Category Archives: SBA Loans

Improve Protection Of Home Or Business With SBA Loan

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Improve Protection Of Home Or Business With SBA Loan
TRENTON, N.J. — New Jerseyans may use low-interest disaster loans from the Small Business Administration http://sba.gov/ to better protect their home or business structures from future disasters. Home and business owners can choose to borrow up to an …
Read more on Newsroom America

Issuer of Hurricane Sandy disaster loans moves office to Bergen County Plaza
The SBA issues disaster loans with interest rates as low as 1.688 for homeowners and renters, 4 percent for business loans for physical and economic losses and 3 percent for nonprofits, with terms up to 30 years. Loan amounts and terms vary by applicant.
Read more on NJ.com

Lastest SBA Loans News

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SBA's Deadline for Those in Somerset County Affected by Hurricane Sandy To …
17, 2013 /PRNewswire-USNewswire/ — The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations in Somerset County, Maryland of the deadline to submit disaster loan applications for hurts caused by …
Read more on PR Newswire (press release)

Fifth Third Bank Extends More Than Billion in Credit to Business Customers
The company received the first United States Small Business Administration (SBA) CAPLines Program loan offered from Fifth Third Bank. This loan will help Electro Prime finance small-term and cyclical working capital needs. Electro Prime also secured an …
Read more on MarketWatch (press release)

SBA disaster loan deadline for private non-profits is Jan. 28
The U.S. Small Business Administration is reminding eligible private non-profit organizations in West Virginia of the Jan. 28 deadline to submit disaster loan applications for hurts caused by Hurricane Sandy. Examples of eligible non-critical PNP …
Read more on State Journal

Central Bank snags SBA star lender from rival

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Central Bank snags SBA star lender from rival
John Kimball started as Stillwater-based Central Bank's senior vice president in charge of SBA lending last week. He was previously senior vice president and SBA lending manager at Park Midway Bank. He had been with the St. Paul-based lender since …
Read more on Minneapolis / St. Paul Business Journal (blog)

Central Bank earns top status with SBA
When the numbers rolled in for 2012 about Small Business Administration-backed loans in El Paso County, no one at Central Bank & Trust was surprised that their bank ranked in the top echelon. The bank approved $ 11.3 million in SBA 7a loans — the most …
Read more on Colorado Springs Business Journal

SBA revokes loan authority for Folsom-based REsource Capital
The U.S. Small Business Administration has lowered the boom on REsource Capital Inc., the Folsom-based real estate financing entity. On Monday, SBA handed down a choice permanently revoking the lender's 504 loan program authority and went to …
Read more on Sacramento Bee

More Than Million In Loans Provided To Just 19 Local Businesses For Sandy …
From the SBA, two loans were given out in 11229, totaling $ 311,400. Seven were approved in 11235, totaling $ 521,700. From the SBS, 10 loans have been approved in Sheepshead Bay totaling $ 250,000. SBS loans offered by the city max out at $ 25,000, but …
Read more on Sheepshead Bites