SBA beefs up loan limits to historic levels. Here's what's changing.

Preview this article 1 min A new SBA rule taking effect in July will drastically increase the loan limits for small ...
JD Supra

New SBA Rule Should Increase 8(a), WOSB and SDVOSB Contractors’ Access to Outside Capital

The Small Business Administration (SBA) published earlier this month one of the most significant rule changes in recent history. We previously addressed the new M&A and long-term recertification rules ...
American Banker

SBA moves to increase lender fees in flagship program

SBA Administrator Kelly Loeffler said an immediate fee increase was necessary to boost revenue collected by its flagship 7(a) program. The Small Business Administration, saying that it needs to shore ...
Forbes

SBA Loan Limit May Double To $10 Million, But Not For Every Small Business

SBA chief Kelly Loeffler says bigger loans will help bring manufacturing back to the U.S. (Photo by Kevin Dietsch/Getty Images) Manufacturing companies could soon qualify for bigger Small Business ...
American Banker

Lender groups want SBA to increase fees, tighten underwriting rules

Banker groups are telling new SBA Administrator Kelly Loeffler higher fees and tighter underwriting standards are needed to strengthen the agency's 7(a) loan guarantee program. Advocates for lenders ...
JD Supra

Client Alert: SBA Proposes New Rule To Increase Receipts-Based Size Standards

Do you have clients that are classified as small businesses? Small business classifications are determined by the SBA under what are called “North American Industry Classification System (NAICS) codes ...
Forbes

6 Ways Kelly Loeffler Can Improve SBA’s Support Of Small Business

President-elect Donald Trump has tabbed Kelly Loeffler, a former Georgia senator and a top donor to his 2024 election campaign, to head the Small Business Administration (SBA). Loeffler represented ...