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New SBA 504 Debt Refinance Rules as of November 13, 2023

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Maximum Loan is $90,000 per Employee Highlights published in the October 12, 2023 Federal Register A loan that is subject to a guarantee by a Federal agency or department may be refinanced under the following conditions and requirements: An existing 504 loan may be refinanced if both the Third Party Loan and the 504 Loan…

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