SBA Loan Q&A with Sherry Waner

First Southwest Bank • March 26, 2020


The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). 

First Southwest Bank is a SBA Preferred Lender, what does it mean to be a SBA Preferred Lender?
The SBA Preferred Lenders Program means a lender has been granted the authority to make a final credit decision, without involving the SBA. For a borrower this significantly simplifies, streamlines and expedites the loan process.
 
FSWB is a SBA Express Lender, what does it mean to offer SBA Express Loans?
SBA Express loans are designed to require limited documentation with quick approval.

Are there a lot of SBA Lenders in Colorado?
While the info is dated, Colorado SBA Loan providers financed 1,505 businesses in 2015, First Southwest Bank is proud to be listed as a top 20 SBA 7(a) Lender that year.
 
How do I contact someone about a SBA Loan?
You can email sba@fswb.com, that account is regularly monitored by FSWB Staff.

Sherry Waner oversees all SBA Lending Activites at First Southwest Bank.