SBA Buffalo District Newsletter - November 2020 Edition

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Buffalo District Office  - NOVEMBER 2020

u s small business administration

From the Director's Desk


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Small Business Saturday 2020

Join us in support of the eleventh annual Small Business Saturday on Saturday, November 28, 2020!

Founded by American Express in 2010 and officially cosponsored by SBA since 2011, Small Business Saturday has become an important part of how many small businesses launch their busiest shopping season. According to American Express’s Small Business Saturday Consumer Insights Survey, 70% of consumers are now aware of the Small Business Saturday initiative.

This year, we know that small businesses need our support now more than ever as they navigate, retool and pivot from the effects of the coronavirus pandemic. Celebrated each year on the Saturday after Thanksgiving, Small Business Saturday allows consumers to make an impact in their neighborhoods by supporting local small businesses.

Cosponsorship Authorization #21-2050-02. SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis.


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Manufacturing Success with Help of SBA 504 Loan

Veteran-owned business turns to SBA for PPP assistance and successfully obtains loan 

For Elite Turning & Manufacturing Corporation owner Paul Pettrone, the difference between success and failure was not being afraid to ask for help.

From its humble beginnings in 2012, Paul and his son Anthony started the manufacturing company from the ground up in borrowed space. With only one working machine, Paul and his son begin constructing components. Later, after serving in the military as a Marine, Paul’s other son Joseph joined the company to help it grow into the business it is today.

As the business quickly advanced, Paul and his sons realized they had outgrown their space.  Paul was able to secure funds for expansion through reaching out to the U.S. Small  Business Administration where he learned about the SBA’s 504 loan program; this program helps entrepreneurs  obtain financing for...read full story here.


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National Entrepreneurship Month

November is National Entrepreneurship Month! SBA has mentoring, training, counseling, federal contracting, capital access, and other programs to help you start, grow, expand, or recover your small business → Visit our Calendar of Events


Follow us on Twitter @SBA_Buffalo

Happy Thanksgiving

 

Happy Thanksgiving from ALL of us at the SBA!

Veterans Day, November 11, 2020

 

Thank you, Veterans!


Veterans, thank you for your service. The SBA offers support as you enter the world of business ownership → click here.

Blog: Holiday Season Preparation Tips

Holiday Season Preparation Tips

Top 3 small business holiday marketing tips for 2020 → learn more here.


The U.S. Small Business Administration makes the American dream of business ownership a reality for millions of Americans.  As the only go-to resource and voice for small business backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster.  The SBA delivers services through an extensive network of field offices, located throughout ten different regions of the country