Tag Archives: Small Business Administration

SBA Offers Assistance After Winter Storms

Winter storm

Low-interest federal disaster loans are now available to Texas businesses and residents as a result of President Biden’s major disaster declaration. The declaration covers 77 Texas counties as a result of the severe winter storms that began on Feb. 11. Lower Rio Grande Valley District counties included in declaration are Aransas, Cameron, Hidalgo, Nueces and San Patricio. “SBA is strongly committed to providing Texas with the most effective and customer-focused…

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SBA Funding Options and Resources for Small Businesses

loan, grant money ,funding

Join the Small Business Administration for the “SBA Funding Options and Resources for Small Businesses” workshop on Jan. 21. Participants will learn about government contracting opportunities and free business counseling services. The online event will also cover SBA’s disaster loan program available to small businesses, homeowners, and renters after a declared disaster. The U.S. Small Business Administration works with approved lenders and community development organizations to offer SBA-guaranteed loans to…

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National Veterans Small Business Week Nov. 2-6

The Small Business Administration celebrates veteran-owned businesses across the country Nov. 2-6 with National Veterans Small Business Week. This is the seventh year the SBA offers entrepreneurial trainings and resources right in local communities to service members, veterans, National Guard and Reserve members, and military spouses. This year’s theme is #VetBiz Resources in Your Local Community, highlighting the breadth of free to low-cost entrepreneurial resource offerings right in veterans’ own…

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SBA Overview: Assistance For Your Business

SBA logo

The U.S. Small Business Administration’s Lower Rio Grande Valley District Office presents information for small businesses on Sept. 29 to help them grow and prosper in difficult times. This webinar is held in collaboration with the Del Mar College Small Business Development Center. Throughout the program participants will hear about: Overview of SBA Programs to assist business Updates on the available SBA funding options Small Business Advising & Counseling Times…

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8(a) Business Development Program and System for Awards Management Webinar

The Small Business Administration presents a webinar on “8(a) Business Development Program and System for Awards Management” July 29. The federal government’s goal is to award at least five percent of all federal contracting dollars to 8(a) certified small businesses each year. To help provide a level playing field for small businesses owned by socially and economically disadvantaged people, the government limits competition for certain contracts to businesses that participate…

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Lone Star Steps Up To Help

Restaurants like this one in Brownsville are the type of businesses that applied for SBA emergency loans. (VBR)

Lone Star National Bank President David Deanda knew he and his staff had the challenge of a banking lifetime before them.  The outbreak of COVID-19 had brought the South Texas economy to a sudden and shocking halt. Small businesses in the Rio Grande Valley were soon desperate for help. The federal government offered two lifelines. One was the Paycheck Protection Program. The other was the Economic Injury Disaster program.  Both…

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How Businesses Obtain Credit

business credit

The “How Businesses Obtain Credit” webinar on May 20 teaches business owners about the types of credit available to a small business owner. This includes lines of credit, credit cards and term loans, as well financing options from the Small Business Administration. Financial experts will also provide information, tips, and resources to help you with everyday finances and long-term financial goals. This event is free and open to the public.…

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PPP Loan Applications Resume April 27

Paycheck Protection Program

The Small Business Administration will resume accepting Payroll Protection Program loan applications on April 27 at 11:30 a.m. CDT from approved lenders on behalf of any eligible borrower. The announcement comes today from administrator of the Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin. According to the application announcement, “the PPP has supported more than 1.66 million small businesses and protected over 30 million jobs for…

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Pointing a Business Skyward

Esteban Mejia Jr., founder and owner of Sky I.T. Solutions

Esteban Mejia Jr. has the restless energy of an Air Force veteran who once worked long shifts as a nuclear cruise technician. Returning home, the Mercedes native built an information technology business from scratch. He’s now working to extend his brand. “My dad would tell me, growing up, ‘Never back down from work,’’ he said. “So I’m always thinking, ‘what else, what else can I do?’” Mejia is the founder…

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Grow Your Business Through Mentorship

mentor

When you start a new business, the possibilities are endless. From the type of products or services to deciding a company name, you can take any direction you want. Being your own boss can also come with challenges. When you own a business, it’s up to you to set priorities and make decisions. You may encounter situations you haven’t faced before and feel unsure about how to proceed. Fortunately, you…

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