DATE:
AUTHOR:
The SPARK team
Product Updates SBA

SBA and SPARK Update - Community Advantage Loan Program

DATE:
AUTHOR: The SPARK team

On Thursday, April 7th, SPARK will be updated to comply with changes announced by the SBA on March 30, 2022, related to the Community Advantage (CA) loan program. Details of this announcement can be viewed on the SBA website.

In response to these changes, the maximum CA loan size in SPARK will be updated from $250,000 to $350,000.

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