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McMahon Confirmed to Lead Small Business Administration

   McMahon Sworn in as Head of SBA (video) > 


Feb. 14, 2017 – The Senate cleared pro wrestling magnate Linda McMahon to lead the SBA. McMahon, the World Wrestling Entertainment co-founder and former CEO, found bipartisan support was approved by an 81-19 vote. She needed a simple majority vote to be confirmed.

Majority Leader Mitch McConnell (R-Ky.) praised McMahon ahead of the vote, predicting that she would be able to use her background to help bolster small businesses. 
 
“McMahon, who built a small company from the ground up, understands the many challenges small businesses can face,” he said. “She certainly come a long way from sharing a desk with her husband and leasing a typewriter.”  The Hill article >

SBA welcomes McMahon >

“Small businesses are the engine of our national economy,” McMahon said upon her confirmation. “I will work to revitalize a spirit of entrepreneurship in America.  Small businesses want to feel they can take a risk on an expansion or a new hire without fearing onerous new regulations or unexpected taxes, fees and fines that will make such growth unaffordable. We want to renew optimism in our economy.”


 

Government Guaranteed Lending Specialist - Rockford, IL

More >



   

SBA Lending Technical Conference
May 2-4 • Indianapolis, IN

Registration is now Open! Go > 

 

Registration Fee(until sold out)
By March 24:
$950 Mbr, $1,450 N-Mbr, $650 Govt
After March 24:
$1,200 Mbr, $1,900 N-Mbr, $650 Govt      

 

Location:
Hyatt Regency Indianapolis

One South Capitol Avenue

Indianapolis, IN  46204

 

Direct: 317.632.1234

Reservations: 888.421.1442

Room Rate: $189

Cut-Off Date: April 7 (or until sold out) 

Online Reservations >

 


Pre-Conference Training Schedule
:


May 1 – SBA Construction Lending
May 1 – Understanding Lender Oversight and the Review Process
May 1-2 – Understanding the SOP 50 10 *
May 1-2 – Closing and Funding the SBA Loan *
May 1-2 – SBA Loan Servicing and Liquidation *
May 1-2 – Advanced SOP 50 10 Training *
May 2 – Advanced Cash Flow Analysis *
May 2 – Mechanics of the SBA 7(a) Secondary Market

* Course qualifies for NAGGL Lender Diploma Program credit.


SBA 7(a) Lender Classroom Training
March 20-23 ~ Los Angeles, CA
Registration Deadline: March 3 (or until sold out)
 

Hyatt Regency at Los Angeles Airport
6225 West Century Boulevard
Los Angeles, CA 90045

Room Rate: $175
Cut-Off Date: 
March 3
Phone:
 424.702.1234 
Reservations: 888.421.1442
Online Reservations > 


FEBRUARY RATES

SBA LIBOR Base Rate = 3.78%
SBA Optional Peg Rate = 2.00 [Jan 1-March 31]
Prime Rate = 3.75%
SBA FIXED Base Rate = 5.97%
Maximum allowable fixed rates > 


  

NAGGL, SBA Launch "Business Smart Toolkit" to Elevate Entrepreneurship in Underserved Communities

NAGGL and the SBA are proud to announce the release of the Business Smart Toolkit, a ready-to-use workshop toolkit that equips and empowers faith based and community organizations to lay the groundwork for helping new and aspiring entrepreneurs launch a business idea and build a business that is credit ready. www.sba.gov/BusinessSmart > 


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Calendar

3/7/2017 » 3/8/2017
Portland, Maine - Understanding the SOP 50 10

3/20/2017 » 3/23/2017
Los Angeles - 7(a) Lender Classroom Training

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