Member News
Does your business have exciting news it wants to share with the rest of the Anchorage Chamber membership? To submit an announcement, log in to your Anchorage Chamber profile and complete a News Release. For assistance accessing your account, call (907) 272-2401.
Anchorage Chamber staff will review and approve all submissions.
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SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million
SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million Effective July 4, eligible borrowers can access record levels of SBA-backed funding WASHINGTON – Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), announced a new rule that will allow eligible borrowers to combine their 7(a) and 504 loans for up to $10 million in SBA-backed financing, increasing the cumulative loan limit from its current $5 million and expanding the capital available to small businesses
