Wrong once again...you obviously have never gotten a SBA loan??? I've gotten several through the years with the most recent being a SBA disaster loan. The disaster loan is the only type of SBA loan you can get that is strictly to provide funds to stay in business. I don't think the cold front that froze the pipes on the processor received national "disaster" status? In order to get other SBA loans, it has to go towards a new investment or expansion...not for operational funds. The max loan amount is directly related to how many new jobs created or saved by doing the new project. Impossible for Heddle to "get a $5mm SBA loan" for PTIO back then. Might be able to get one now if they are going to create lots of new jobs by using the loan funds to buy/build processors.
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