Posts

SBA Express Loans

   Find me a Lender   The SBA Express loan program is popular with borrowers and bankers due to an accelerated turnaround time for SBA review. The SBA… Read more »

SBA loan eligibility criteria & required docs

  All SBA loan borrowers want to know 1) will my loan request be approved and 2) what documents do I need to provide my SBA bank?… Read more »

PPP loan forgiveness calculator (revised 6/19/20)

]PPP forgiveness calculator – Long form 3580 (revised on 6/17/20 and again on 6/19/19 to correct formula error) – Excel. Instructions PPP forgiveness calculator – Short form… Read more »

SBA Loans Study – Funding likely adequate

The Small Business Administration (“SBA”) released updated results by state for the $659 billion SBA loan Payroll Protection Program(“PPP”) by state. We have just completed a study… Read more »

PPP SBA Loan Program Take 2

Banks, especially large ones, were highly criticized for prioritizing some customers over others with the initial “Phase 3” rollout of the Payroll Protection Program (“PPP”) loan program…. Read more »

Conclusions & predictions from $349 billion PPP SBA loan program

With the Protection Payroll Program (PPP) out of funding and the SBA releasing data on $342 billion of loans, a mosaic is starting to emerge of the… Read more »

Rising Stars in SBA lending

Each year there are over 1,000 SBA banks who originate SBA 7(a) loans. However, there are only 8 who have grown their dollar loan volume each of… Read more »

SBA CARES Act Payroll Protection Program (PPP) loan money has run out

[addtoany] Update: With the Round 2 supplemental allocation of $310 billion, we believe the PPP program will likely not need a third round of funding. See our… Read more »

$349B doesn’t buy what it used to

Jovita Carranza, Secretary of the SBA, was tweeting on April 3rd 13,669 loans totally $4.3 billion dollars under the SBA CARES Act/PPP 7(a) program went to the… Read more »

Activation Status of Paycheck Protection Programs (PPP) at SBA Banks

[addtoany] Have a update for a bank to our list of active PPP programs or a data change? Please let us know so we can share.