SBASBA Programs and ServicesPrograms and Services

U.S. Small Business AdministrationNorth Park Corporate Center

17319 San Pedro, Bldg. 2, Suite 200San Antonio, Texas 78232

210.403.5917 -- Lender Relations210.403.5928 -- Bus. Dev.

210.403.5924 – 8(a) Contracting

Office Website: www.sba.gov/tx/sanantonio

VETERANS’ OUTREACH PROGRAM

U.S. SMALL BUSINESS U.S. SMALL BUSINESS ADMINISTRATION ADMINISTRATION

SAN ANTONIO DISTRICTSAN ANTONIO DISTRICT

Debra Dimando,Debra Dimando,

Veterans’ Affair OfficerVeterans’ Affair Officer

Business Development SpecialistBusiness Development Specialist

(210) 403-5914(210) 403-5914

Atascosa

Bandera

Concho

Crockett

Dimmit

Edwards

Frio

Gillespie

Irion

Kendall

Kimble

Kinney

La Salle

LlanoMason

Maverick

Mcculloch

Mcmullen

Medina

Menard

Real

San Saba

Schleicher

Sutton

Tom Green

Uvalde

Val Verde

Webb

Zavala

Blanco

Burnet

Comal

Hays

Lampasas

Travis

Williamson

Bastrop

Bee

Caldwell

Calhoun

De Witt

Fayette

Goliad

Gonzales

Guadalupe

JacksonKarnes

Lavaca

Lee

Live Oak Refugio

Victoria

Wilson

Kerr

San Angelo

Laredo

Angelo State University SBDC (325) 942-2098 SBA--Mary Alice Blanco

Texas A&M International University SBDC (956) 326-2550 SBA– Mary Alice Blanco

Rio Grande College (830) 758-5025 SBA– Debra Dimando

Texas State Univ. SBDC (512) 245-4686 (512) 716-4800 SBA– Debra Dimando

UT San Antonio SBDC (210) 458-2460 SBA--Mary Alice Blanco

University of Houston Victoria SBDC (361) 575-8944 SBA—Debra Dimando

SBA SAN ANTONIO DISTRICT SBDC and SBA Coverage

Del Mar College SBDC Corpus Christi, TX (361) 698-1021 SBA– Mary Alice Blanco

San Antonio

Bexar

Eagle Pass

San Marcos

Victoria

Why SBA?Why SBA?

• Business DevelopmentBusiness Development– OutreachOutreach– Special Workshops/Conferences Special Workshops/Conferences – Counsel & Advise through:Counsel & Advise through:

• Small Business Development Center Program (SBDC)Small Business Development Center Program (SBDC)• Service Corps of Retired Executives (SCORE)Service Corps of Retired Executives (SCORE)• Women Business Center (WBC) located in AustinWomen Business Center (WBC) located in Austin

• Procurement AssistanceProcurement Assistance– 8(a) Program

• Loan ProgramsLoan Programs

8(a)BD Program Objectives8(a)BD Program Objectives(Sec. 204 of Public Law 100-656)(Sec. 204 of Public Law 100-656)

• ““to promote the business development of to promote the business development of small business concerns owned and small business concerns owned and controlled by socially and economically controlled by socially and economically disadvantaged individuals . . .”disadvantaged individuals . . .”

• ““to promote the competitive viability of such to promote the competitive viability of such concerns . . .”concerns . . .”

• ““to clarify and expand the program for to clarify and expand the program for procurement by the United States . . .”procurement by the United States . . .”

~ LOAN PROGRAM ~ ~ LOAN PROGRAM ~ HOW THE SBA GUARANTY WORKSHOW THE SBA GUARANTY WORKS

• Lending Institution -- Plays The Central Role Lending Institution -- Plays The Central Role – Application & ProcessingApplication & Processing

• Lending Institution -- Requests SBA Lending Institution -- Requests SBA Guaranty Guaranty

• Lending Institution -- Closes and FundsLending Institution -- Closes and Funds

• Lending Institution -- Services the LoanLending Institution -- Services the Loan

U.S. Small Business Administration

The Patriot Express Initiative Loan

SBA’s Patriot ExpressInitiative has new andenhanced programsand services forveterans and membersof the military wantingto establish or expand small businesses.

• Veterans (other than dishonorably discharged)• Service-disabled veterans

• Soon-to-be discharged active-duty service members eligible for the military’s Transition Assistance Program

• Reservists and National Guard members

• Current spouse of any Veteran (other than dishonorably discharged), any Service-Disabled Veteran, any Active Duty Military member, or Reservist or National Guard member; widowed spouse of a service member who died while in service; or widowed spouse of a veteran (other than dishonorably discharged) who died of a service-connected disability

Military community members, including:

Patriot Express Initiative Loan

Patriot Express Initiative Loan

• 85 percent for loans of$150,000 or less

• 75 percent for loans over$150,000 up to $500,000

Patriot Express loans qualify for

the SBA’s maximum guaranty:

Other Key Features

• Revolving lines of credit available

• Lenders Use Mostly Own Documents &

Procedures

• Loans Processed in Sacramento

• Delivery Methods -- Fax / Mail / E-Tran

• SBA Response - 24 Hours

Patriot Express Initiative Loan

Collateral Requirements • Lenders are not required to take

collateral for loans up to $25,000

• Lenders may use their existing collateral policy for loans over $25,000 up to $350,000

• Lenders must take available collateral for loans greater than $350,000

Patriot Express Initiative Loan

Interest RatesThe standard 7(a) interest rate restrictions apply:

• A lender may charge up to 2.25 percent over the Prime rate for maturities under seven years

• A lender may charge up to 2.75 percent over the Prime rate for maturities over seven years

• The rates can be 2 percent higher for loans of $25,000 or less

• Or, 1 percent higher for loans between $25,000 or $50,000.

Patriot Express Initiative Loan

HELPFULHELPFUL WEBSITESWEBSITES

www.sba.gov www.sba.gov (main website)(main website)

www.sba.gov/tx/sanantonio www.sba.gov/tx/sanantonio (district website)(district website)

www.sba.gov/sizewww.sba.gov/size(size standards)(size standards)

www.iedtexas.org www.iedtexas.org (UTSA-SBDC)(UTSA-SBDC)

Debra.dimando@sba.govDebra.dimando@sba.gov(210) 403-5914(210) 403-5914