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OPINION: SBA Grocery Guarantee aims to lower NJ food costs
The regional administrator for the U.S. Small Business Administration’s Atlantic Region says the SBA Grocery Guarantee expands loans to boost NJ's food supply chain, aiming to lower grocery prices and support farmers, logistics and small businesses.
New SBA portal links small businesses to US suppliers
The free Make Onshoring Great Again Portal aims to boost production and manufacturing nationwide by connecting firms with more than 1 million domestic suppliers.
SBA launches $1.1M grant to boost small manufacturers
Applications close May 12 for the program, which aims to support these businesses with training and technical assistance.
SBA offers assistance to storm-impacted Warren County
The Small Business Administration is opening an outreach office to assist residents with questions about the disaster loan program, the application process and more—with no appointment necessary.
Three NJ counties included in SBA’s I-95 disaster assistance
Following the recent roadway collapse, the U.S. Small Business Administration opened a Business Recovery Center and is offering low interest loans to effected small businesses in the region.
SBA announces next steps for new loan rules
“The ongoing modernization ... will help ensure more borrowers can get funded through a broader network of lenders so they can help build a strengthened American economic that innovates, manufactures and provides the products and services that make our lives better across Main Street," according to Administrator Isabella Casillas Guzman.
Goldman Sachs March Madness NIL ad calls for SBA modernization
The launch coincides with the release of a new report by the bank's 10,000 Small Businesses Voices initiative, which offers a blueprint to update the Small Business Administration to better serve today’s enterprieses more effectively.
Scotch Plains business owner named NJ’s SBA Person of the Year
Lauren Borawski took home the honor for Child’s Play Challenge Courses. Launched with her husband, Matthew, in 2015, the company brings portable obstacle courses to clients’ backyards or event locations.
Cross River Bank caught in PPP lending report crosshairs
“[W]e were there for the SBA when they needed us to help provide loans to the smallest small businesses across the country,” Senior Vice President of Public Affairs Phil Goldfeder told NJBIZ. “And we’re asking them now just to operate in good faith and work with us to resolve any outstanding issues.”
SBA launches innovation, investment advisory committees to support startups
“These new advisory committees will help us gain valuable insights into not only how the SBA can improve programs and policies to strengthen the innovation ecosystem across the nation, but also how the agency can better serve our customers while accelerating the flow of patient private and public capital to innovative startups and small businesses,” said SBA Administrator Isabella Casillas Guz[...]
SBA’s annual procurement scorecard: NJ small businesses awarded $2.95B
The annual report showed a record-breaking year, with $154.2 billion contracted nationally.
SBA holds roundtable with Burlington County small business owners
Led by Administrator Isabella Guzman, and joined by U.S. Rep. Andy Kim and other officials, the group met at Olga's Diner in Marlton to explore efforts that worked – and those that didn't – during the pandemic, in addition to discussing the ongoing challenges operators continue to face.
