SBA October Stakeholder Call – Back to Work Edition

SBA October Stakeholder Call – Back to Work Edition

On Friday, October 18, 2013, Jeanne Hulit, the Small Business Administration’s (SBA) Acting Administrator, kicked off the agency’s monthly stakeholder call to provide updates to the small business community.  Noting that the SBA had been required to close down operations during the federal government shutdown, it was forced to halt all loan application and processing operations. Since re-opening, the SBA has processed more than 700 7(a) loans totaling more that $140 million and 300 504-refinancing loans totaling more than $80 million.  Ms. Hulit was not able to give a …

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