SBA Stimulus II Provisions:‏

January 12, 2010 at 4:50 pm Leave a comment

Increase 7(a) loan limit from $2 million to $5 million
• Increase the 7(a) loan guaranty to a maximum of $4.5 million (90%)
• Increase the SBA 504 loan limit to $5.5 million
• Allow the 504 loan program to refinance short-term commercial real estate loans
• Extend Stimulus I — 90% 7(a) guaranty and borrower fee waivers — through December 2010
• Increase the loan limit on microloans from $35,000 to $50,000
• Allow 7(a) loans to be sold

JIM FREY

Advertisements

Entry filed under: Uncategorized.

Did you know about certain library workers? Help for Haiti

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Recent Stuff

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 3 other followers


%d bloggers like this: