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 ( 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 ?
Each of the five Home Savings branches will house four to six work stations for Small Business Administration personnel who anticipate using the space for at least six months.
Small Business Administration, 202-205-6740, or Karen Schwartzman of Bank of Boston, 617-434-7594/
Because we have attained nationwide Preferred Lender status from the Small Business Administration (SBA)," said Rice, "we are able to provide a full range of lending services to our growing customer base.
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.
The award marks the second time Raytheon Service Company has been chosen for the honor since the Small Business Administration initiated the program in 1985.
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.
Small Business Administration (SBA) today announced that a Maine small business owner with 15 years experience has been selected as the chief administrative officer for the agency's six-state New England region.
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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