FACT SHEET: Ahead of Small Business Saturday, the Biden-Harris ...

Nov 29, 2024 · Today, the White House announced new actions by the Small Business Administration (SBA) and the Office of Management and Budget (OMB) to increase access to …

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FACT SHEET: Ahead Of Small Business Saturday, Biden-Harris ...

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Nov 21, 2023 · Total SBA Lending: The SBA has backed $108 billion in 7(a) and 504 loans to small businesses during the Biden Administration - 32% more than the same time in the prior …

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New Report Reveals Historic Surge In Small Business Financing …

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Oct 24, 2024 · Moreover, for the first time since 2008, the SBA made more than 100,000 financings to small businesses, representing a 22% increase over FY23 and a 50% increase …

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Biden’s Parting Gift To Small Business: Bigger SBA Loans And More ...

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The Small Business Dispensation (SBA) cap on 7(a) loans for Community Advantage Small Business Lending Companies (CA SBLCs) has been raised from $350,000 to $500,000. The …

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New Report Reveals Historic Surge In Small Business Financing Under ...

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Oct 28, 2024 · The U.S. Small Business Administration delivered $56 billion to small businesses and disaster-impacted communities in Fiscal Year 2024, the FY24 Capital Impact Report …

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3 Ways You Could Benefit From Biden's $25 Billion Small-Business ...

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Sep 15, 2021 · 1. Direct lending for key SBA loan programs. The bill would allow the U.S. Small Business Administration to make its popular 7(a) and 504 loans directly, instead of through a …

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FACT SHEET: Celebrating National Small Business Week, Biden …

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Apr 29, 2024 · SBA has nearly doubled small dollar loans. Small businesses consistently voice the need for access to small dollar loans, with survey results indicating over 50% of small …

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Looking Back At Biden’s Influence On Business Finances - Forbes

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Jan 14, 2025 · There are also more borrowers taking advantage of two programs that are under the 7(a) umbrella providing small loans with financing of up to $500,000, and quick access to …

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How New Jersey Will Benefit From Biden's Infrastructure Spending

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Nov 15, 2021 · New Jersey stands to benefit from the $1.2 trillion infrastructure bill President Joe Biden signed into law on Monday.. The state is set to receive more than $12 billion over five …

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FAQs about FACT SHEET: Ahead of Small Business Saturday, the Biden-Harris ... Coupon?

How much did the Biden-Harris administration spend on small businesses?

The Small Business Administration (SBA) released its Procurement Scorecard showing that in Fiscal Year 2023, the Biden-Harris Administration awarded an all-time high in federal contracts to small businesses across federal agencies. In total, a record-high of $178.6 billion, or 28.4 percent, of all contracting dollars went to small businesses. ...

How much money did Biden and Harris invest in small businesses?

President Biden and Vice President Harris invested a record $56 billion in SBA-backed capital in small businesses last year—and have overseen a small business boom. American entrepreneurs have filed over 20 million new business applications, the most in any single Presidential term in history. ...

How did Biden's administration affect business?

Biden’s administration also stopped several high-profile mergers. This frustrated businesses and investors, potentially wiping out opportunities for business expansion and payouts for stockholders. ...

What does the Biden-Harris administration do on Small Business Saturday?

“On Small Business Saturday, the Biden-Harris Administration celebrates the hardworking Americans who run our small businesses and keep our economy moving. We’re committed to helping them grow and succeed.” ...

Do small business owners approve of Biden's policies?

A recent survey shows that President Biden’s approval among small business owners is at a “new low,” with only 30 percent of the 2,000 business owners polled saying they approved of his policies, and 56 percent saying they “strongly disapprove” of the way he’s been handling his presidency. ...

Where does Biden's money come from?

This money comes from the State Small Business Credit Initiative, which was actually established in 2010 for $1 billion and then reauthorized in 2021 for $10 billion as a response to Covid and under the American Rescue Plan Act. The reauthorization effort goes back well before Biden took office; he is merely overseeing the distribution of funds. ...