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… able to secure thanks to a $75,000 SBA Community Advantage Loan and Microloan for $15,000 from the Regional Business … to an SBA Paycheck Protection Program First & Second Draw loan, Finnick persevered. While COVID-19 initially presented …
… Lender of the Year (Small) – Midwest Regional Bank 2024 504 CDC of the Year (Large) – B:Side Capital, Denver, CO 2024 504 CDC of the Year (Small) – Preferred Lending Partners, …
… forgivable loans, as well as an Economic Injury Disaster Loan to support their recovery process. This funding allowed … but also assist the business with expansion through the 504 loan program. … How Vanished Valley Brewing Co. Survived the …
… citing that SBA’s flagship program, the 7(a) business loan guarantee program, may be at risk of exceeding its … grew his construction supply company with the help of a 504 loan from SBA. I relate to entrepreneurs like Ron because I …
… had obtained an SBA Paycheck Protection Program (PPP) loan during the pandemic, attended SBA training events over … active SBA lender in the region, and obtained an SBA 7(a) loan. And he appreciates the SBA's assistance in enabling a …
… Fund and took out an EIDL (Economic Injury Disaster Loan) which they paid back as soon as they realized they … restaurant venture). When his wife applied for a 7(a) loan for Cyrano’s, SBA and his lender stressed the need for a …
… out and quickly connected with an Entrepreneur Fund loan officer. Together they all worked virtually and at record pace to secure financing through an SBA 7a loan in time for the original closing date during the … The business also used the SBA’s Economic Injury Disaster Loan, the EIDL Advance and Paycheck Protection Program funds …
… businesses has increased 70% since 2020 , with total loan dollars exceeding $5 billion in 2023 alone. SBA loan programs , including 7(a) and 504 , have fueled these figures. Both programs provide …
… amended the SVOG program so entities that apply for a PPP loan after Dec. 27, 2020, can also apply for an SVOG, with the eligible entity’s SVOG to be reduced by the PPP loan amount. The PPP loan applications have been updated to reflect this. As the …
… to adversity. The business received a SBA 7(a) guaranteed loan from Trustmark Bank in 2011 to obtain more favorable … their business under the Paycheck Protection Program (PPP Loan), Economic Injury Disaster Loan (EIDL) and EIDL Advance to sustain the business due to a …
… a consumer report such as a consumer’s accounts for a car loan, mortgage loan, or credit card. With all the enormous amounts of data … tier , making them more likely to be offered a lower auto loan interest rate. So how do you order your personal credit …
… Development Corporation (GSDC) to obtain the construction loan they needed. “Without the SBA loan for construction, we would not have been able to start … project and during the pandemic, the business received SBA loan forgiveness payments for several months. In addition, …
… for working capital or any business-related expense. WCCED Loan Officer April Cacia said these loans are designed to … Kostyzak is one of her best clients. Kostyzak used the loan proceeds to add inventory in an industry boasting global …
… that benefitted from a Paycheck Protection Program (PPP) loan. Administrator Guzman met with Andrea Vigil, COO of … able to utilize two PPP loans, an Economic Injury Disaster Loan (EIDL), and skills learned through the SBA’s Emerging …
… However, when you decide to go “rate shopping” for an auto loan or mortgage there is a built-in allowance for interest … credit scoring models treat multiple inquiries for an auto loan or mortgage within a 30-day window as a single hard … lenders and/or card issuers that you currently have a loan or line of credit with. This is typical during account …
… young children. Claire turned to her bank for a business loan to help with unforeseen construction expenses but was … point for Claire’s business, she used the microloan loan for business expansion and working capital that helped … Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds to keep her entire staff on payroll, while …
… the USDA and Dyess Air Force Base. By using the SBA’s 504 loan program Geneco Technologies was able to construct a … company. Geneco Technologies LLC farther used the 7(a) loan programs to purchase needed equipment and expand its …
… he graduated, Berke and wife Cailin obtained an SBA 7(a) loan from Ledyard Bank to purchase ‘Lou’s Restaurant & Bakery.’ Berke utilized the loan to purchase equipment and inventory. As a second phase, … Berke acquired the business real estate using an SBA 504 loan with the help of their lender and Granite State …