The Senate today approved a $99 million subsidy to fund the Small Business Association’s 7(a) loan program for the 2020 fiscal year, successfully avoiding a shutdown of the program that would have otherwise taken place on Oct. 1.
The Small Business Administration today issued a proposed rule to implement recent ABA-supported legislation to strengthen the agency’s oversight of its loan programs and increase maximum lending authority.
April is Community Banking Month, and as it comes to a close, it’s a good time to reflect on some of the ways that community banks remain vital to Main Street.
With community banks serving as a critical source of credit for the nation’s small business sector, Florida Bankers Association President and CEO Alex Sanchez today highlighted the importance of maintaining a healthy, vibrant community banking sector in the U.S.
An ABA Research Study
Findings from ABA Research
By Libby Bierman
By Neill LeCorgne
By Karen Kroll