The SBA Information Notice 5000-1309 provides clarification on the SBA Fiscal Year 2014 reduction in fees for all 7(a) loans of $150,000 or less.
This Southern-Caribbean restaurant was able to expand with a loan through the SBA 504 program, facilitated by The 504 Company and JP Morgan Chase bank.
Are you a food business seeking financing? Join us Tuesday, March 18th to learn about how the NYC Food Manufacturers Growth Fund is an available option for your business.
- Published in General News
The NFIB released the Small Business Economic Trends Report. You can access the full report via the link provided.
- Published in Articles of Interest
We’re launching new series called "Did You Know?" which will provide step-by-step information on small business lending. This week we're focusing on community partnerships.
When Runner & Stone, an artisanal bread baking business, sought to expand beyond its food stand at Brooklyn's outdoor market Smorgasburg, owners Christopher Pizzulli and Peter Endriss were unable to find bank financing. NYBDC was able to help.
The SBA Office of Advocacy released their Quarterly Employment Bulletin, which highlights small business employment data from the fourth quarter of 2013.
This unique business accessed capital to finance the conversion of a former warehouse into a soundproof studio where they record sounds for film and television soundtracks.
The Superstorm Sandy Emergency Loan Program helped Lucky's Real Tomatoes rebuild after the Brooklyn-based business was severely damaged by the storm.
Vito DiMatteo, owner of Will2Lose Fitness Club, utilized the SBA 504 program to purchase the building his fitness center is located in. The Scarsdale business owner is enjoying much success and was recently featured in 914 Inc. Magazine.
NYBDC has approved a $100,000 grant to Red Hook Initiative (“RHI”) in support of their 500 Futures campaign.