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SBA Program Helps to Bridge the Small Business Gap

A recent press release from the U.S. Small Business Administration announces a study that shows Small Business Development Centers are a key player in economic development nationally. The report was published by the the National SmallBusiness Development Center Advisory Board. Here is the press release: WASHINGTON – The U.S. Small Business Administration’s national network of Small […]

19th Annual Small Business Week Celebration

  Kelly McDonald, Keynote Speaker  Let’s Celebrate!May 25, 201111:30 to 1:30 pmUNF University Center At the 19th Annual Small Business Week Celebration the U.S. Small Business Administration will present its coveted Small Business Week awards spotlighting the outstanding contributions of North Florida business leaders and champions at the district level. The U.S. SBA […]

Federal Government May Close, UNF SBDC to Remain Open.

As of this writing, it looks like the Federal government will be closing due to the budget impasse. In our world, that means the Small Business Administration offices will be closed and therefore most small business loans will not be going forward as there will be nobody there to process them. Here is the SBA’s […]

SBA Eliminates Date Restriction for 504 Refinancing

The US Small Business Administration initially restricted the new refinancing option to small businesses that faced balloon payments on mortgages before Dec. 31, 2012. That eliminated an awful lot of companies that we eager to refinance. It has just been announced that effective April 6, the SBA will open the 504 refinancing option to businesses […]

Florida Small Business Development Center Network Receives National Accreditation

Accreditation is critical for the SBDC to secure continued funding from the U.S. Small Business Administration (U.S. SBA), and is also essential for the national SBDC program to be recognized as a high quality economic development organization. On May 31, 2010, the Florida Small Business Development Center Network (FSBDC Network) was notified that the statewide […]

Florida Oil Spill:SBA Economic Injury Disaster Loan Program Activated

SBA Economic Injury Disaster Loan Program Activated In response to the Deepwater BP Oil Spill, the SBA has authorized the activation of the Economic Injury Disaster Loans (EIDL) program for the counties included in the attached SBA Press Release. The SBA is setting up an office in Pensacola at the SBDC at UWF Center located […]

SBA loan fees returning

Thanks to Florida First Capital Finance Corporation for this update that indicates the funds for eliminating soft costs for SBA 7a and 504 loans are exhausted so we are returning to the pre-ARRA regulations unless the Obama jobs bill is passed. The bill includes a provision to eliminate loan fees through September 2010. Read on… […]

SBDC’s get their funding…

The Small Business Administration will provide more assistance and capital to small businesses. The FY 2010 Appropriations Bill shows the SBA will receive $824 million which is $212 million above 2009 and $45 million above the request. Highlights include:· Overall Lending: Supports $28 billion in new lending to small businesses· Microlending: $25 million in new […]

Small Business Lending Making a Comeback?

It appears that the SBA is showing an increase in the number of government backed loans. In the last quarter of 2009, the SBA backed over 12,000 7a loans as compared to the same quarter in 2008 where the total was only 9,000. While encouraging, the last quarters numbers are quite a bit lower than […]

Starting and Running a Small Business in St. Johns County Just Got Easier

Thanks to the financial support of the St. Johns County Board of County Commissioners, the SBDC at UNF now has a full time office in St. Johns County. Marge Cirillo, St. Johns County’s very own SBDC Certified Business Analyst, has an office in the County’s Growth Management Building, also known as the “Permit Center”. SBDC […]

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