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SBA 7(a) Loans for Business Acquisitions effective June 1, 2025
The SBA 7(a) loan program is the SBA’s primary vehicle for financing business purchases. Under SBA’s new Standard Operating Procedures (SOP 50 10 8, effective June 1, 2025), many pre-2021 rules have returned, tightening underwriting and clarifying eligibility. In a 7(a) acquisition loan, ...
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Dear Scott and Margaret, We just wanted to thank you both for the care you took with our transaction. We appreciate all that you did, and couldn't have had better timing. —JDH
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