You will most likely be just fine. We never slowed down through COVID or any upheaval in the markets. Only around Christmas or if the government shuts down and that is usually short lived.

In general when the economy gets tight SBA lenders are still very active in lending, so it should not slow down. However, I can tell you from working with over 500 lending partners across the county, not just SBA but conventional bank as well, that lending has gotten tighter this year across the board. I have even seen many SBA lenders get a bit more conservative. That is because capital and deposits are tight for some Banks and others are considered about economic conditions. But ultimately if you are doing a deal that makes economic sense, you should not have an issue getting it done, even if the economy is in recession. If your deal is marginal or a stretch, if the economy tightens and lenders pull back it could be harder to get those deals done. This is a constant cycle in lending. There is always something impacting lending, whether interest rates, capital requirements, new regulation, etc. It will never last long. Ultimately most banks make money by lending, so they will come back to it as soon as they can.