Small Business Administration's Portable Assistance Program
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In addition, the SBA plans to administer five awards to different applicants with each award amounting to $80,000; bringing the total funding budget to $400,937.

In order to be eligible to submit an application under the Portable Assistance Program, you will have to:

1) Be an accredited Small Business Disaster Center

2) Be funded as a Lead Center of the Small Business Administration

3) Have experienced any form of major disaster in the Land Center's area of service upon the date of submission of applications.

However, the SBA will refuse to accept applications that are coming from:

1) Any that is organization not a currently funded and not an accredited SBDC Lead Center

2) Any organization that is currently having an outstanding, unresolved financial issue with any federal agency

3) Any organization that is presently suspended or prohibited from receiving grants and other forms of financial assistance from the federal government.

4) Any organization with a grant or cooperative agreement that was involuntarily terminated or non-renewed by SBA

5) Any organization that has filed for bankruptcy within the past five years;

6) Any organization with at least one significantly non-compliant condition within SBA program guidelines while implementing or administering any SBA program, current or past.

Small Business Administration's Portable Assistance Program
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Additional Resources

category - Small Business Grants

Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.

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Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.

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Disaster Relief Loans from GovLoans
GovLoans is a website created by the United States Federal Government that is designed to serve as the public's gateway to loan program information. One of the several kinds of loans that are featured in the GovLoans website are Disaster Relief loans.

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Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.

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