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Home / News / Business News / SBA removing asset test, nine-month rule on loans (access required)

SBA removing asset test, nine-month rule on loans (access required)

The U.S. Small Business Administration is making a few changes that could increase access to the government-backed loan program. On April 21, the SBA will get rid of a personal resource test for potential borrowers, as well as a rule that prevents businesses doing capital projects from counting project expenses incurred nine months before a ...

About Brad Iverson-Long

Brad Iverson-Long is a reporter for the Idaho Business Review, covering banks, financial services, technology and new business.