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Last annual update:     Find me a lender Rhode Island-based banks were among the largest lenders to “The Ocean State” businesses through the U.S. Small Business… Read more »

Arguably no industries have been more negatively impacted from Covid than lodging and food services. Congress recognized this and any business with North American Industry Classification System… Read more »

On January 8th the Small Business Administration (SBA) released various applications related to Round 2 of the Payroll Protection Program (PPP2) loans that commenced with community lenders… Read more »

FAQs related to Economic Aid Payroll Protection Program (PPP) loans The program runs from January 11, 2021 to March 31, 2021. However, we believe the $284 billion… Read more »

As we predicted last week, the U. S. Small Business Administration (SBA) announced on January 8th that the Paycheck Protection Program (PPP) will re-open to applicants the… Read more »

SbaLenders.com reviewed the current Economic Aid relief bill enacted into law on December 27th, 2020. By analyzing data from the Small Business Administration’s Payroll Protection Program (“PPP”),… Read more »

We believe the recently passed $284B in new PPP funding will run out in two weeks or less (assuming the SBA can scale eTrans to that throughput… Read more »

In the era of Covid, banks have clearly altered their sentiments to a variety of industries for SBA loans such as restaurants and hotels, which we have… Read more »

To ascertain the impact that Covid has had on lending to small businesses in America, we analyzed SBA loan data provided to us by the Small Business… Read more »

Now that we are six months post-Covid outbreak in the U.S., trends are starting to emerge regarding SBA lending. Here are our observations after seeing hundreds of… Read more »