The Community Advantage (``CA'') Pilot Program is a pilot program to increase SBA-guaranteed loans to small businesses in underserved areas. The Small Business Administration (``SBA'') continues to refine and improve the design of the Community Advantage Pilot Program. To support SBA's commitment to expanding access to capital for small businesses and entrepreneurs in underserved markets, SBA is issuing this Notice to extend the term of the CA Pilot Program, to mitigate risks of the program by placing a moratorium on accepting new CA Lender applications, to limit fees that can be collected from an applicant for a CA loan, and to revise other program requirements.
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Community Advantage Pilot Program
The Community Advantage (``CA'') Pilot Program is a pilot program to increase SBA-guaranteed loans to small businesses in underserved areas. The Small Business Administration (`...
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83 FR 46237
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“Community Advantage Pilot Program,” thefederalregister.org (September 12, 2018), https://thefederalregister.org/documents/2018-19885/community-advantage-pilot-program.