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Stimulus Bill Expands SBA 7(a) Opportunities for Financial Institutions | Blog

The bipartisan stimulus package that was approved by the Senate this week provides banks and credit unions with an opportunity to participate in a huge expansion of Small Business Administration (SBA) lending programs. This blog breaks down what that could mean for your institution and calls out the specific 7(a) requirements that are lifted in this program.

This is also posted on our new coronavirus resource page which features free content and resources dedicated to supporting you and your institution throughout these uncertain times.

Access the blog online here.