Funding Circle announced that have received a formal notice from the US Small Business Administration (SBA) that application has resulted in a tentative award for an SBA Small Business Lending Company (SBLC) license to participate in its flagship 7(a) small business loan program. The SBA?s decision to grant Funding Circle one of the first SBLC licenses since 1982 is part of the Biden-Harris Administration?s efforts to modernize the agency and address persistent gaps in access to capital impacting small business owners and to grow the economy.