If you receive an SBA 7(a) loan through NEWITY, NEWITY will service your loan. You will be able to set up automated payments, check loan balances and manage your account all within your NEWITY account.
NEWITY LLC and its affiliates are not lenders participating in the SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in the SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in the SBA’s 7(a) loan program.