Does an SBA loan require an annual cash sweep?

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December 10, 2020

by a searcher from Arizona State University - W. P. Carey School of Business in Redwood City, CA, USA

I have heard that SBA loans require an annual cash sweep, but in my searching on the internet and the SBA website I have not been able to find any information about this. Does anyone know more?

Thanks

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Reply by a searcher
from University of Washington in Manhattan, New York, NY, USA
Check out www.cerebrocapital.com they find lenders including SBA Dept. of Agriculture, etc.
commentor profile
Reply by a lender
in Yorba Linda, CA, USA
No excess cash sweeps are required for SBA loans. Most are structured with 10 year straight line amortization.
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+5 more replies.
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