Search
-
-
Consolidated Results of the Office of Inspector General High Risk 7(a) Loan Review Program
… more than $8.5 million. To date, SBA has contacted the lenders to obtain additional information to mitigate the … has recovered more than $4 million in guaranty payments to lenders on 5 of the 11 loans. Office of Inspector General … -
Report 12-18: A Detailed Repayment Ability Analysis is Needed on High-Dollar Early-Defaulted Loans to Prevent Future Improper Payments
… loans was not effective in identifying whether lenders were clearly negligent in determining the borrowers’ … that the SBA perform a detailed analysis of the delegated lenders’ computation of repayment ability on all high-dollar … -
Report 11-16 - Banco Popular Did Not Adequately Assess Borrower Repayment Ability When Originating Huntington Learning Center Franchise Loans
… and April 2011 in response to a complaint alleging that lenders improperly originated Small Business Administration … of 7( a) loan program rules, alleged in part that lenders approved the loans based on inflated gross revenue … -
Consolidated Results of the OIG High Risk 7(a) Loan Review Program
-
Management Alert Paycheck Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List
… Management Alert to alert SBA about improper payments to lenders for potentially ineligible recipients of loans under … for loss in terms of the risk of improper payments to lenders for amounts ineligible for forgiveness as well as any … that have not been fully disbursed and follow-up with the lenders to stop $280 million in potential improper loan … -
Duplicate Loans Made Under the Paycheck Protection Program
… to detect and prevent duplicate PPP loans. As a result, lenders made more than one PPP loan disbursement to 4,260 … active at all times Strengthen controls and guidance for lenders to ensure lenders meet program requirements for future PPP type … -
SBA’s Paycheck Protection Program Loan Review Processes
… SBA’s online loan forgiveness platform used by lenders to submit forgiveness requests is adequate to support … statutory requirement to remit forgiveness payments to lenders. SBA did not meet the 90-day requirement for 98.2 … payment promptly creates uncertainty for borrowers and PPP lenders who are unsure if SBA will forgive their loans. We … -
Universal Purchase Package (UPP) - Accessible version
… Support The Universal Purchase Package (UPP) provides lenders with one document to request SBA honor its guaranty … -
Universal Purchase Package (UPP)
… Support The Universal Purchase Package (UPP) provides lenders with one document to request SBA honor its guaranty … -
SBA’s Awarding of Small Business Lending Company Licenses
… SBLC licenses. The three new SBLC licenses were issued to lenders focused on underserved markets, including small … performance measures and the applicant’s affiliation with lenders or lender service providers previously sanctioned by … -
SBA Procedural Notice 5000-866498
… 5000-866498 The purpose of this Notice is to advise 7(a) Lenders and Certified Development Companies (CDCs) that effective March 27, 2025, SBA Lenders must enter the date of birth for all owners of an … -
COVID-19 relief options
-
Loan Guaranty Processing Center (Citrus Heights, CA and Hazard, KY)
… an application Loan closing Instructions and forms for lenders to perform loan closing. Learn more about closing a … -
Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program
… Monday, April 27 at 10:30AM EDT from approved lenders on behalf of any eligible borrower. This will ensure … from this critical relief. “We encourage all approved lenders to process loan applications previously submitted by … -
Audit of the SBA's Community Advantage Pilot Program
… found that SBA’s CA pilot program increased the number of lenders participating in SBA’s 7(a) loan program by approving 137 CA lenders. However, opportunities exist for SBA to enhance the … were also likely eligible for 7(a) loans. Additionally, CA lenders only provided M&TA on 34 percent of CA loans, and did … -
SBA’s 2024 New Hampshire Financial Services Champion Patricia Grauwiler of Enterprise Bank
… Bank Commercial lending goes beyond the numbers and great lenders take the time to build trusted relationships with the … at Enterprise Bank & Trust Co., in Salem. She works with lenders and small business communities throughout Rockingham … in elevating Enterprise Bank & Trust to one of the top SBA Lenders in NH. “We are excited to celebrate and recognize … -
Hearing on “Oversight of the U.S. Small Business Administration”
… Access Financial System contained a notice advising lenders and the public of the status of our lending programs. … our program office issued an Information Notice to notify lenders of items such as servicing actions, report filings, … -
SBA Data Show Major Increase in Loans to Latino-Owned Businesses under Biden-Harris Administration
-
SBA Administrator Guzman Celebrates National Veterans Small Business Week
… business loan application and hear tips directly from lenders. Register for the webinar . A second webinar, …