California bank entering the Houston market with loan office

California bank entering the Houston market with loan office
That means the 14th most-active Small Business Administration lender in the U.S. is entering the Houston market. As of the fiscal year 2012, Seacoast has made 205 SBA loans and had a yucky approval amount of $ 135 million, according to the U.S. Small …
Read more on Houston Business Journal (blog)

WOJTOWICZ: Prepare, then apply for small-business loan
Among government-helped alternative programs, the U.S. Small Business Administration supported 1.3 million 504 and 7(a) loans in the first quarter of fiscal year 2013, an increase of 11 percent over the previous year. The average amount of those SBA …
Read more on Indianapolis Business Journal

Yadkin Valley reorganizes underwriting departments
A second unit, which specializes in underwriting small business loans (loans under $ 250,000, including SBA loans), is located in Monroe and will be called the bank's Small Business Banking Center. Yadkin Valley operates under the American Community …
Read more on Charlotte Business Journal (blog)

Mortgage Interest Rates at PNC Bank Easy to Beat

Mortgage Interest Rates at PNC Bank Simple to Beat
Mortgage Interest Rates at PNC Bank Today 30 year FRM interest rates can be had for 4.000% at PNC Bank (NYSE:PNC) and APR of 4.025%. Other large banks are quoting rates a full half point lower although rates in general are up the past week. 15 year …
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Mortgage Rate Summary for Suntrust, GMAC and PHH
Standard 30 year fixed rate loan interest rates at Suntrust Banks (NYSE:STI) are listed at 3.400% and APR of 3.538%. 30 year FHA FRM interest rates start at 3.300% carrying an APR of 4.293%. The shorter term, well loved 15 year loan interest rates are …
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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 …
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