The U.S. Small Business Administration (SBA) has announced the reinstatement of lender fees for its 7(a) loan program, ...
The U.S. Small Business Administration has restored lender fees to its 7(a) loan program. The 7(a) program, the SBA’s primary ...
The mid-year fee hike was necessary to reverse a revenue shortfall in the agency's 7(a) program, according to Administrator Kelly Loeffler.
Lender fees have gone back into effect starting this week for Fiscal Year 2025. Over the coming weeks, the SBA will announce additional changes to safeguard the future of the 7 (a) loan program to ...
President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling ...
The Trump administration indicated that it would take steps to reopen applications for key student loan plans this week after ...
The Small Business Administration has announced it is cutting half its workforce, triggering concern as the agency is also taking over the enormous student loan program. The agency is reducing the ...
Borrowers on income driven repayment plans have been waiting for the last month to see if they can keep their monthly ...
Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.
$330M in SBA loans went to kids and dead —including a 9-month-old — sparking calls for blockchain to prevent future fraud through better transparency and ID checks. Over $330 million worth of ...
lending program into negative cash flow for the first time in thirteen years - threatening its zero-subsidy status. "Since its inception, the SBA's 7(a) loan program has launched millions of small ...
President Donald Trump said Friday he has decided that the Small Business Administration will handle student loans, taking it out of the Education Department immediately. "They are all set for it ...