With more than two months left in its fiscal year, the SBA has approved more than $16.4 billion in loans through its flagship 7(a) lending program. This record pace, however, has its downside. The 7(a) program is authorized to do only $17.5 billion in loans this fiscal year. Once that cap is … [Read more...] about 8.4.11: SBA Aims to Avoid Shutdown as 7(a) Loans Approach Cap
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