Bankers seek defined part in disbursing crisis SBA loans
Bankers seek defined part in disbursing crisis SBA loans As lawmakers weigh contending small-business rescue plans, bankers are lining up behind Sen. Marco Rubio’s proposition to somewhat improve authority that is funding the small company Administration’s 7(a) loan system. The bill drafted by Rubio, R-Fla., the president for the Senate Committee on business and Entrepreneurship, would improve the system’s authority from $30 billion to $80 billion, earmarking the funds for companies struck by the coronavirus…