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Northeast Bank Sells $1.65B in Funded PPP Loans to Loan Source

Northeast Bank entered into a loan purchase and sale agreement with The Loan Source to sell all loans originated by the bank under the current round of the Small Business Administration’s Paycheck Protection Program.

National Loan Aggregator ACAP Partners With Biz2Credit to License PPP Forgiveness Platform

ACAP SME, an SBA-approved non-bank lender and national loan aggregator (purchaser) of Paycheck Protection Program (PPP) loans, in partnership with The Loan Source, ACAP’s servicing team, signed a deal to utilize Biz2Credit’s Biz2X PPP Forgiveness Platform.

Northeast Bank Sells $457.6MM in PPP Loans to The Loan Source

Northeast Bank entered into a loan purchase and sale agreement with The Loan Source and agreed to sell $457.6 million of loans originated by the bank in connection with the Small Business Administration’s Paycheck Protection Program.

June 26, 2020 ACAP SME | Northeast Bank | Rick Wayne | The Loan Source Phil Neuffer

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Tag Archives: ACAP SME

Northeast Bank Sells $1.65B in Funded PPP Loans to Loan Source

National Loan Aggregator ACAP Partners With Biz2Credit to License PPP Forgiveness Platform

Northeast Bank Sells $457.6MM in PPP Loans to The Loan Source