Tuesday, November 2, 2010

SBA 7(a) Weekly Lending Update

The 90 percent guaranty and guaranty fee waiver for SBA 7(a) loans is obviously working.

So far this fiscal year (it started October 1st) $1,923,050,000 in SBA 7(a) loans have been approved.

That is a $368,060,000 increase over the last week.

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