The popular SBA 7a loan program, which was suspended last week after reaching its $18.75 billion limit for the year, has been renewed. The U.S. House of Representatives approved a bill lifting the SBA ...
BayFirst Financial Corp (BAFN) exits SBA 7A lending to focus on community banking amid significant quarterly losses.
ST. PETERSBURG, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced ...
SBA 7(a) and 504 loans can be used for real estate projects, while 7(a) loan funds can also be used for other purposes. Many, or all, of the products featured on this page are from our advertising ...
Dozens of small business owners in San Antonio took advantage of SBA 7(a) loans in 2022, with over $100 million in loans approved last fiscal year. The Small Business Administration's 7(a) loan ...
EVANSVILLE, Ind., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Old National Bank has achieved the number one Indiana-based lender ranking and the number two overall lender ranking in the state of Indiana ...
Sources: U.S. Small Business Administration; SBA Eastern Pennsylvania District Office Loan Volume Report Report Fiscal Year 2020 (Oct. 1, 2019 through Sept. 30, 2020); SBA New Jersey District Office ...
Calling it “historic progress,” the U.S. Small Business Administration announced it has doubled lending to Black businesses nationwide in multiple categories. SBA Administrator Isabel Casillas Guzman ...
For years, raising capital has been a struggle for Black businesses that often need the funds to scale up. A vast number of those entrepreneurs list overcoming hurdles to gain financing among their ...
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