March 12, 2014
Editor, Coleman Report
The fiscal year 2015 calls for $47.5 million in subsidies, almost half less than this year’s $107 million.
SBA 504 clocks in with $7.5 billion and 7(a) will have a limit of $17.5 billion , although many (see today’s American Banker article) are calling for a $19 billion limit for 7(a) next year.
The total budget request is $710 million, continuing a disturbing trend of being one of a handful of federal agencies to repeatedly come under the paring knife.