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Lower SBA Loan Fees

/ Mike Schillingburg, VP SBA Lending at MidFirst Bank, provided the following update about the SBA lowering upfront fees: The SBA has announced new, lower SBA Guarantee Fees effective October 1, 2022. Loan amounts $1,000,000 and lower are affected. The Upfront Fees for loans with a maturity date that exceeds 12 months are as follows: […]