SBA Eliminates Disastrous Biden-Era Underwriting Standards
… Disastrous Biden-Era Underwriting Standards WASHINGTON — Today, the U.S. Small Business Administration (SBA) announced … to borrow elsewhere. By statute, it is required to operate at “zero-subsidy,” or zero cost – and historically pays for … the 7(a) loan program. The new SOP 50.10.8 , announced today, will reject the “Do What You Do” underwriting rules …