GLCF received the following information from the SBA’s Office of Capital Access (OCA). They have published several important documents that will affect both the 7(a) and 504 loan programs. SOP 50 10 7 is effective Aug. 1, 2023, and will apply to all 7(a) and 504 applications received by SBA on or after that date. SBA Lenders and SBA employees …
