Us Small Business Administration
Us Small Business Administration's email is answerdesk@sba.gov
and
Us Small Business Administration's phone number is 800-827-5722
.
The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the botto...
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The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam. Overview & History Since its founding on July 30, 1953, the U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. The SBA was officially established in 1953, but its philosophy and mission began to take shape years earlier in a number of predecessor agencies, largely as a response to the pressures of the Great Depression and World War II. The Reconstruction Finance Corporation (RFC), created by President Herbert Hoover in 1932 to alleviate the financial crisis of the Great Depression, was SBA's grandparent. The RFC was basically a federal lending program for all businesses hurt by the Depression, large and small. It was adopted as the personal project of Hoover's successor, President Franklin D. Roosevelt, and was staffed by some of Roosevelt's most capable and dedicated workers. Concern for small business intensified during World War II, when large industries beefed up production to accommodate wartime defense contracts and smaller businesses were left unable to compete. To help small business participate in war production and give them financial viability, Congress created the Smaller War Plants Corporation (SWPC) in 1942. The SWPC provided direct loans to private entrepreneurs, encouraged large financial institutions to make credit available to small enterprises, and advocated small business interests to federal procurement agencies and big businesses. The SWPC was dissolved after the war, and its lending and contract powers were handed over to the RFC. At this time, the Office of Small Business (OSB) in the Department of Commerce also assumed some responsibilities that would later become characteristic duties of the SBA. Its services were primarily educational. Believing that a lack of information and expertise was the main cause of small business failure, the OSB produced brochures and conducted management counseling for individual entrepreneurs. Congress created another wartime organization to handle small business concerns during the Korean War, this time called the Small Defense Plants Administration (SDPA). Its functions were similar to those of the SWPC, except that ultimate lending authority was retained by the RFC. The SDPA certified small businesses to the RFC when it had determined the businesses to be competent to perform the work of government contracts. By 1952, a move was on to abolish the RFC. To continue the important functions of the earlier agencies, President Dwight Eisenhower proposed creation of a new small business agency -- the Small Business Administration (SBA). In the Small Business Act of July 30, 1953, Congress created the Small Business Administration, whose function was to ''aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns.'' The charter also stipulated that the SBA would ensure small businesses a ''fair proportion'' of government contracts and sales of surplus property. By 1954, SBA already was making direct business loans and guaranteeing bank loans to small businesses, as well as making loans to victims of natural disasters, working to get government procurement contracts for small businesses and helping business owners with management and technical assistance and business training. The Investment Company Act of 1958 established the Small Business Investment Company (SBIC) Program, under which SBA licensed, regulated and helped provide funds for privately owned and operated venture capital investment firms. They specialized in providing long-term debt and equity investments to high-risk small businesses. Its creation was the result of a Federal Reserve study that discovered, in the simplest terms, that small businesses could not get the credit they needed to keep pace with technological advancement. In 1964, SBA began to attack poverty through the Equal Opportunity Loan (EOL) Program. The EOL Program relaxed the credit and collateral requirements for applicants living below the poverty level in an effort to encourage new businesses that had been unable to attract financial backing, but were nevertheless sound commercial initiatives. SBA has grown in terms of total assistance provided and its array of programs tailored to encourage small enterprises in all areas. SBA's programs now include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. The SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade.
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Website | sba.gov | |
Industry | Government Administration | |
Location | Washington, District Of Columbia, United States | |
Employees | 5,048 | |
Founded | 1953 |
HQ | 409 3rd Street, SW | |
Phone | 800-827-5722 | |
answerdesk@sba.gov | ||
Competitors | United States Postal ..., Department Of Veteran..., Uk Government, Government Of Canada, Secretaría De Educaci..., Rijksoverheid, |
Website | sba.gov | |
Industry | Government Administration | |
Location | Washington, District Of Columbia, United States | |
Employees | 5,048 | |
Founded | 1953 | |
linkedin.com/company/us-small-business-administration | ||
HQ | 409 3rd Street, SW | |
Phone | 800-827-5722 | |
answerdesk@sba.gov |
Email Patterns for Us Small Business Administration
Top Competitors for Us Small Business Administration
Us Small Business Administration Questions
Where are Us Small Business Administration's headquarters?
Us Small Business Administration's headquarters are in 409 3rd Street, SW
What is Us Small Business Administration's phone number?
Us Small Business Administration's phone number is 800-827-5722
What is Us Small Business Administration's official website?
Us Small Business Administration's website is sba.gov
How many employees are working in Us Small Business Administration right now?
Us Small Business Administration has
5,048 employees.
View the Email and Phone Numbers for all 5,048 working at Us Small Business Administration.
What is Us Small Business Administration's industry?
Us Small Business Administration's industry is
Government Administration
Who are Us Small Business Administration's top competitors?
Us Small Business Administration's top competitors are
United States Postal Service
,
Department Of Veterans Affairs
,
Uk Government
,
Government Of Canada
,
Secretaría De Educación Pública
,
Rijksoverheid
What is Us Small Business Administration's email address?
Us Small Business Administration's email address is answerdesk@sba.gov
What are Us Small Business Administration's categories?
Us Small Business Administration's categories are Business Development, Consulting, Small and Medium Businesses
What is Us Small Business Administration's location?
Us Small Business Administration's location is
Washington, District Of Columbia, United States
When was Us Small Business Administration's founded?
Us Small Business Administration's founding year is 1953
What is Us Small Business Administration's current status?
Us Small Business Administration's current status is operating
Top Us Small Business Administration Employees
Loan Officer
montanez.yari@yahoo.com
+1781-784-7725
Loan Specialist
psonnal@alicart.com
+1973-610-6758
Construction Analyst At Us Small Business Administration
david.shulkin@sba.gov
+1202-205-6770
Lead Business Development Specialist
paul.tavernia@sba.gov
+1202-205-6770
District Director
ecooper4183@bellsouth.net
+1202-205-6770
Human Resources Officer
lashaun.curry@sba.gov
+1202-205-6770
Lead Attorney And Reservist
carole.lein@midfirst.com
+1817-676-4422