SBA Issues Clarification on Fee Reductions for Loans Under $150,000

March 20, 2014 The purpose of this Notice is to provide additional clarification on the FY2014 reduction in fees for all 7(a) loans of $150,000 or less that was announced on September 24, 2013, in SBA Information Notice 5000-1288. (SBA previously provided clarification in Information Notice 5000-1294 on December 12, 2013.) Based on loan activity…

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