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SBA Celebrating “Encore Entrepreneurs”
… On Friday, August 5th at 9:00 am , an experienced Loan Officer will lead SBA’s free “Loans to Start, Run, and … local banker will explain how to prepare a successful SBA loan application, and the workshop will conclude with a … -
PR 16253 - SBA Representatives Available at FEMA Disaster Recovery Centers
… with approved loans to set appointments to close their loan. The disaster declaration covers Adjuntas, Aguada, … -
Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on Establishing Dedicated Hours for Small Lender Submissions of PPP Applications
… efficiently: “In order to ensure special access to the PPP loan program for the smallest lenders and their small … this reserved processing time today will enhance the SBA’s loan system performance for all users who submit loans … -
SBA Proposes Rule to Eliminate Regulations that Exclude Faith-Based Organizations from Seven SBA Programs
… certain faith-based organizations from seven business loan and disaster assistance programs. These programs … include the Intermediary Lending Program (ILP), Business Loan programs (7(a), Microloan and 504 programs), Economic Injury Disaster Loan (EIDL) program, Military Reservist Economic Injury … -
SBA Amends Disaster Declaration for California
… County. Although the deadline to apply for a disaster loan for physical damages was Nov. 12, 2021, private … -
Settlement Sheet (Use of Proceeds Certification)
… The purpose of this form was to document and verify that loan proceeds were disbursed in accordance with the … into the business prior to the Lender disbursing any loan proceeds. This form was for use for all 7(a) loans and … -
Report 15-14: SBA's Controls to Prevent Duplication of Benefits with Community Development Block Grants
… CDBG Program is to provide timely, accurate, and complete loan information to HUD grantees that administer the grants … a few instances where SBA did not timely annotate in the loan file that a grant had been awarded. However, no … duplicated since the disaster survivor had not requested a loan, loan reinstatement, reconsideration or reacceptance, or … -
Report 9-08 – Audit of the Liquidation Process at the National Guaranty Purchase Center
… loans that are made by participating lenders. Upon loan default, SBA authorizes participating lenders to … become necessary, to completely liquidate or sue upon the loan instrument. During the liquidation process, the Center … as necessary. When no further recovery is expected on a loan, the Center also performs a comprehensive review of the … -
Consolidation of Initial Disaster Assistance in Response to Hurricanes Harvey, Irma, and Maria
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Universal Purchase Package (UPP) - Accessible version
… one document to request SBA honor its guaranty on all 7(a) loan types in their portfolio regardless of size and program … Community Advantage SBA form Request to Honor SBA 7(a) Loan Guaranty SBA form 1149 Lender's Transcript of Account SOP 50 57 7(a) Loan Servicing and Liquidation Support Universal Purchase … -
Universal Purchase Package (UPP)
… one document to request SBA honor its guaranty on all 7(a) loan types in their portfolio regardless of size and program … Community Advantage SBA form Request to Honor SBA 7(a) Loan Guaranty SBA form 1149 Lender's Transcript of Account SOP 50 57 7(a) Loan Servicing and Liquidation Support Universal Purchase … -
SBA Adjusts Size Standards to Expand Lending & Contracting Opportunities
… more small businesses to become eligible for the SBA’s loan and contracting programs. The interim final rule was … SBA-guaranteed 7(a) and 504 Certified Development Company loan programs, which were established under the Small … interim alternative size standards for the 7(a) and 504 loan programs will remain in effect until the SBA establishes … -
Deadline Approaching for Private Nonprofit Organizations in the Confederated Tribes of the Colville Reservation
… 21, 2022, deadline to apply for an SBA federal disaster loan for property damage caused by wildfires that occurred … The interest rate is 2 percent with terms up to 30 years. Loan amounts and terms are set by SBA and based on each …