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Tag: SBA U.S. Small Business Administration

Indiana receives SBA grant for small businesses to increase product sales

Today, Indiana Governor Mike Braun announced the state has secured $765,000 in competitive grant funding from the U.S. Small Business Administration to help Indiana small businesses increase and expand their product sales.

FEMA approved $2.1M to Hoosiers within first week of Major Disaster Declaration

Today, Indiana Governor Mike Braun announced FEMA has approved more than $2.1 million to Hoosier families impacted by the August 2026 disaster.

One-stop shops for communities impacted by recent flooding now open

Indiana Governor Mike Braun announced that beginning today, September 2, 2026, multiple state and federal agencies will partner to host one‑stop shops in communities impacted by recent flooding events.

Texas man sentenced to 70 months for conspiracy to commit wire fraud

On May 27, 2026, Khalid Ahamad, 55 years old, of Little Elm, Texas, was sentenced after pleading guilty to conspiracy to commit wire fraud.
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Brightpoint Development Fund awarded grant to expand assistance for entrepreneurs

Brightpoint Development Fund has been awarded $20K from First Merchants Bank to strengthen and expand its technical assistance programs for underserved entrepreneurs in Northeast Indiana over the coming year.
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$2.5M loan boosts small business and community lending in Northeast Indiana

Brightpoint Development Fund recently closed a $2.5 million loan with MidWest America Federal Credit Union.
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Brightpoint Development Fund completes CDFI recertification

Brightpoint Development Fund recently completed the Community Development Financial Institution recertification process.

Brightpoint development fund receives $2 million equity equivalent investment

Brightpoint Development Fund has received a $2,000,000 Equity Equivalent Investment from Old National Bank to strengthen the organization’s CDFI lending capacity and further its mission of expanding access to affordable capital.

Fort Wayne woman ordered to repay funds from PPP Loan Fraud

Dashanae Hamlet-Davis of Fort Wayne, Indiana, was sentenced by United States District Court Chief Judge Holly A. Brady after pleading guilty to a federal felony for wire fraud.

Former IRS employee ordered to repay funds from PPP Loan Fraud

Rakita Davis of Fort Wayne, Indiana, was sentenced by United States District Court Chief Judge Holly A. Brady after pleading guilty to federal felonies for wire fraud.