[Yankeeman07]

Thanks for update Dave..

Just because limits change doesn't mean all banks will consider extending their limit on product because the Guaranty on 'Express' is lower percentage. Guess we'll see.

In 2020 the Express limit was 1M (as part of the stimulus) and Citizens Bank gave one of our clients a 1M revolver. They PUSHED to get it done the last week of the Quarter because the limit was going down in 2021.

Good Info - My bank will go to the $500K - BUT - It all depends on the strength of the financials for the business owner.

No 2 files are the same when it comes to risk and underwriting.