Business owners with in-process loans can take certain steps to help themselves as the agency tries to clear its backlog.
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Lenders with PLP status may process, close and service Small Business Administration loans without direct SBA review of each ...
Requirements vary by lender, but typically, business owners need to provide two to three years of business returns, along ...
The SBA Preferred Lender Program grants select financial institutions increased authority to approve, close, and service SBA-guaranteed loans. This designation streamlines the lending process, ...
Fort Lauderdale, Florida--(Newsfile Corp. - February 18, 2025) - OptimumBank (OPHC) proudly announces that it has been designated as a Preferred Lender under the U.S. Small Business Administration ...
The largest SBA loan recipients in Charlotte received or were approved for loans through the Small Business Administration's 7(a) or 504 programs from April 1 to June 30, 2025. The Charlotte Business ...
SEATTLE--(BUSINESS WIRE)-- WaFd, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), today announced that it has been designated as a Preferred Lender with ...
The largest SBA loan recipients in Charlotte received or were approved for loans through the Small Business Administration's 7(a) or 504 programs from Jan. 1 to March 31, 2025. The Charlotte Business ...
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