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WASHINGTON — Debate continues between the Republican Administration and the Democratic Congress, guarantor and lenders over SBA’s zero-subsidy program that passes fees along to borrowers.

Congresswoman Melissa Bean (D-Ill.) and Small Business Committee Ranking Member Steve Chabot (R-Ohio) introduced legislation earlier this month that would provide “fee contributions” for the SBA 7(a) program, make permanent to Low-Doc and Community Express programs, as well as providing incentives for medical professionals to place their practices in underserved areas. Additionally, the Small Business Lending Improvements Act (H.R. 1332) would provide for a program to aid smaller lenders in delivering 7(a) loans.

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