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… Chris Pilkerton said. “When the economy is doing well, 7(a) lenders are more willing to provide capital without the … opportunities for entrepreneurs.” In FY19, SBA’s flagship 7(a) loan program made approximately 52,000 7(a) loans totaling $23.17 billion. The 504 loan program had …
… that out,” SBA Administrator Linda McMahon said. “SBA’s 7(a) and 504 loan programs have never been more dynamic, easy … the coming year.” In FY18 there were approximately 60,353 7(a) loans made, with a total dollar amount of $25.37 billion. The 7(a) program is SBA’s flagship program, which offers …