SBA Deals During Government Shutdown?

October 01, 2025

by a searcher in New York, NY, USA

I'm finding conflicting information online regarding the treatment of SBA 7(a) loan applications during the government shutdown. For those that are currently in the closing phase of a deal that is being funded with an SBA 7(a) loan from a preferred lender, are you getting any feedback that your deal will be delayed due to the shutdown?

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Reply by a lender
from Sam Houston State University in 5324 Community Dr, Houston, TX 77005, USA

It depends on where you are at in the process. If the lender has the PLP approval, then you can close whenever everyone is ready. If the PLP has not been pulled, you will need to wait until the shutdown is over and the lender can pull the PLP.

Reply by a lender
in Ponte Vedra Beach, FL 32082, USA

As most have already chimed in, if you have the loan number approved and no changes need to be made to loan terms as approved by SBA (whether GP or PLP) then you should be clear. If no loan number is pulled and approved or if there are significant changes to originally approved loan terms then loan closing will most likely be delayed until government reopen. below is post i recently shared with some information saying similar; https://www.linkedin.com/posts/brittany-turner-31b6a65b_sbalending-businessloans-commerciallending-activity-7379185436767821824-q01T?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAy9DEcB8dLz6BrR0km5AtHVpbP-ye02zGI

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