$1 Billion Milestone Reached for New 25-Year Fixed Rate SBA 504 Loan

By |2020-03-12T14:58:46-07:00July 8th, 2019|NEWS|

The SBA's 25-year loan product, which had its first funding in July of 2018, reached a milestone last month after its warm reception twelve months ago from small businesses, banks, and investors; the total amount lent under the program hit a face value of $1.04 billion, skimming past the $1 billion funding milestone in the final [...]