SBA

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.

The agency says lenders lacked the risk appetite, while bankers point to concerns over turnaround times and strict loan terms.

The agency's 7(a) program had a small year-over-year decline, with bankers pointing to lender discipline and more borrowers qualifying for conventional loans.

Some lenders fear a moratorium on new participants, and other restraints, could be the beginning of the end for the agency's Community Advantage program.

The House of Representatives passed two bills that would tie appraisal waivers for Small Business Administration loans to bank rules for commercial real estate loans, despite objections from the Appraisal Institute about its members being cut out of transactions.