The Small Business Administration

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Revision as of 18:04, 13 November 2015 by imported>Carlin (New page: ==About== Created in 1953 as an independent agency of the federal government, the Small Business Administration's (SBA) number one strategic goal is growing businesses and creating jobs, a...)
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About

Created in 1953 as an independent agency of the federal government, the Small Business Administration's (SBA) number one strategic goal is growing businesses and creating jobs, and its second goal is to serve as the voice for small business. The major tools employed by the SBA are a range of financial assistance programs for small businesses that may have trouble qualifying for a traditional bank loan. SBA has grown significantly in terms of total assistance provided and its array of programs have been tailored to encourage small enterprises in all areas. SBA's programs include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade. [1]

More than $50 million in SBA loans were being provided per day to U.S. small businesses. [2]

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