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2. Federal Reserve to temporarily lift asset cap on Wells Fargo ...

   www.aol.com/news/federal-reserve-to-temporarily...

   The PPP cap hobbled the largest small business lender in the country. Wells Fargo has about 3 million small business clients and claims it loaned more money to small businesses than any other bank ...

3. Wells Fargo fires at least 100 employees who collected COVID ...

   www.aol.com/2020-10-15-wells-fargo-fires-at...

   The bank said the employees defrauded the Small Business Administration’s Economic Injury Disaster Loan program through “false representations."

4. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

5. How to get a business loan from a bank - AOL

   www.aol.com/finance/business-loan-bank-192210975...

   Some of the best bank lenders to work with when applying for a small business bank loan are: Bank of America. Wells Fargo. PNC Bank. TD Bank. Live Oak Bank. 6. Meet the requirements and prepare ...

6. U.S. federal government response to the COVID-19 pandemic

   en.wikipedia.org/wiki/U.S._federal_government...

   After initially failing to pass in the Senate on March 22 and 23, [218] the $1.4 trillion CARES Act [a] was revised in the Senate, coming to $2 trillion, including $500 billion for loans to larger businesses such as airlines, $350 billion for small business loans, $250 billion for individuals (sent in $1,200 checks to individuals making less ...

7. Alternatives to short-term business loans - AOL

   www.aol.com/finance/alternatives-short-term...

   Bankrate insight. The SBA’s weekly lending report shows that for the 2023 fiscal year:. The SBA approved 57,362 7(a) loans vs. 5,924 504 loans.. The average loan size is $479,685 for the SBA 7(a ...

8. Kabbage - Wikipedia

   en.wikipedia.org/wiki/Kabbage

   Kabbage publicly launched and began providing loans in May 2011. [4] In 2012, it opened its San Francisco office and subsequently raised US$30 million in Series C financing. [ 5 ] [ 6 ] Beginning in February 2013, the company expanded internationally, entering the United Kingdom [ 7 ] and raising further debt financing . [ 8 ]

9. SBA loan statistics: Top SBA lenders by state - AOL

   www.aol.com/finance/sba-loan-statistics-top-sba...

   Exos Small Business Lending LLC ($5 million) Wells Fargo Bank ($4.77 million) ... With SBA loans, the Small Business Administration guarantees part of the loan, which means that it will pay back ...