Established in 1953, the US Small Business Administration is a federal lending program providing assistance to the small business sector. Based in Washington, D.C., it provides loan to small businesses and helps business owners with management and technical assistance. The agency also provides related programs, such as counseling/advice and information on starting/managing a business, federal/financial contract procurement, specialized outreach to minorities/women/armed forces veterans and assistance/advice in international trade. Additionally, it caters to loans for victims of calamities and natural disasters. The US Small Business Administration has district offices in every state in the United States and is functionally divided into The Office of Advocacy and The Office of the Inspector General.
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