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SBA reverses lender fee waiver for 7(a) loan program
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Financial Stability, Government Oversight, Industry Regulation
Friday, April 4, 2025
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The U.S. Small Business Administration has restored lender fees to its 7(a) loan program to improve the program’s financial integrity. The Biden administration waived the fees to encourage more small-business lending but doing so led to the program’s first negative cash flow in more than a decade.
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