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News Stories (15 Results) - Small Business Administration

Patriot National Bancorp announced the reorganization of the SBA team to strengthen its nationwide SBA Business Lending Unit platform. The Bank believes this will assist more Small Businesses in obtaining needed capital.Mr. Gary Griffin has been... view press release
February 22, 2021, 08:16 AM


The U.S. Small Business Administration announced Fiscal Year 2020 summary loan data of the financial assistance provided through traditional loan program lending as well as aid provided via the CARES Act. Loans guaranteed through traditional SBA... view press release
November 05, 2020, 07:55 AM


KeyBank continues its unwavering support of small businesses across the nation, ranking 11th nationally for the Small Business Administration's (SBA) FY 2019. KeyBank extended $311 million in approved 7(a) dollars over the course of the year. Since... view press release
October 11, 2019, 09:05 AM


LBC Small Cap SBIC, L.P., an affiliate of LBC Credit Partners, has received its first SBIC Fund License through the U.S. Small Business Administration. LBC Small Cap will originate, execute and manage senior secured, junior debt, structured equity... view press release
November 14, 2017, 08:00 AM


Westfield Bank has been recognized as the top 3rd party lender in Western Massachusetts in terms of dollars and volume for 2016, according to the Massachusetts District Office of the U.S. Small Business Administration (SBA). Westfield Bank was among... view press release
December 28, 2016, 07:00 AM


Bizfi , a premier fintech company with a platform that combines aggregation, funding and a marketplace for small businesses, announced they have originated more than $127 million in financing in the third quarter of 2016. The top sectors seeking... view press release
November 16, 2016, 07:34 AM


Texas Capital Bank announced that it has hired two senior bankers to expand its Small Business Administration lending across its regional markets.John Gannon will lead the Sales and Operations team and Clyde Thompson will take the role of credit... view press release
October 05, 2016, 07:11 AM


Main Street Capital Corporation announced that it has received a license from the U.S. Small Business Administration ("SBA") to operate a third Small Business Investment Company ("SBIC"). The third SBIC license provides Main Street with up to $125... view press release
August 09, 2016, 07:19 AM


Small business owners feeling the pressure of commercial mortgage debt and facing the specter of rising interest rates can get relief starting June 24 when a new refinance program is launched by the Small Business Administration (SBA) and provided by... view press release
May 27, 2016, 07:56 AM


Bizfi, a Fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses, announced it originated over $142 million in business financing in the fourth quarter of 2015 -- a record for any one... view press release
February 10, 2016, 08:07 AM


For the sixth straight year, Wells Fargo & Company is America’s top SBA lender in dollar volume, approving a record $1.6 billion in SBA 7(a) loans for small businesses in federal fiscal year 2014 (Oct. 1, 2013 – Sept. 30, 2014). The company increased... view press release
November 10, 2014, 07:17 AM


44 Business Capital recently assisted on a variety of deals this summer including an SBA loan for $1.9 million for MJF Materials of Lindenwold, NJ. This deal allowed the specialty trucking company to go green by purchasing ten new Compressed Natural... view press release
September 26, 2014, 07:43 AM


Garrison Capital Inc., a business development company, announced that the U.S. Small Business Administration ("SBA") has issued a "green light" letter inviting Garrison Capital Inc. to proceed with an application to obtain a license to form and... view press release
June 02, 2014, 07:27 AM


Celtic Bank is pleased to announce that Irwin Laroza has been hired as Vice President, Business Development in the SBA and Commercial Lending department. Laroza will report to Tom Green, Senior Vice President of Business Development at Celtic... view press release
December 27, 2013, 07:32 AM


Monroe Capital Corporation announced the receipt of a green light letter from the U.S. Small Business Administration ("SBA") inviting the company to continue its application process to obtain a license to form and operate a Small Business Investment... view press release
July 03, 2013, 07:54 AM