SOP 50 10

Lender and Development Company Loan Programs

SOP 50 10 contains SBA’s policies and procedures governing the 7(a) and 504 loan programs.

SOP 50 10 7 will become effective August 1, 2023, and will apply to all applications received by SBA on or after that date. SBA Lenders must continue to use SOP 50 10 6 until July 31, 2023.

SOP 50 10 is divided into three sections.

  • Section A: Core Requirements for all 7(a) and 504 loans
  • Section B: 7(a) Loan Program requirements
  • Section C: 504 Loan Program requirements.

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Effective: August 1, 2023
Owned by: Office of Capital Access
Related Programs: 7(a), CDC/504, Community Advantage

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Last updated May 30, 2023