows to help small business... (March 16, 2009)
- SBA fees can be up to 3.75 percent for large loansCNN: Obama vows to help small business... (March 16, 2009)
- Under Obama's plan, up to $15 billion set aside to guarantee SBA loansBloomberg.com: Obama, Geithner Outline Plan... (March 16, 2009)
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The Small Business Administration (SBA) is a government agency within the United States that provides support for small businesses. The SBA makes loans or guarantees loans made to qualifying small businesses.
In March 2009 President Obama and Treasury Secretary Timothy Geithner announced that they would increase the government's guarantee on SBA loans up to 90 percent temporarily. In addition, the government would eliminate the fees for borrowers and lenders in two separate programs run by the SBA.CNN: Obama vows to help small business... (March 16, 2009)
Background
The Reconstruction Finance Corporation (RFC) was created in 1932 by President Herbert Hoover. This program became the predecessor to the Small Business Administration. The RFC's primary purpose was to loan money to those businesses who were hurt by the Great Depression. During the war, the corporation was replaced by the Smaller War Plants Corporation (SWPC), which provided funds for business owners to help with the war effort. Officially, the RFC was taken out of commission in 1952, just prior to the creation of the SBA.Official Site: Small Business Administration History-
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Small Business Administration on Amazon
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Estimating the Cost of Administering the Department of Defense Small Business Innovation Research (SBIR) Program - $20.00
Currently, Small Business Innovation Research (SBIR) funds cannot be used to administer the SBIR program; SBIR administration must be funded from other sources. As Congress reautho...Amazon
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Lotus Domino R5 System Administration Part 6: Advanced Internet Mail Routing Training CD - $29.99
This is the sixth course in a ten part series for system administrators who are responsible for Domino server and Notes client. At the completion of this course, students will lear...Amazon
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BMV Quantum Subliminal CD Small Business Owner Success (Ultrasonic Subliminal Series) - $14.99
Program your subconscious mind to achieve success as a small business owner. Create amazing results using state-of-the-art subliminal and brainwave entrainment technologies. Tune y...Amazon
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2009 Ultimate Guide to the SBA - Encyclopedia of Small Business Administration Programs and Data - Financing, Starting, Managing Your Small Business plus Library of Publications (Two CD-ROM Set) - $25.00
This up-to-date and comprehensive electronic book on two CD-ROMs, updated for 2009, presents an enormous library of federal government documents and publications from the Small Bus...Amazon
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Small Business Administration Questions
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Advertising guidelines for small business 2 AnswersAdvertising requires a minimal threshold of activity to be effective. You need to understand that your prospects much complete three general steps to become a c... read more -
Free and Open Source Software for Small Business? 7 AnswersIt looks like you're missing a shopping cart/e-commerce solution. Magento looks like a good option for this. read more
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How do Small Business owners (LLC) verify their income during a Home Refinance? 3 AnswersI just went through this. I run a small business as a sole-proprietor. I had to present 3 years of tax returns to demonstrate my income. My re-fi was approve... read more
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America's Best Business Practices ยป Small Business Administration http://tinyurl.com/yl3dgas
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Creating Free Grant Form Online For Businesses at Ultimate ...: The Small Business Administration currently doe.. http://tinyurl.com/ybd9pmb
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Stimulus Funds Run Out for Popular SBA Loan Programs: WASHINGTON (Reuters) - The Small Business Administration .. http://tinyurl.com/yfv3bo7
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Small Business Administration - Small Business Planner http://bit.ly/cAHNP resources entrepreneurship business startup howto marketing
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Reading @biztools Buy a Business Resource: Small Business Administration #business - http://bit.ly/18tmCX
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