SBA Overhauls Reckless Biden-Era Lending Program
May 19, 2025
May 19, 2025
WASHINGTON, May 19 -- The Small Business Administration issued the following news release:
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SBA Overhauls Reckless Biden-Era Lending Program
WASHINGTON -- Today, the U.S. Small Business Administration (SBA) announced an overhaul of the Community Advantage Small Business Lending Company (SBLC) program - a Biden-era program designed to grant government-backed 7(a) loans to "underserved communities" through "mission-based lenders." As . . .
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SBA Overhauls Reckless Biden-Era Lending Program
WASHINGTON -- Today, the U.S. Small Business Administration (SBA) announced an overhaul of the Community Advantage Small Business Lending Company (SBLC) program - a Biden-era program designed to grant government-backed 7(a) loans to "underserved communities" through "mission-based lenders." As . . .