WASHINGTON, Sept. 30 -- Small Business Administration has issued a notice called: Development Company Loan Program-Job Creation and Retention Requirements; Additional Areas for Higher Portfolio Average.
The notice was published in the Federal Register on Sept. 30 by Kelly Loeffler, Administrator.
Summary: The U.S. Small Business Administration (SBA) is changing the job creation or retention requirements under its Development Company Loan Program (504 Loan Program) by increasing the dollar amounts used in calculating the number of jobs that must be created or retained for each 504 Project and for the portfolio average of each Certified Development Company.
For more information, contact Greg Suryadi, Finance and Loan Specialist, U.S. Small...