This week's SBA Today cracks open the exciting new legislation aimed at supercharging US manufacturers! Paul and Tonya break down the "Made in America Manufacturing Financing Act" – could businesses tap into loans up to $10 MILLION? We also dive into the game-changing E2G program with grants up to $1.1 MILLION! Don't miss how these changes, plus crucial SBA SOP updates you NEED to know, could fuel your growth.

Key Takeaways:

• Ownership Rule Confusion: New SOP changes have created confusion around co-borrower vs. guarantor requirements, especially in partial ownership changes, with technical corrections expected.
• SBA Rule Awareness: Many brokers are unaware of recent SBA fee changes, and escrow holdbacks must comply with the 5-day rule.
• House Bills: The House Small Business Committee advanced 7 bills, including measures to: Decentralize the SBA ➡️Codify citizenship verification ➡️Address SBA offices in sanctuary cities ➡️Limit SBLC licenses ➡️Increase transparency on regulatory costs ➡️Require cost impact analysis for new regulations.

🛠 Sponsored by Res/Title – your "One Stop Shop for SBA closings". We're your commercial title and closing company that provides you with the tools and technology to give you an instant quote and AI property reports on any deal in the nation. Whether it's for $35,000 or $35 Mil, we handle closings anywhere in the nation with one point of contact. Get started today! https://res-title.com/

⚠️ Disclaimer: The views expressed on this show are our own and not necessarily the views of our employer.