Central Bank snags SBA star lender from rival

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 …
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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 …
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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 …
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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