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Bill seeks to increase SBA’s oversight of loan program
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Governmental Affairs, Industry News
Tuesday, January 16, 2018
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A bipartisan bill in Congress would increase the Small Business Administration’s (SBA) oversight authority over the popular 7(a) Loan Program.
The bill would further outline the responsibilities of the SBA and the requirements of its director; and enhance the agency’s lender oversight review process, including increasing the office’s enforcement options.
Read on learn who is pushing this legislation.
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