With only two weeks left in its fiscal year, SBA lending looks to close out with SBA 7(a) lending volumes greater than 2008 or 2009.
Through September 10th, $12,262,938,000 in SBA 7(a) loans have been approved by SBA.
That is an increase of only $144,184,000 over the prior week.
The new SBA year that starts October 1st should kick off well as enhancements provided by HR 5297 should be in effect by then.
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