Category: SBA Loans

Source: Small Business Administration, Delaware District Office 7A Program All FY 2019 Approvals Borrower: Birddogs Inc Lender: Key Bank National Association Gross Approval: $700,000 Type of Business: Clothing Retailer Borrower: Aphrodite’s Oysters, Inc. Lender: First State Community Loan Fund Gross Approval: $100,000 Type of Business: Jewlery Manufacturer Borrower: Desch Brothers Rehoboth LLC Lender: Howard Bank…

7A Program All FY 2019 Approvals Borrower: Loyal Lab Inc., Newark Lender: Stearns Bank National Association Gross Approval: $150,000 SBA Guarantee: $127,500 1st Disbursement: N/A Type of Loan: Preferred Lender Program Type of Business: Limited Service Restaurant; Frutta Bowls Jobs Supported: 34 Borrower: The Alias Group LLC, Newark Lender: M&T Trust Company Gross Approval: $520,000…

7A Program – All FY 2019 Approvals Borrower: Planet Ten Multimedia, Wilmington Lender: M&T Bank Gross Approval: $30,000 SBA Guarantee: $15,000 1st Disbursement: Nov. 30, 2018 Type of Loan: SBA Express Type of Business: Motion Picture and Video Production Projected Jobs: 2 Borrower: Magnolia Services, Magnolia Lender: M&T Bank Gross Approval: $190,800 SBA Guarantee: $95,400 1st…