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SBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow

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November 1, 2016

By Bob Coleman
Editor, SBA Hot Topic Tuesday

SBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow

Effective today!

The 7(a) Loan Program has been changed to the SBA Advantage Loan Program.

The 504 Loan Program has been changed to the SBA Grow Loan Program

All policies, procedures and forms are still in effect.

Any changes to the names of the delivery methods within the 7(a) or 504 loan programs will be announced in the future.

The rebranding will roll out over time.

SBA expects a transition period, during which time the website, regulations, Standard Operating Procedures, forms, and vendor software will be updated.

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