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The SBA Express loan program reduces the number of Government mandated forms and procedures. It also streamlines the processing and reduces the cost of smaller, less complex SBA loans. Particular features of the SBA Express loan program include: (1) SBA Express loans carry a maximum SBA guaranty of 50 percent; (2) SBA Express lenders use, to the maximum extent practicable, their own documentation, analyses, policies and procedures; and (3) a response to an SBA Express loan application will be given within 36 hours. The Export Express Program, made permanent by the Small Business Jobs Act, makes guaranteed financing available for export development activities. SBA plans to codify specific guidance on these two 7(a) delivery methods as well as the CARES Act authorization to permanently increase the maximum loan amount from $350,000 to $500,000 for SBA Express, which is effective October 1, 2021.