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THE SBA has proposed modifying regulations on how companies calculate their annual average revenue by changing the measured number of years of revenue from three to five years.

SBA proposes rule change for revenue calculations

PROVIDENCE – The U.S. Small Business Administration has proposed modifying its method for calculating annual average revenue for certain small businesses.The shift, according to...

Four SBA Rhode Island winners also tops in region

Four winners of the 2019 U.S. Small Business Administration awards for Rhode Island also took top honors for the New England region.They included:• Small...
JUSTIN OAKLEY, left, and Michael Vieira, owners of Oakley Home Access LLC, have been awarded the 2019 Rhode Island Small Business Person of the Year award from the U.S. Small Business Administration. / COURTESY OAKLEY HOME ACCESS LLC

SBA announces 2019 Rhode Island Small Business Week Award winners

PROVIDENCE – The Rhode Island District of the U.S. Small Business Administration announced the 2019 Rhode Island Small Business Week Award winners Wednesday.This year,...

Travis named president of Rhode Island Society of Certified Public Accountants

CRANSTON – Melissa D. Travis has been named president of the Rhode Island Society of Certified Public Accountants.Travis previously was director of commercial sales...
THE SMALL BUSINESS ADMINISTRATION has made Economic Injury Disaster Loans available to small businesses and nonprofits affected by the Aquidneck Island gas outage.

SBA offers disaster assistance to small businesses, nonprofits affected by Aquidneck...

NEWPORT – The U.S. Small Business Administration has made low-interest Economic Injury Disaster Loans available to Rhode Island small businesses, small agricultural cooperatives, small...
THE SBA is accepting applications in Rhode Island for its Emerging Leaders program.

SBA calls for Emerging Leaders program applicants in R.I.

PROVIDENCE – The U.S. Small Business Administration Rhode Island District office is calling for applicants for its Emerging Leaders program, which provides business leaders...
THE PARTIAL FEDERAL government shutdown is in its 26th day on Thursday. / BLOOMBERG NEWS FILE PHOTO/JULIA SCHMALZ

Partial federal government shutdown having local impact

PROVIDENCE – As the partial federal government shutdown drags on, local effects on those reliant on federal programs and those furloughed as federal employees...
THE SHUTDOWN of the Small Business Administration has paused approval of roughly $200 million in SBA-guaranteed loans per day since the agency was furloughed on Dec. 22, according to the Washington Post.

WaPo: Furlough of SBA affects over $200M in loans for small...

PROVIDENCE – The partial federal shutdown has paused approvals of new U.S. Small Business Administration-backed loans, the Washington Post reported Friday.The Post said that...
MARK S. HAYWARD, the Rhode Island district director of the U.S. Small Business Administration, said the SBA is celebrating National Veterans Small Business Week with a series of free seminars around the state this week. / PBN FILE PHOTO/TRACY JENKINS

SBA hosts free small-business seminars all week

PROVIDENCE – The U.S. Small Business Administration is hosting a series of small-business seminars around Rhode Island this week to celebrate National Veterans Small...
HARBORONE BANK of Warwick was among six banks and business finance firms honored as exemplary lenders for small business in a recent ceremony by the U.S. Small Business Administration. Shown above are (left to right) SBA Regional Administrator Wendell Davis, HarborOne Bank Vice President Joseph Hindle, and SBA Regional Director Mark Hayward. / COURTESY/U.S. SMALL BUSINESS ADMINISTRATION

SBA honors R.I. small-business lenders of the year

LINCOLN – Four banks and two business finance firms in Rhode Island were honored as exemplary lenders to small businesses by the U.S. Small...
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