Coleman Special Report — SBA 7(a) Funding to be Reinstated Next Week
July 24, 2015
By Bob Coleman
Editor, Coleman Report
Last night the Senate voted unanimously to increase the SBA 7(a) loan program cap by $2 billion to $23.5 billion for the government’s fiscal year ending September 30th.
The House is expected to pass the measure on Monday.
With President Obama’s signature, the SBA 7(a) queue will be history by the end of next week.