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 CPC request process. It is hoped that CPC package standardization will reduce common errors found in CPC requests, decrease CPC processing time, and allow lenders to be reimbursed more quickly.
In order for payments to be processed in a timely manner, NGPC strongly suggests that lenders submit CPC requests using the CPC tabs.
If you wish to have expenses reimbursed at the time of purchase, please complete the CPC Tabs and attach them behind Tab 10 of your purchase package. If the SBA has already purchased the guaranty, please submit the reimbursement request to the email, fax or physical address listed on the first page of the CPC Tabs. Please note, SBA requires copies of detailed invoices to support all expenses deducted from liquidation proceeds.
A “CPC Status and Payment Statement” will be sent out to update you on the status of your expense reimbursement request. During the initial screening, you will be notified whether your request was accepted for review and processing, postponed, or rejected. After the expenses have been reviewed and processed by a loan officer, you will be notified whether the reimbursement was approved in full, partially approved, or denied.