SBA

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.

The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work.

The branch closures will reduce overhead by an estimated $1.9 million a year.

Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.

Dozens of House members and four senators agree with arguments by farmers and lenders that a proposed change to the 7(a) program would disqualify worthy borrowers.

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.

Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.