The SBA’s Loan Losses-and Job Losses-Are Rising. Higher Fees Are Likely
The 7(a) loan program is currently losing money, which could put it in the political crosshairs. At the agency itself, DOGE's calamitous terminations haven't helped.
OptimumBank Achieves SBA Preferred Lender Status
The SBA Preferred Lenders Program is designed for high-volume, experienced SBA lenders that have demonstrated a proven track record of success. It grants participating banks the authority to approve, ...