Friday, March 31, 2023 | Back issues
Courthouse News Service Courthouse News Service

New Small Business Loan Rules Challenged

AUSTIN (CN) - The U.S. Small Business Administration has illegally adopted new "standard operating procedures" that limit Section 504 loans to nonprofit Certified Development Companies, which violates SBA rules and congressional intent, the Texas Certified Development Company Inc. claims in Federal Court.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.