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Update on SBA’s 7(a) Loan Program – MCS Los Angeles

Update on SBA’s 7(a) Loan Program

By Ann Mehlum, SBA Official
Published: July 23, 2015Updated: July 24, 2015
Editor’s Note: The Small Business Administration welcomes last night’s Senate action to raise the 7(a) Program authorization ceiling to $23.5 billion. We thank the leadership of the Senate Small Business and Appropriations Committees for championing this measure.

We continue to work with the House of Representatives and are confident that it will promptly pass similar legislation, allowing the SBA to continue supporting American small businesses as they grow and create jobs to strengthen the nation’s economy.

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Harbor BusinessSource Center (BSC) provided long-term business financial services to entrepreneur Peace Love Reedburg


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The Harbor BusinessSource Center (BSC) provided long-term business financial services to entrepreneur Peace Love Reedburg, helping him create a two-phased plan to expand his Grilled Fraîche restaurant into a second

Harbor-Watts BusinessSource Helps Lawyer Launch Own Firm in Downtown LA


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The Harbor-Watts-BusinessSource Center (BSC) helped Martin Quiroz obtain a pre-startup loan that allowed him to launch his own law firm at 333 South Grand Avenue in Downtown Los Angeles and