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News & Events

Jan 23, 2024
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Low-Interest Federal Disaster Loans Available for Private Nonprofits in Phillips County


Administrator Isabella Casillas Guzman of the U.S. Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for certain private nonprofit organizations in Phillips County. This follows the amendment to President Biden’s Oct. 26 major disaster declaration for Public Assistance, addressing severe storms, straight-line winds, tornadoes, and flooding that occurred from July 14 – 21.




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Jan 10, 2024
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Community Navigator Pilot Program Empowers Underserved Small Businesses


In a historic move, President Biden issues a landmark Executive Order aimed at positioning America as a global leader in harnessing the potential and mitigating the risks of artificial intelligence (AI). This comprehensive order establishes groundbreaking standards for AI safety and security, prioritizes privacy protection, advances equity and civil rights, advocates for consumers and workers, promotes innovation and competition, and bolsters American leadership worldwide.


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Jan 4, 2024
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SBA Massachusetts District Office Celebrates Strong Fiscal Year-End Performance


Robert H. Nelson, District Director for the U.S. Small Business Administration’s Massachusetts District Office, proudly announced the fiscal year-end achievements for Massachusetts. SBA lending in the Commonwealth witnessed a remarkable 11.9% increase in combined 7(a)/504 flagship lending year-over-year, with the total dollar amount rising by 7.5% from $571,612,600 to $614,563,500.


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