Waiver of $460M in Lender Fees Undermined Integrity of Program for Small Businesses and TaxpayersWASHINGTON, March 27, 2025 ...

The SBA has announced controversial moves regarding its offices but also is hoping to grow two key lending programs.

Two of the most common types of SBA loans are called 504 loans and 7(a) loans. While SBA loans have a higher maximum loan amount, 7(a) loans have a wider variety of potential uses. SBA 504 loans ...

The agency completely eliminated upfront guaranty fees for 7(a) loans under $1 million in October ... But the Biden-era SBA’s decision to remove fees has drawn ire from Republican lawmakers.

The SBA has been guaranteeing bank loans to small business since the Eisenhower Administration, principally through the 7(a) program. Lenders made some $31.5 billion worth of loans under the ...

The SBA’s most common loans are offered through its 7(a) loan program. The SBA also offers loans through its 504 and microloan programs. The average loan size is $436,270 in the SBA 7(a ...

SBA 7(a) loans offer long terms, competitive rates and high loan maximums, which are ideal for restaurant owners who can qualify. So far in fiscal year (FY) 2025, over $1.9 billion in 7(a ...

A three-branch community bank in LaGrange, Georgia, is seeking to carve out a role as a national servicer of Small Business Administration 7(a) loans. Last month, the holding company for the $176.2 ...

Ignoring a spike during the pandemic, the overall number of SBA lenders is down 9% from 2017. What’s going on? To hear small banks tell it, one big reason they don’t make 7(a) loans is the ...

More than 30 lenders made SBA loans in Q4 2024, totaling almost $60 million. The Business Times debuts a quarterly list of ...

Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan ...