Processing and approvals of SBA 7(a) and 504 loans will halt during a government shutdown. SBA microloans and disaster loans will not be affected.
Small business borrowers in need of financing should work with their lender to identify alternative sources, experts said.
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
The SBA is making changes to spur debt refinancing for small businesses. The Small Business Administration has issued a final rule making it easier for small businesses to refinance some of their debt ...
Feb 26, 2025, 8:07am EST Updated: Feb 26, 2025, 8:27am EST Haiyun Jiang/The New York Times Small Business Administration Administrator Kelly Loeffler this week issued a memo detailing planned changes ...
The Small Business Administration’s disaster loan program has run out of money, it announced on Tuesday, after warnings that funding would soon run out following increased demand from hurricanes ...
IRVINE, Calif.--(BUSINESS WIRE)--American Lending Center received notice today that the U.S. Small Business Administration has certified ALC as a participant in the 7(a) Guaranteed Loan Program as a ...
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