Letter to SBA in response to: Biden-Harris Administration Announces New Development and Improvements on Loan Program Modernization to Expand Access to Capital for Small Businesses
May 14, 2023 Mr. Patrick Kelley Associate Administrator U.S. Small Business Administration Dear Patrick, On behalf of our coalition, congratulations on finalizing the two rules announced in the below SBA press release. You and Veronica had told me some time ago that CDFIs had complained about the time and effort necessary to determine credit worthiness…