SBA

@SBAgov ↗

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Last Checked April 20, 2021

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Wed Mar 24 18:47:32 +0000 2021

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SBA @SBAgov

Businesses that receive a loan amount subject to the existing limits currently don’t need to submit a request for an increase. SBA will reach out directly via email and provide more details about how businesses can request an increase closer to the April 6 implementation date. — PolitiTweet.org

Posted March 24, 2021

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SBA @SBAgov

Starting April 6, SBA is raising the loan limit from 6-months of economic injury and a maximum loan amount of $150,000 up to 24-months of economic injury with a maximum loan amount of $500,000. The new loan limit will provide added economic relief to America's small businesses. — PolitiTweet.org

Posted March 24, 2021

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SBA @SBAgov

Any new loan applications and those still in loan processing when the new loan limits are implemented will automatically be considered for loans covering 24 months of economic injury up to a maximum of $500,000. — PolitiTweet.org

Posted March 24, 2021