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SBA Announces New Reduced 504 Loan Debenture Rates
https://www.sba.gov/article/2020/nov/13/sba-announces-new-reduced-504-loan-debenture-rates… announced the updated interest rates for the 504 Loan Program offered by Certified Development Companies (CDC). The program now allows for 10, 20, and 25-year interest rates at … the CDCs, which are the driving force behind the 504 Loan Program. See SBA’s 504 Loan Program factsheet for more … -
SBA Announces Extension of Moratorium on 8(a) Eligibility Requirement
https://www.sba.gov/article/2023/08/21/sba-announces-extension-moratorium-8a-eligibility-requirement… so participants in the SBA’s 8(a) Business Development Program could forgo the requirement of having an … be awarded any construction contract through the 8(a) Program. Based on the feedback received from the Alaska 8(a) … this modification to the 8(a) Business Development Program has made it easier for small and disadvantaged …