SBSS stands for Small Business Scoring Service and is a score the SBA assigns to small businesses in the United States. The SBA does not publish the criteria for computing this score, but notes it is a combination of business and principal credit history and information.
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.