Loan Liquidation
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The purpose of SOP 50 51 3 ("SOP") is to provide SBA personnel, Lenders and CDCs with standard operating policies and procedures for handling 7(a) and 504 Loans that are in default.
The purpose of SOP 50 51 3 ("SOP") is to provide SBA personnel, Lenders and CDCs with standard operating policies and procedures for handling 7(a) and 504 Loans that are in default.