The SBA’s Loan Losses-and Job Losses-Are Rising. Higher Fees Are Likely
The 7(a) loan program is currently losing money, which could put it in the political crosshairs. At the agency itself, DOGE's calamitous terminations haven't helped.
OptimumBank Achieves SBA Preferred Lender Status
The SBA Preferred Lenders Program is designed for high-volume, experienced SBA lenders that have demonstrated a proven track record of success. It grants participating banks the authority to approve, ...
JD Supra5d
How SBA’s New Rule Will Affect a Small Government Contractor’s Projected Set-Aside Work Following “Disqualifying” M&A Activity
The Small Business Administration’s (SBA) final rule, which amends numerous requirements concerning small business ...
Hoodline1d
Federal Aid Arrives for Louisiana Small Businesses Hit by Winter Storm, SBA Offers Economic Injury Disaster Loans
The SBA offers low-interest loans to Louisiana businesses affected by the winter storm to cover debts and operational costs.