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Entering a 7(a) Loan Into Liquidation

See the information below from SBA and the National Guaranty Purchase Center on entering a 7(a) loan into liquidation.

  • CPC Reimbursement Request

    Requesting Reimbursement for Care and Preservation Expenses Due to the success of the NGPC 10 Tab Purchase System, the NGPC has developed a CPC Tab System designed to standardize and simplify the...

  • Request Liquidation Transfer Status

    How to request liquidation status transfer The process begins when you notify SBA to reclassify a loan into liquidation status. Therefore, before any action can be done at the NGPC the loan will...

  • Reporting & Site Visit Requirements

    Reporting Requirements There is a dual reporting requirement on loans in liquidation. On a monthly basis, all SBA loans are reported on the SBA 1502 report. When the loan is transferred into...