Saturday, May 19th, 2012

The SBA announced today that over the last two years their Patriot Express Pilot Loan Program has backed more than $310 million in loans lent out to nearly 4,000 veterans. These vets are using the SBA-guaranteed loans to start-up and expand small businesses.  As a result of the American Recovery and Reinvestment Act, which raised [...]

In four short months the SBA’s loan program for disabled vets has made more than 500 loans (SBA guaranteed loans) totaling more than $51 million and an average loam amount of over $100,000. Patriot Express is a streamlined loan product based on the agency’s highly successful SBA Express Program, but with enhanced guaranty and interest [...]