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Bank Statement Requirements for SBA Small Loans
SBA Procedural Notice Control #5000-876777 brought an end to the SBSS Score use effective March 1, 2026. With that came a new requirement in processing small loans, the requirement to obtain and analyze the two most recent months of commercial bank activity or statements on the primary operating account and include them within their credit file. Bank statements are Not required for startups that are not currently in operation and Not required for a change of ownership if th
Ray Chiamulera
Apr 161 min read
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