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MAY
18

Hospitality - Real Estate Purchase - North Carolina

Hospitality - Real Estate Purchase - North Carolina
Use of Proceeds: Purchase real estate Industry: Hospitality Loan Amount: $1,326,000 SBA 7(a) State: North Carolina
MAY
18

Agriculture - Purchase Land/Improvements - California

Agriculture - Purchase Land/Improvements - California
Use of Proceeds: Purchase land and improvements. Industry: Agriculture Loan Amount: $1,600,000 SBA 7(a) Import/Export State: California  
MAY
18

Education - Ground-Up Construction - Louisiana

Education - Ground-Up Construction - Louisiana
Use of Proceeds: Ground-Up Construction Industry: Education Loan Amount: $1,762,000 SBA 7(a) State: Louisiana
MAY
18

Payroll Services Provider - Business Acquisition - Pennsylvania

Payroll Services Provider - Business Acquisition - Pennsylvania
Use of Proceeds: Business Acquisition Industry: Payroll Services Provider Loan Amount: $508,500 SBA 7(a) State: Pennsylvania
MAY
18

Purchase Land/Improvements - Assisted Living - California

Purchase Land/Improvements - Assisted Living - California
Use of Proceeds: Purchase land and improvements Industry: Assisted Living Loan Amount: $2,040,000 SBA 7(a) State: California
MAR
03

Celtic Bank Named 2nd Largest SBA Lender in Georgia!

Celtic Bank Named 2nd Largest SBA Lender in Georgia!
Panama City Beach, FL (March 2, 2015) —  Celtic Bank is pleased to announce that the SBA Georgia District Office named Celtic Bank as the 2nd largest SBA 7(a) lender based on the number of loans closed.  During the first quarter of FY2015,which runs October 1, 2014 through January 31, 2015, Celtic Bank closed 36 SBA 7(a) loans in Georgia.
MAR
01

Dallas/Fort Worth SBA Lender's Report - February 2015

Dallas/Fort Worth SBA Lender's Report - February 2015
  Salt Lake City, UT (March 10, 2015) —  Celtic Bank is pleased to announce that the SBA Dallas/Fort Worth District Office released their February 2015 Lender’s Report showing Celtic Bank is up 196.53% in dollar volume after the first 5 months of FY 2015 compared to FYE  2014.  Celtic Bank originated $7,960,300 in SBA loans during the first five months of FY 2015 (October 1, 2014 through February 28, 2015) compared to $2,684,500 in SBA loans originated during FYE 2014.
DEC
17

Complete SBA Loan Guide

Complete SBA Loan Guide
Small business lending has never looked so good, which is great both for small business owners and our local economy. In fact, by the end of the 2014 Fiscal year (Sept 30) the Small Business Associations 7(a) Loan Program has approved over fifty-two thousand loans for nearly 20 billion dollars (that is a 12 percent increase from the 2013 fiscal year). What does this mean? Now is most certainly the time to look into your borrowing options, as in previous years SBA lending saw decreases. Small Business loans can be a treacherous territory to navigate, so we have prepared a brief guide to help you understand what an SBA loan is, the benefits and your best options for getting one! What is an SBA Loan ? First, the SBA does not lend money. A lot of people think the SBA provides grants to small business owners, but that is not true. The SBA is a government guarantee program that issues guarantees to decrease the risk to the bank when lending to small businesses. Available SBA Loans   There are several lending options open to businesses, each suited for different needs. The 7(a) loan program is great for small businesses looking for...
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