Tag Archives: Central

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

A $2M loan lifeline for Central Corridor businesses

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A M loan lifeline for Central Corridor businesses
The Pioneer Press reports on some of the Minneapolis and St. Paul businesses that have tapped the fund, which is one of several programs set up to help mitigate the hassles of construction. The loans are forgiven gradually and don't have to be paid …
Read more on Bizjournals.com

CMC Arranges Three Multifamily Loans for .5M
CMC also arranged a $ 16.5 million construction loan for a four-tale, 60-unit luxury apartment building planed for Sleepy Hollow, NY. The waterfront property will be part of the Hudson Harbor development project that includes upscale housing …
Read more on CoStar Group

Special loans aim to ease home logjam
The listed developer Supalai Plc has teamed with Kasikornbank (KBank) to offer special non-collateral loans to small and medium-sized contractors that face financial constraints, a go meant to prevent delays in housing construction. Atip: Some …
Read more on Bangkok Post