Stifel Financial received final federal approval for its Stifel North Atlantic AM-Forward Fund, which is designed to provide capital to small- and mid-sized American manufacturers in the aerospace and defense industries. read more

OCT 24, 2024 - 6:10 am

According to a survey from Balboa Capital that asked small business owners about their Small Business Administration (SBA) loan borrowing practices and volumes in 2022, 31.25% of small business owners applied for SBA loans in 2022 and 61.9% of SBA loan requests were approved. read more

JAN 19, 2023 - 6:56 am

The U.S. Small Business Administration extended the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 pandemic disaster declaration to Dec. 31, 2021. The deadline extension comes as a result of the recent COVID-19 relief bill. read more

JAN 4, 2021 - 6:54 am

The U.S. Small Business Administration provided fiscal year 2020 summary loan data, reporting that loans guaranteed through traditional SBA lending programs exceeded $28 billion while the Paycheck Protection Program provided an additional $525 million. read more

NOV 5, 2020 - 7:10 am

The Small Business Administration (SBA) 504 Loan Program completed its largest monthly funding of loans in the program's 34-year history, including 1,462 loans for nearly $1.3 million — more than double the previous record set in September 2012. read more

SEP 21, 2020 - 5:30 am

The Treasury Department and Small Business Administration released a loan forgiveness application form for the Paycheck Protection Program, but the AICPA said it fails to address outstanding issues and does not provide enough flexibility for those who receive funds. read more

MAY 18, 2020 - 6:55 am

Amur Equipment Finance has been approved by the U.S. Small Business Administration to serve as a lender under the Paycheck Protection Program. read more

MAY 13, 2020 - 7:00 am

FNB Corporation has processed more than 18,000 SBA PPP loans, representing approximately $2.6 billion in direct relief to small businesses. read more

MAY 8, 2020 - 6:25 am

The Small Business Administration will provide up to $2 million in disaster recovery loans to companies severely affected by the Coronavirus. read more

MAR 20, 2020 - 6:32 am

Greg Gala joined First Internet Bank’s Small Business Administration (SBA) Lending team as vice president, senior business development officer. read more

JAN 17, 2020 - 6:40 am

For the second year in a row, Huntington Bank ranked as the nation's largest originator by volume of SBA 7(a) loans based on figures at the close of SBA fiscal year 2019 read more

OCT 7, 2019 - 6:15 am

Seacoast Commerce Bank hired Jay Jung as senior vice president and Small Business Administration business development officer in Dallas. read more

AUG 28, 2018 - 7:00 am

Huntington Bank expanded its Small Business Administration (SBA) 7(a) lending in fiscal Q2/18, with a 27% increase in loan originations and a 32% increase in dollars lent. read more

JUN 8, 2018 - 7:28 am

Dime Community Bank has been approved as a SBA lender and will offer loans under the SBA 7(a) program. read more

AUG 14, 2017 - 7:18 am

Trinity Capital Investment launched a third fund, Trinity Capital Investment Fund III, which is expected to provide $600 million of additional capital. read more

SEP 29, 2016 - 7:38 am