Small Business Administration
The United States Small Business Administration (SBA) offers business assistance and several types of loans and grants to assist small businesses throughout the country. The Portland District Office acts as the local contact for this agency.
- National Small Business Week – The President of the United States has proclaimed the third week of June as Small National Small Business Week since 1963. The U.S. Small Business Administration holds events throughout the week across the country to highlight the impact of outstanding small business owners.
- Small Business Lending Conference – The National Association of Government Guaranteed Lenders (NAGGL) puts on an annual conference on Small Business Lending.
- National Association of Government Guaranteed Lenders (NAGGL) – The NAGGL is the only national trade association serving the private-sector lenders that participate in the SBA business loan programs. To learn more, please view this informational flyer.
- SBA Lenders – Search this interactive web map to locate an SBA Lender in your neighborhood.
- Loan Program Summary – This document provides a summary of all loan programs offered by the SBA.
- Disaster Loans – This low-interest loan is available to businesses, homeowners, and renters of all sizes as well as most private nonprofit organizations. The loan can be used to repair or replace items damaged or destroyed in a declared disaster.
- General Small Business Loan 7(A) – This loan is for small businesses which operate for profit, engaged in business within the United States, have reasonable invested equity, demonstrate a need for the loan proceeds, and are not delinquent on any existing debt obligations to the U.S. government. View the program flyer
- Grants – Several government agencies offer grants which might be advantageous to small businesses.
- HUBZone – The Historically Underutilized Business Zones (HUBZone) program helps small bsuinesses in urban and rural communities gain preferential access to federal procurement opportunities.
- Microloans – This program provides loans up to $50,000 to assist small businesses and some not-for-profit childcare centers start up and expand.
- Real Estate & Equipment Loans CDC/504 – This loan provides financing for major fixed assets such as real estate and equipment.
- Service-Disabled Veteran-Owned Business Designation – This establishes an annual government-wide goal of not less than 3% of the total value of all prime and subcontract awards for participation by small businesses owned by service-disabled veterans.
- Small Disadvantages Business Designation – Businesses can self-represent this status by entering it into the System for Award Management. It assists in federal procurement opportunities.
- Surety Bonds – SBA guarantees bid, performance, and payment bonds issued by surety companies. This program encourages surety companies to bond small businesses which have difficulty obtaining bonding by themselves.
- Veteran Pledge Initiative - This initiative is a commitment by top national, regional, and community lenders to collectively increase their lending activity to veterans by five percent per year for the next five years. This will help veterans become entrepreneurs.
- Women-Owned Small Business Designation – This designation allows preferential treatment to federal procurement opportunities. To be eligible, a firm must be at least 51% owned and controlled by one or more women.