DiscoverSBA TodaySHUTDOWN SCARE: The $37 Billion Breakdown & the Rules They Changed in the Dark! | Oct. 7, 2025
SHUTDOWN SCARE: The $37 Billion Breakdown & the Rules They Changed in the Dark! | Oct. 7, 2025

SHUTDOWN SCARE: The $37 Billion Breakdown & the Rules They Changed in the Dark! | Oct. 7, 2025

Update: 2025-10-08
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This week on SBA Today, we're broadcasting from the dark, dealing with the government shutdown, and dissecting the end-of-year lending stats and the last-minute rule changes that slipped out right before the lights went off .

We're breaking down:

  • πŸ›‘ How Long Will It Last? We break down the poll results (spoiler: most people are wrong!) and why Paul thinks we're looking at 30 days plus of shutdown.
  • ⚠️ Servicing Nightmare: Borrowers still owe payments, but good luck getting a deferment or modification. We discuss the growing backlog and the "stupid decisions" lenders start making during a shutdown.
  • πŸ—ΊοΈΒ Definition Change: The SBA removed the "in the same geographic area" requirement from the New Business/Expansion definition, a change Paul is "scared" about and Tonya thinks is a recipe for trouble.
  • πŸ› οΈΒ MARC, Fees, and ESOPs: Get up to speed on the Procedure Notice changes, including:
    • TheΒ 90-day fee rule DOESN’T APPLY to Working Capital Pilot programs .
    • MARC loansΒ CANNOT refinance same institution debt and must be GP.
    • Construction Contingency for 504 loans increased from 10% to 15%.
  • πŸ“Š End-of-Year Stats: Who Won? We break down $37 billion in 7(a) loans and $7.8 billion in 504 loans :
    • Live Oak (No. 1) hit $2.8 BILLION with a large average loan size .
    • Newtek Bank (No. 2) did almost twice the volume of loans at a smaller average size.
  • πŸ“‰Β Lender Fallout: We discuss the news of a Top 20 SBA lender selling off their portfolio and why low-profile is sometimes the best strategy.

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!Β 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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SHUTDOWN SCARE: The $37 Billion Breakdown & the Rules They Changed in the Dark! | Oct. 7, 2025

SHUTDOWN SCARE: The $37 Billion Breakdown & the Rules They Changed in the Dark! | Oct. 7, 2025