I have an SBA loan. Won’t the Government Guarantee Pay Off the Loan?

Question. I have an SBA loan. Won’t the Government Guarantee Pay Off the Loan? Answer.The Small Business Administration (SBA) helps small businesses and entrepreneurs obtain loans. One of the ways it does so is by guaranteeing the loan so that the lender is insulated from the risk of loss. For standard 7(a) loans, the guaranty… [Read More]