We have been advised that the stimulus funding authorized by the Economic Aid Act which support a 90% guaranty and fee waivers are expected to run out prior to the end of business hours on September 30, 2021, and possibly as early as sometime today. Lenders are reminded that loans approved after the stimulus funding is fully expended will be subject to SBA's regular guaranty percentages and fees.
Please reference SBA Information Notice 5000 - 818641 for more information about FY2022 fees, click here to read.
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