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The website says the number is only for tax purposes, but the good news is that many lenders will accept an ITIN in place of an SSN. More good news is that the government does not use ITIN to ...
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There are estimated to be over 33 million small businesses in the U.S. (U.S. Small Business Administration)Over 61 million, or about 46.4 percent of private sector employees, are employed by small ...
The ITIN program was created in 1996 for the purpose of allowing tax return filing by individuals without a Social Security number. Receiving an ITIN number does not in itself confer the right to work and receive income in the United States. [4] ITINs are also used by real estate brokers to facilitate mortgages for unauthorized aliens. [5]
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Founded in 2008 by James S. (Chip) Mahan III, Live Oak initially focused on lending to niche industries such as veterinarians and dentists. [5] Today, the bank lends to more than 35 specialized industries in all 50 states and has more than a dozen general lenders in markets across the country that directly serve small business owners. [6]
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