The SBA Has Raised Their QuickApp Limits
September 13, 2022
Effective September 7th, the SBA has raised the contract limits to $500,000 for their QuickApp, making it easier to help small contractors bid on big jobs!
- $500,000 Contract Limit
- LDs up to $2,500 a day
- Demolition projects acceptable
- Project completion terms up to 1 year
- Maintenance terms up to 2 years
- Hazardous waste, timber sales & projects underway excluded
- No previous bond claims or defaults for business
To review the changes in detail, please click here.
We have access to the SBA Bond Guarantee Program!
The SBA Guarantee Program is a federal program that can help small contractors get bonded so they can bid on public jobs for city, county and state entities.
For more information on how the SBA Bond Guarantee Program can benefit your contractor clients, contact Nicole McGee.
