Small Business Administration


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Small Business Administration

An agency of the U.S. federal government that guarantees loans made to entrepreneurs and small businesses. It also provides special assistance to businesses run by women and minorities. It was established in 1953.

Small Business Administration (SBA)

A federal government agency created in 1953 to “aid, counsel, assist and protect... the interests of small business concerns,” including real estate-related industries. It provides training and counseling and financial assistance through loans and guarantees. The SBA (www.sba.gov) also negotiates small business set-asides with federal agencies requiring outside goods and services, meaning that a certain predetermined percentage of those contracts will be awarded to small businesses.

References in periodicals archive ?
Certifying Your Business: Securing Fortune 500 Clients and Government Business" (Entrepreneur) moderated by the Small Business Administration and the Women's Business Enterprise Council-West.
In addition, Wise says her consultants helped her design a brochure that resulted in two $500,000 highway contracts; and, they helped her obtain her first $100,000 line of credit with a local bank, along with two Small Business Administration loans that totaled $105,000.
Small Business Administration launched a ``Women's Prequalification Loan'' program to help female business owners get access to credit.
The Bush Administration has dealt another blow to small business owners across America by moving forward with plans to close the Small Business Administration (SBA), the only federal agency that exists to assist the 23 million small businesses where most Americans work.
According to the Small Business Administration (SBA), this information is publicly available on the Federal Procurement Data System-Next Generation (FPDS-NG).
Under his leadership, Tamalpais Bank was awarded the Preferred Loan Status by the Small Business Administration and expanded its SBA lending program.
Small Business Administration (SBA) and the Michigan Department of Management and Budget (MDMB) to present small business owners with federal and state contract and capital opportunities at the Hispanic Business Expo and Economic Summit on Thursday, September 7 at the Detroit Marriott Renaissance Center.
NASDAQ:WSTF), a leading provider of staffing services, and Autonomic Resources, a Small Business Administration Certified Section 8(a) Program Participant based in Raleigh, North Carolina, today announced their joint certification as mentors within the Department of the Treasury's Mentor-Protege Program.
ITI) business unit has signed Innovative Bank, ranked among the top Small Business Administration (SBA) lenders in the U.
NYSE: CIT): leading commercial and consumer finance company and the number one Small Business Administration (SBA) lender.

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