I was so excited when I learned that the Small Business Administration had granted me an “extra credit” of $20 that I thought I would share with you. This is in order to help you out in your own job search.
The SBA is a government agency that helps small businesses stay afloat. Its goal is to make sure that each and every business receives the funding it needs to grow. According to the SBA website, your business may receive a credit of up to $5,000 if your business is involved in any of the following categories: Small business, nonprofit, education, research, health, and international.
These are categories that I’m sure are still used by many businesses today. But the SBA website goes on to say that a credit of 5,000 can be used by any business involved with one of the above categories. This means that if you operate a business that’s not involved in one of these categories, you can probably get a credit of 5,000 to 10,000.
But I’ve heard people say that credit card companies like to give out as much as they can to small businesses so they can “spread the wealth” around. This might have been true for the credit card companies in the past, but in the case of the SBA website, it’s more of a “spread the good news across the board” kind of policy.
As a first impression, I’ve heard the name of the company has an attached logo. That’s one of the many reasons why they don’t list it as a company. If you’ve been a business owner, probably you know of a company that does have some kind of logo attached.
One of the reasons Ive heard about SBA is that it was the small business rate relief agency for the government. It was created in 1944 and its been around ever since. SBA works as part of the government to help small businesses in their efforts to expand. In the case of SBA, it allows small businesses to get credit cards in order to get loans in order to expand.
Some small businesses have actually been able to use SBA’s services to get their credit cards because it has a built-in “free” credit limit. Other small businesses have been unable to get SBA’s services because they’ve had to pay back the money they were given to SBA. SBA has also used their services to help small businesses who have been damaged by the economic downturn.
The Small Business Administration (SBA) was established in 1965 to provide small business loans to small businesses. The SBA’s mission is to improve and promote the economic well-being of all small businesses and individuals by providing a variety of programs and services designed to provide assistance, stimulate growth, stimulate competition, and assist in achieving the objectives of the United States in promoting a safe, sound and sustainable economy.
The SBA was created in the wake of the Great Depression, though originally the program was intended to help businesses that were not particularly well-funded. Today, the SBA is a vital part of our government’s economic policy, providing loans, grants, and other assistance to small businesses and their employees. The SBA has made it a priority to help small businesses stay afloat during the economic downturn, and is working to make sure that all small businesses receive government assistance.
What small businesses don’t get is that SBA loans are intended to be used for businesses that are at least $10 million in size. As a consequence, companies that are so small you need a government loan to even get started are not eligible for the SBA program, which is why you can’t use any SBA loans to buy a house.