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SBA proposes changes to affiliation rule for business loan, surety bond guarantee programs

The U.S. Small Business Administration (SBA) is proposing revisions to its regulations for determining affiliation under its business-loan programs and surety bond guarantee program.    These revisions are designed to “simplify” eligibility determinations and reduce costs and processing time, the SBA said.   SBA published the proposed revisions on Oct. 2 in the Federal Register. […]

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