Featuredfinanceasianhospitality.com··1 min·For: Owner, Investor, GM
AAHOA Lobbies Congress to Double SBA Loan Limits to $10M
During its D.C. advocacy conference, AAHOA leaders urged lawmakers to raise SBA loan limits and enact reforms addressing frivolous lawsuits and credit card swipe fees.
Key Takeaways
- 1AAHOA is backing legislation to increase single SBA 7(a) and 504 loan limits from $5 million to $10 million.
- 2Leaders lobbied for lawsuit abuse reduction, joint-employer protections, and credit card processing competition.
- 3The association represents owners of 60% of U.S. hotels supporting 4.2 million hospitality jobs nationwide.
Source: asianhospitality.com
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