When approached by the pastors with questions on nonprofit loans, Meeks assured them Seaway Bank is looking to have an informational meeting for nonprofit businesses later in the year.”
The SBA develops small business loans and assistance programs, special outreach efforts and initiatives to inform and assist small businesses. Over 160 active bank and non-bank lenders throughout Wisconsin provide SBA loans for new or existing businesses.
In November, SBA introduced Boots to Business Reboot, an entrepreneurship training program for veterans.
“SBA is for startups, growing your business and succeeding,” said Fazio. “We work with for profit businesses.”
SBA conducts training through resource partners. SCORE is one of their partners.
SCORE is a nonprofit organization offering free mentoring to startups and existing small businesses. In 2014, 8,085 new businesses started from SCORE in Wisconsin.
“Small business is the backbone of America,” said Goulet. “The majority of new jobs come from small businesses.”