White Paper: 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic
… strategy. Specifically, in FY 2021, the total amount of loans increased to $31.4 billion from $19.4 billion in FY … Restaurant Revitalization Fund, Economic Injury Disaster Loans, and deferred 7(a) loan payments. However, variable interest rates for 7(a) loans increased because the base prime rate increased from …