SBA announced the 7(a) Program fees that will be in effect for loans for which SBA loan numbers are issued beginning October 1, 2022 and ending September 30, 2023.
Huge benefits for small business owners. See the changes that are happening;
The SBA Guaranty Fees have been reduced and will be effective 10/1/2022. All this information is public and can be found on the SBA Information Notice control no.: 5000-836123.
Team members at Blue Water Capital Advisors have over 20 years of commercial banking experience and have significant knowledge of SBA’s policies and are always up-to-date with any changes. Reach out to us if you have a project that falls in this category or if you have questions related to SBA financing. Don’t forget to subscribe to our newsletter!