Category Archives: SBA Loans

Lastest SBA Loans News

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NJ Small Businesses Receive 5 Million in SBA Loan Support
(SOURCE: SBA) NEWARK, NJ—The U.S. Small Business Administration supported $ 605 million in loans to New Jersey small business owners during the agency's fiscal year 2012 (the period from Oct. 1, 2011 thru Sept. 30, 2012). It was the third largest …
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SBA Loan Volume Sets Record in Michigan
DETROIT — The Michigan District Office of the United States Small Business Administration last week announced that 2,075 loans for a total of $ 944 million were made in fiscal 2012. Although the total number of loans decreased from fiscal 2011, the …
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Wells Fargo tops rivals in SBA loans in Washington, US
2 in Washington behind Bank of America based on deposit market share, said it approved $ 34.9 million in Small Business Administration (SBA) loans between Oct. 1, 2011, and Sept. 30, 2012, making it the state's No. 1 SBA 7(a) lender in dollars for that …
Read more on Bizjournals.com (blog)

SBA loans available to victims of fire in Cheltenham Twp.

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SBA loans available to victims of fire in Cheltenham Twp.
SBA's customer service representatives are on hand at the Disaster Loan Outreach Center to answer questions about the disaster loan program, clarify the process, issue and help individuals complete applications. The center is located at Montgomery …
Read more on Philadelphia Inquirer (blog)

SBA posts increase in export lending in fiscal 2012
SBA lenders approved more than $ 923 million in loans to exporters for the fiscal year finished Sept. 30, 2012. SBA revamped its International Trade Loan, which allows small manufacturers to use the money to expand their facilities or buy equipment to …
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Michigan SBA chief to address Muskegon chamber breakfast Friday on financing …
The speaker will be Gerald Moore, the district manager of the U.S. Small Business Administration in Michigan. Moore comes to speak to the Muskegon business group as the financial clamps caused by the Fantastic Recession seem to be easing for businesses …
Read more on Michigan Business Review – MLive.com

SBA loans dip in Tampa Bay in FY 2012

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SBA loans dip in Tampa Bay in FY 2012
Across the United States, the SBA's loan program posted the second-largest dollar volume ever in FY 2012, supporting $ 30.25 billion in loans to small businesses. The prior year, fiscal 2011, there were $ 30.5 billion in SBA loans nationwide, a record …
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SBA loans hit record billion in Illinois
Lending backed by the U.S. Small Business Administration was up more than 2 percent in Illinois even though the number of loans was down nearly 9 percent from the previous year's record pace. That meant the average SBA-backed loan in Illinois grew 12 …
Read more on Crain’s Chicago Business