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The SBA updated some of their criteria several months ago but are still guaranteeing loans. As a previous poster said, the SBA does not make loans, they guarantee them.

They are still anxious to back loans but some lending institutions have pulled back - other have stepped in/up to fill the void. There are actually several banks who have recently increased their SBA loans trying to get market share.

I am finalizing a deal where the buyer got an SBA loan (he had several loan offers to choose from). It was north of $800,000 with very little assets - primarily a cash flow loan.

Most people who say they SBA is not lending are generally not SBA approved lenders and/or trying to push you towards another type of loan.

I hope this helps.

FYI - I am not a lender or a loan broker, I am a business broker and I refer my clients to several good loan brokers across the country.