The SBA received $730 million in the American Recovery and Reinvestment Act (ARRA) to help unlock the small business lending market and get capital flowing again to America’s small businesses.
With that money, SBA has supported more than $26 Billion in Recovery Loans to Small Businesses.
More detail can be found at http://www.sba.gov/idc/groups/public/documents/sba_homepage/sba_rcvry_aara_imp_factsheet.pdf
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About Me
- Jim Ely the sbapro
- Jim Ely has been doing SBA loans since 1984 when he began working at Stultz Financial.
Index to what's here
- Current rates (125)
- SBA loan basics for borrowers (13)
- SBA weekly lending update (124)
- self-storage (7)
- tip of the week (240)
Questions?
Loan Application
To apply for a SBA loan, you will need to provide:
1) Your personal financial statement
2) Your business and personal tax returns last three years
3) A current balance sheet and income statement for your business
That's enough to let you know if you are pre-qualified for a SBA loan.
1) Your personal financial statement
2) Your business and personal tax returns last three years
3) A current balance sheet and income statement for your business
That's enough to let you know if you are pre-qualified for a SBA loan.
We are paid by the lender!
Blog Archive
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2010
(140)
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May
(12)
- SBA Reactivates Recovery Loan Queue as Funding Is ...
- SBA 7(a) Weekly Lending Update
- SBA Rate Update
- FDIC Quarterly Banking Profile
- Bump in the Road for Commercial Real Estate Values
- The SBA and fugacious
- SBA Lending is the ONLY Government Program That Works
- SBA Rate Update
- SBA Rate Update
- Why did the unemployment rate rise?
- How the SBA turned $730 million into $26 billion
- The SBA and wieldy
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May
(12)