Small Business Administration
Jason Gober Named Business Development Officer for SBA Lending at FNBC Bank (Super Mover)
Gober brings more than a decade of banking experience to FNBC. read more >
The Croissanterie’s Journey from Truck to Two Locations
Jill McDonald and Wendy Schay grew The Croissanterie from a food truck to two brick-and-mortar locations in under four years, thanks to hard work, good timing, and support. read more >
by Jan Cottingham -
Veterans Face Challenges Starting Small Businesses But There Are Plenty of Resources to Help
Many veterans who’ve started small businesses tell a similar story: Their military service prepared them mentally for the task, but they were at a disadvantage when it came to the financial part. read more >
by Associated Press -
Startup Junkie to Lead Regional Lithium Center
The federal Small Business Administration selected Startup Junkie to direct the public-private initiative. read more >
A Family Business’ Blueprint for Success (Howard Hurst Commentary)
Passion, relationships and taking care of employees fuel longevity in small businesses. read more >
by Howard Hurst -
Supporting Small Businesses with SBA District Director Adriene Brown
Brown joined the Small Business Administration in April. She previously worked 13 years for the U.S. Department of Defense, where she was deputy division chief for Shared Services. read more >
Orthodox Farmhouse Brewery to Open in Washington County
Owners Ashlyn Gagnon and her husband, Jesse, are in their “final push” to open the craft brewery in Elkins by the end of this year. read more >
US Failed to Stop Fraud in COVID Loan Program, Panel Chief Says
At least $80 billion distributed from the $400 billion program could have been fraudulent, much of it in scams using stolen identities. read more >
by Associated Press -
Two Years Into COVID, Was $800B Payroll Aid Plan Worth It?
A study suggests that the program — commonly known as PPP — was troublingly expensive per job saved and the payments mostly benefitted business owners. read more >
by Associated Press -
Entrepreneurship for All Northwest Arkansas, SBA Form Alliance
Rodrigo Salas, EforAll’s executive director, said in a news release that the SBA offers many tools and resources but many minority business owners aren’t aware of them. read more >
ASBTDC Awarded $125K Grant to Help Startups
The money will go toward specialized training, mentoring, and technical assistance for research and development-focused small businesses. read more >
Arkansas Women’s Business Center Awarded $200K to Improve Offerings
Winrock International’s Arkansas Women’s Business Center in El Dorado has been awarded a $200,000 grant to improve service delivery, training and support to women-owned businesses affected by COVID-19. read more >
SBA Administrator Visits Northwest Arkansas
Isabella Casillas Guzman, administrator of the Small Business Administration, on Friday told northwest Arkansas business owners that the agency is ready to continue helping them and wants to know about their current experiences as well as the future challenges they expect to face. read more >
by Marty Cook -
PPP Extended, Expanded to Provide More Funding (Commentary)
The Paycheck Protection Program (PPP) has been extended and expanded to provide more funding for first-time borrowers and to allow some existing borrowers the opportunity to receive additional help. read more >
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Minority-Owned Companies Waited Months for Loans, Data Shows
Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program. read more >
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SBA Releases Simpler Application for Smaller PPP Loans
The U.S. Small Business Administration, in consultation with the Treasury Department, recently released a simpler loan forgiveness application for Paycheck Protection Program loans of $50,000 or less. read more >
Little Rock Chamber Announces Partnership with SCORE
The Little Rock Regional Chamber announces a new partnership with the local SCORE chapter of Little Rock. read more >
ASBTDC Gets $200K Grant to Help Innovative Small Businesses
The Arkansas Small Business & Technology Development Center at the University of Arkansas at Little Rock recently received $200,000 to support innovative small businesses. read more >
SBA Loans in Arkansas Increase 111 Percent
Arkansas’ performance exceeded the national average and includes a 34 percent increase in numbers of loans, the SBA said. read more >
Are You Overlooking Potential Customers? (Heather Robinette Expert Advice)
Untapped international markets represent a viable opportunity for expansion and diversification for many Arkansas companies, including small ones. However, the narrow view of too many business owners is that exporting is an option only for larger companies or manufacturers. read more >
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