Newtek Small Business Finance Closed or Funded Approximately $1.0 Billion of Paycheck Protection Program (PPP) Loans To Date
NewtekOne, Inc. (NEWT)
Last newtekone, inc. earnings: 11/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.newtekbusinessservices.com
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Source: GlobeNewswire
BOCA RATON, Fla., June 02, 2020 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Small Business Finance, LLC (“NSBF”), the Company’s nationally licensed lender under the U.S. Small Business Administration (“SBA”) Section 7(a) Program, closed or funded approximately $1.0 billion of Paycheck Protection Program (“PPP”) loans of its total $1.15 billion of PPP loans with SBA loan (E-Tran) numbers to date. NSBF estimates that upwards of 130,000 employees could be retained by NSBF’s PPP borrowers if NSBF’s total potential funding of $1.15 billion of PPP loans is reached. NSBF estimates it will fund in whole or part of its remaining $150 million of PPP loans with SBA loan (E-Tran) numbers. The PPP program is still ongoing and NSBF is still accepting PPP loan applications as of the date of this release. As of Sunday, May 31, 2020, there was in excess of $100 billion of SBA 7(a) approp
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News
- NewtekOne, Inc. CEO, Barry Sloane, to Attend the B. Riley Securities 24th Institutional Investor Conference May 22-23, 2024GlobeNewswire
- NewtekOne, Inc. to Report First Quarter 2024 Financial Results on Monday, May 6, 2024 After the Market ClosesGlobeNewswire
- CORRECTING and REPLACING NewtekOne, Inc. News ReleaseGlobeNewswire
- NewtekOne, Inc. Announces Loan Closings for the First Quarter 2024GlobeNewswire
- NewtekOne, Inc. Promotes Frank M. DeMaria to Chief Accounting OfficerGlobeNewswire
NEWT
Earnings
- 3/5/24 - Miss
NEWT
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 144
- 4/19/24 - Form PRE
- NEWT's page on the SEC website