Comment on DFW-based banks handed out $1.57B in SBA 7(a) loans; $406M are not guaranteed

DFW-based banks handed out $1.57B in SBA 7(a) loans; $406M are not guaranteed

With small businesses falling like dominoes as quarantines and shelter-at-home orders stiffen, banks already staggered by historically low interest rates face the growing prospect of having to write off loan exposures to mom-and-pop borrowers and entrepreneurs.

 

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