Modernization of SBA loan programs

The US Small Business Administration recently announced several new developments and improvements to modernize SBA’s Loan Programs to expand access to capital for small businesses. Changes include simplifying the eligibility determination process, adding new fraud review on SBA loans, providing new guidelines for lenders on how to make SBA loans and clarifying affiliation standards to make it clear who qualifies for an SBA loan.

The US Small Business Administration recently announced several new developments and improvements to modernize SBA’s Loan Programs to expand access to capital for small businesses. Changes include simplifying the eligibility determination process, adding new fraud review on SBA loans, providing new guidelines for lenders on how to make SBA loans and clarifying affiliation standards to make it clear who qualifies for an SBA loan.

Join the U.S. Small Business Administration at one of the following free information sessions for small businesses, lenders, economic development officials and other interested parties:

ST LOUIS                                July 12, 2023 – 10 a.m. – 12 p.m.

St Louis County Library – Grants View Branch

9700 Musick Ave, St. Louis, MO 63123

Register for SBA event in St Louis

COLUMBIA                            July 18, 2023 – 10 a.m. – 12 p.m.

Regional Economic Development Inc

500 E. Walnut Street, Columbia, MO 65201

Register for SBA event in Columbia

HANNIBAL                             July 25, 2023 – 10 a.m. – 12 p.m.

Missouri SBDC at the Hannibal Regional Economic Development Council

3817 McMasters Avenue, Hannibal, MO 63401

Register for SBA event in Hannibal

POPLAR BLUFF                  August 1, 2023 – 10 a.m. – 12 p.m.

Poplar Bluff Chamber of Commerce

1111 W Pine St, Poplar Bluff, MO 63901

Register for SBA event in Poplar Bluff

ST JAMES                               August 8, 2023 – 10 a.m. – 12 p.m.

Meramec Regional Planning Commission

#4 Industrial Drive, St. James, MO 65559

Register for SBA event in St James

Space is limited and registration is encouraged. All SBA programs and services are extended to the public on a nondiscriminatory basis.  Reasonable arrangements for persons with disabilities will be made if requested at least two weeks in advance. Contact Tom Daiber at thomas.daiber@sba.gov or (314) 539-6614.