Live from NAGGL—We're Still Shutdown! | Oct. 28, 2025
Update: 2025-10-29
Description
This week on SBA Today, Paul and Tonya are live from the NAGGL Fall Conference!
We're talking conference takeaways, the ongoing shutdown, and the jaw-dropping new state-by-state analysis of lost lending dollars.
- 🛑 We're in a holding pattern. We explain why funds won't be available immediately upon re-opening, even for authorized loans.
- ✅ Good News from the IRS: The IRS is still processing 4506C requests and transcripts.
- ❌ Bad News on Citizenship: The SBA is NOT processing Citizenship verifications during the shutdown.
- 💸 The True Cost of Shutdown: The SBA released a State-by-State Analysis of loans not approved due to the shutdown.
- California is losing the most at 212 loans and $126 Million PER WEEK.
- Other major impacts: Texas (125/week) , Florida (135/week) , and New York (106/week).
- The least affected is West Virginia (4 loans/$1.4 million per week).
This episode is sponsored by: Res/Title
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 Al 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! www.res-title.com
⚠️ Disclaimer: The views expressed on this show are our own and not necessarily the views of our employer. ⚠️
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