SBA Loan Queue
Update: As of January 4th, the SBA is no longer accepting Jobs Act loans in the loan queue and they have updated their status to show likelihood of funding as “Low.”
The SBA has re-activated the SBA Loan Queue and they are currently showing the likelihood of funding for the fee waivers and 90% guarantee as “moderate,” but it is inching towards “low.”
Once it hits “low” SBA will not accept any more Jobs Act-related loans and only those currently in the queue will have a chance at funding as currently approved loans are cancelled.