SBA 504 Refinance Rule Changes Are Here

The interim rule is effective immediately.    New SBA 504 Refinance loan applications can be processed immediately.  Section 328(a) of the Economic Aid Act revises the conditions and requirements for refinancing debt in the 504 loan program as follows: For 504...

MBFC Keeping Lenders Up To Date During COVID-19

MBFC is forwarding all notices to Lenders from the Minnesota District Office of the Small Business Administration (SBA). The Minnesota District Office is hosting informal lender-only calls today (Monday, March 23, 2020 at 4:00 PM and tomorrow, Tuesday, March 24, 2020...