how the small business administration helps entrepreneurs
TRANSCRIPT
An Interview withNataliaOlson-UrtechoRegional Communications Director for theU.S. Small Business Administration’sMid-Atlantic Region
Are you taking advantage of the resources of the SBA?
The U.S. Small Business Administration serves 28 million small businesses and counting.
I had the pleasure of learning more about the SBA’s mission and services in my conversation with Natalia Olson-Urtecho.
www.goforlaunch.io/show56
On the show, we talk about lots of ways entrepreneurs and small businesses can get assistance from the Small Business Administration.Did you know…
• Two out of three people work for a small business in the United States
• There has been huge entrepreneurial growth in the past few years (since the Great Recession)
• The SBA has enjoyed five years of record lending to small businesses — the most in their 60+ years in existence; in fact, Congress passed a bill in just two days to raise the amount of money available through SBA loans
• Lots of large businesses and even entire industries/regions (e.g., Silicon Valley) get help from the SBA in their early stages
• In the U.S., small businesses are classified as under 500 employees and under $30 million in revenue
• The SBA is the largest backer or guarantor of financing/loans to small businesses in the United States
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