A government shutdown doesn't mean businesses are left without support. Integro Bank is open for business and actively accepting applications and underwriting your loan. We will work with your business to complete all underwriting and closing prep now so that as soon as SBA reopens, we can effectively and efficiently move directly to closing, ensuring your business receives the lending you need without additional delays.
Our goal is to keep your file fully ready so there is no delay once SBA operations resume. Integro Bank is here for you and moving your file forward! We can also support businesses looking for Commercial Lending (Non-SBA loans). Term Loans, Lines of Credit, and Real Estate Financing can all be done through Commercial Lending!
If you have not started your application, we urge you to do so today!
FAQs regarding SBA Lending during a Government shutdown:
Can you fund my SBA loan during the shutdown?
Yes, if your loan already has an SBA loan number. If not, we’ll finish everything we can now and get your number as soon as SBA reopens.
Are you still accepting new applications?
Yes. We’re underwriting and preparing loans so they are ready to go the moment SBA reopens.
Will this affect my timeline?
Only the step where SBA issues the loan number is paused. Everything else continues so we can move quickly once SBA is back online.
Does the SBA stop lending during a shutdown?
Yes. During a federal government shutdown, the U.S. Small Business Administration (SBA) suspends most of its operations, including loan approvals. This means new SBA loan applications—such as SBA 7(a), 504, and microloans—cannot be processed until the government reopens.
What happens if my SBA loan is already approved?
If your SBA loan has already been fully approved and documented before the shutdown, it should proceed as scheduled, provided your lender has everything finalized. The shutdown mainly affects new applications and loans still waiting for SBA authorization.
Can my lender still accept my application?
Yes. Banks like Integro Bank can still collect, prepare, and review SBA loan applications during a shutdown. However, final SBA approval, guarantees, and funding cannot move forward until the government resumes operations.
Will there be delays once the government reopens?
There can be, which is why it is important to get your application process completed now to ensure the most efficient timeline possible for your business. Working with an SBA Preferred lender, like Integro Bank, is beneficial when it comes to expediting the SBA process. Integro Bank is a U.S. Small Business Administration (SBA) Preferred Lender, which allows us to streamline and expedite the loan approval process for SBA-guaranteed loans.
How can I prepare if I need SBA financing soon?
Submit your application now: Integro Bank can prepare the full package so it’s ready for SBA review as soon as operations resume.
Have documentation in order: Tax returns, financial statements, and business plans should be complete to avoid additional delays.
Ask about alternatives: Depending on your needs, your bank may offer bridge financing or conventional loans to keep your plans moving.
Does a shutdown affect existing SBA borrowers?
No, existing SBA loan borrowers should continue to make payments as normal. Loan servicing generally remains in place through your bank or loan servicer.
Where can I get updates during a shutdown?
SBA’s official website: www.sba.gov
Integro Bank will provide updates to clients as we hear more