Only 200 credit unions participate in the SBA's 7(a) loan program.
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The $338,447 Queens Cluster FCU is one of the smallest to be approved for 7(a) loans.
Court documents do not state why the credit union gave up fighting the ACUA's extensive order.
TALLADEGA, Ala. - Read CU Times' exclusive prison interview with former Alabama One member Danny Ray Butler.
While agencies disagree on the definition of a small financial institution, the NCUA's former chairman says $250M is a reasonable number.
The $270M Ohio credit union will offer MBLs, commercial RE loans, SBA loans and other products to local businesses.
For the second consecutive year, HarborOne Credit Union said it has received Massachusetts’ Credit Union Lender of the Year award from the SBA.
For its SBA lending efforts, Financial Resources Federal Credit Union was recently named the agency’s Breakthrough Lender in New Jersey for 2011.
Winslow Sargeant was confirmed as chief counsel for the SBA’s Office of Advocacy by the Senate on Monday.