How do you get into the SBA?
Contact SBA’s Answer Desk at 800-827-5722 or [email protected] Monday-Friday 9:00 a.m. to 6:00 p.m. ET.
How do I contact SBA?
(800) 827-5722Small Business Administration / Customer service
What does the Small Business Administration do?
SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, preserve free competitive enterprise and maintain and strengthen the overall economy of our nation.
What qualifies as a small business SBA?
The answer varies by industry, but a small business is one that has fewer than 1,500 employees and a maximum of $38.5 million in average annual receipts, according to the SBA.
How do I pay off my SBA loan?
There are several ways you can make a payment on your disaster loan – by phone, by mail, and online.
- Payment by Phone. To make a payment, contact the SBA Customer Service Center toll-free at 1-800-659-2955 (TTY: 1-800-877-8339).
- Payment by Mail.
- Payment Online.
What is the best time to call the SBA?
Employment with SBA’s Office of Disaster Assistance The best time to contact the SBA’s Customer Service Center is: Weekdays from 8:00 a.m. to 8:00 p.m. (Eastern)
How do I check the status of my SBA loan?
How to check account status for existing SBA loan borrowers. Existing borrowers can use SBA Capital Access Financial System (CAFS) (caweb.sba.gov) to monitor the status of the following loan types: Paycheck Protection Program (PPP)
How much money is considered a small business?
SBA’s Table of Size Standards provides definitions for North American Industry Classification System (NAICS) codes, that vary widely by industry, revenue and employment. It defines small business by firm revenue (ranging from $1 million to over $40 million) and by employment (from 100 to over 1,500 employees).
Do I qualify as a small business?
Meet size standards Most manufacturing companies with 500 employees or fewer, and most non-manufacturing businesses with average annual receipts under $7.5 million, will qualify as a small business.
What income is considered small business?
Do I have to pay the SBA loan back?
SBA loans are granted to small businesses to expand their operations via long- or short-term capital, asset purchases, or startup expenses. Small businesses receive loans from SBA partner lenders and the borrower is obligated to pay this lender back.