First Federal Bank Blog

First Federal Bank is committed to supporting our small business customers during these challenging times. We know now is the right time to secure long-term financing for a stable financial future for your business. Here at First Federal we want to help through using Government Guaranteed Loans, with long term financing options and low fixed...

We finally have our first glimpse of Congress’s Keeping Workers Paid and Employed Act. What an unusual time to be in SBA lending! I hope that this will pass and become law in the next two to three weeks. Here are the highlights:

I know many of you have had SBA 7a customers calling and asking for loan deferments. Below is a guide of how to document your loan file.

There are many SBA developments amid the Coronavirus outbreak and several changes are being made to the SBA loan program. As changes continue to unfold, I will keep you informed.