U.S. Small Business Administration (SBA) News

Neptune to Offer Flood Insurance to Small Business Administration Borrowers

Neptune Flood, an AI-driven flood insurance company, has launched sbaflood.com designed for SBA borrowers to obtain commercial flood insurance. Both owners and tenants are eligible for commercial flood insurance through the new platform. Government backed business loans, such as those …

North Carolina Homeowners, Businesses Hit by Earthquake Eligible for SBA Loans

The federal government will begin offering low-interest loans to homeowners and small business owners who were impacted by North Carolina’s earthquake. The Winston-Salem Journal reports that the U.S. Small Business Administration will begin offering the loans on Monday. More than …

Who Got Money in Small Business Paycheck Protection Program?

WASHINGTON/SAN FRANCISCO, April 17 (Reuters) – Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns. Now a picture is emerging of who got the money. More than …

Disaster Loans Available to Mississippi Businesses Hurt by Beach Closures

Low-interest disaster loans are available for small Mississippi businesses hurt by toxic bacteria that closed every mainland beach in the state during the summer. Those in adjacent counties in Mississippi, Alabama and Louisiana also are eligible. The federal Small Business …

Federal Disaster Assistance Granted for 2 Oklahoma Counties

Two Oklahoma counties may now receive disaster assistance from the U.S. Small Business Administration (SBA) as a result of the severe weather that occurred April 28 through May 2, the governor’s office reported. The designation provides SBA low-interest disaster loans …