IS ANYONE DOING SBA 7A ACQUISITION DEALS?

I had a deal that was supposed to close last week with a regional SBA lender who killed the deal at the 11th hour, citing bank concerns over the Corona virus - in the same email with the declination, they immediately suggested I apply for their PPP program.

It's a small deal ($225k) but a very good multiple and would have normally been a slam dunk. Is anyone else seeing SBA lenders back off 7a/acquisitions right now?



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