News

While it may make sense that smaller businesses are seeking lower loan amounts, borrowing small doesn’t always translate to ...
There’s been a sea of change at the agency, including more fees for borrowers and tighter underwriting standards.
The loan-underwriting changes are one among many SBA leadership has rolled out since President Donald Trump's inauguration in ...
The U.S. Small Business Administration (SBA) has announced significant policy changes to the 7(a) loan program, reversing ...
The Altadena disaster relief small business loan program, launched Monday by Los Angeles County Board of Supervisors Chair Kathryn Barger and the Los Angeles County Development Authority, promises up ...
The new standards will kick in on June 1, allowing lenders time to review and prepare for the changes. Much of the underwriting reverts to standards that the agency had in place for years prior to the ...
The SBA implemented the directory in 2018 during President Trump’s first term. The index was a running list of brands and franchised business models that met eligibility standards for loans and ...
The U.S. contended that Slifco Electric failed to disclose payments made during the loan forgiveness period to its owner for ...