On January 28, the SBA announced modifications to 7(a) Loan Program Guaranty percentages to increase the guaranty to 90%. Effective December 27, 2020, and through September 30, 2021, SBA participation (i.e., the guaranty percentage provided by the SBA) is increased to 90%. (See 2. below on Guaranty … [Read more...] about 1.25.21: THE SBA INCREASES LENDER GUARANY TO 90% FROM 75% THROUGH SEPTEMBER 30, 2021
3.1.12: SBA Announces Updated Lender Website
The Office of Communications and Public Liaison (OCPL) worked with SBA stakeholders to solicit feedback on improving the current Lender website located at http://www.sba.gov/for-lenders. As a result of feedback from local SBA offices, the Office of Capital Access (OCA), select lenders and SBA Loan … [Read more...] about 3.1.12: SBA Announces Updated Lender Website