Tag Archives: SBA

SBA Opens Disaster Loan Outreach Centers in Nicholas and Webster Counties …

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SBA Opens Disaster Loan Outreach Centers in Nicholas and Webster Counties …
ATLANTA, March 1, 2013 /PRNewswire-USNewswire/ — The U.S. Small Business Administration announced today the opening of two Disaster Loan Outreach Centers (DLOCs) in Nicholas and Webster counties in West Virginia. The centers will provide …
Read more on SYS-CON Media (press release)

5 Resources for Starting Your Business in March
The SBA is a government agency specifically geared towards assisting small businesses, entrepreneurs, and startups. The SBA runs a special loan program that guarantees small business loans made through banks, credit unions, and other lenders.
Read more on Resource Nation (blog)

Cochran co-sponsors bill streamlining SBA's response time
The bill would clarify that, for SBA disaster business loans less than $ 200,000, the SBA cannot use a business owner's primary residence as collateral if there are other suitable business assets available to use as collateral towards securing the loan.
Read more on Mississippi Business Journal (blog)

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

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