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… features: Interest rate of 1% Maturity of 2 years First payment deferred for six months 100% guarantee by SBA No collateral No personal guarantees No borrower or lender fees payable to SBA SBA’s announcement …
… Previously this check was left to self-reporting from the borrower and a lender review. SBA’s fraud check uses … to independently verify information provided by the borrower and lender. When a mismatch is identified, it must …