Biden-Harris Administration Finalizes Rule to Lower Costs for Small Businesses
… borrowing costs for small businesses. In the SBA’s 7(a) Loan Program , the agency’s other flagship capital … into approximately $360,000,000 in yearly savings for 7(a) borrowers. As President Biden said earlier this month, … debt, either an existing SBA loan or other debt, using a 7(a) Loan. Small businesses that borrowed over the last year …