Shining Light on Farm & Food Policy for 20 Years. Thursday, November 28, 2024

Food

Farmers, rural businesses object to proposed SBA loans restriction

The Small Business Administration has heard from over 2,700 farmers, including poultry feeders, and rural small businesses and others mostly opposed to amendments to the SBA's Express Loans regulation that would make any operator getting more than 85 percent of revenue from a single source (rather than a usual 70 percent SBA ceiling) ineligible for those loans
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