Home > News > Trending news > Facebook pledges $40M for small businesses, introduces new fundraising tools and digital gift cards

Facebook pledges $40M for small businesses, introduces new fundraising tools and digital gift cards

USA TODAY | April 03, 2020

Facebook announced Thursday new updates to its small-business grant program introduced on March 17, including $40 million in grants for small businesses. The grants will go to 10,000 U.S. small businesses in 34 locations that Facebook employees live and work. Those in New York and Seattle will be the first to receive funds starting next week. "In this challenging time, when information is changing daily, we are listening to and learning from scores of small businesses to understand what they need now and what they will need down the road," said Sheryl Sandberg, COO of Facebook, in a blog post. Facebook says it's also collaborating with small-business partner Ureeka to invest in eligible minority and women-owned businesses. Local businesses can go to facebook.com/grantsforbusiness to check their eligibility.

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What is an SBA Loan?

So what exactly is an SBA loan and how is it different from the traditional financing you would receive from a bank? There are a a few main reasons why SBA financing is the best option for small business owners. As the leading national, non-bank, direct commercial lender in the U.S.A, FountainheadCC specializes in helping owners of small to mid-size businesses finance their growth through our SBA 504, SBA 7(a), and low LTV conventional loan programs.


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EBLUXE HAIR, A SMALL BUSINESS WITH A BIG HEART

EBLUXE HAIR | December 20, 2022

The generosity of one small business has warmed the hearts of many. This holiday season EBLUXE HAIR held their first annual "Nominate a Family in Need" campaign and was able to give back over $1,000 to those within their community. The gratitude we received was priceless, This is something we want to continue in the future, and with the support of sponsors and donations we can have an even greater impact next year. owner Tee Johnson. It is such a good feeling to be able to give back," added Johnson's daughter Sierra. "I know there are individuals who are struggling; it is truly liberating to know that we were able to make their holiday better.We commend this small business owner for their generosity and applaud them for having a giving spirit. Their act of kindness is a reminder of what the holidays are all about. EBLUXE HAIR & EBLUXE CARES The mother-daughter duo behind EBLUXE HAIR continues to provide consumers with Hair Extensions that are like no other and are of the highest caliber. Their recently founded non-profit EBLUXE CARES, is a 501c3 whose mission is to empower teens and cancer thrivers (those living with cancer) to rediscover what it means to live, while learning to celebrate and accept oneself completely.

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MANAGEMENT

EBLUXE HAIR, A SMALL BUSINESS WITH A BIG HEART

EBLUXE HAIR | December 20, 2022

The generosity of one small business has warmed the hearts of many. This holiday season EBLUXE HAIR held their first annual "Nominate a Family in Need" campaign and was able to give back over $1,000 to those within their community. The gratitude we received was priceless, This is something we want to continue in the future, and with the support of sponsors and donations we can have an even greater impact next year. owner Tee Johnson. It is such a good feeling to be able to give back," added Johnson's daughter Sierra. "I know there are individuals who are struggling; it is truly liberating to know that we were able to make their holiday better.We commend this small business owner for their generosity and applaud them for having a giving spirit. Their act of kindness is a reminder of what the holidays are all about. EBLUXE HAIR & EBLUXE CARES The mother-daughter duo behind EBLUXE HAIR continues to provide consumers with Hair Extensions that are like no other and are of the highest caliber. Their recently founded non-profit EBLUXE CARES, is a 501c3 whose mission is to empower teens and cancer thrivers (those living with cancer) to rediscover what it means to live, while learning to celebrate and accept oneself completely.

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Spotlight

What is an SBA Loan?

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