On April 22, 2025, the U.S. Small Business Administration (“SBA”) released Information Notice 5000-866746, announcing the issuance of SOP 50 10 8 (“SOP”) (found here), which introduces significant changes to the SBA 7(a) loan program. Effective June 1, 2025, these revisions largely reinstate pre-2021 underwriting criteria by adjusting loan size limits, clarifying eligibility requirements, and restoring several longstanding SBA policies.