Biden-Harris Administration Takes Historic Step in Expanding Access to Capital and Filling Lending Gaps in Underserved Communities
… WASHINGTON - Today, Administrator Isabel Guzman , head of the U.S. Small Business Administration (SBA) and the … on historically underserved markets – the first expansion of the SBLC program in more than 40 years . The lending … lending is loans under $150,000, and with an average loan size of $153,700 – well below the average SBA 7(a) loan size …