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Physical damage loans
… or personal property owner, you may apply to SBA for a loan to help you recover from a disaster. Apply for a home and personal property loan Apply now Eligibility Homeowners may apply for up to … applicants unable to obtain credit elsewhere: The interest rate will not exceed 4% SBA will determine whether an … -
7(a) secondary market
… As a lender, you can sell the guaranteed portion of an SBA loan, increasing your liquidity and enabling you to issue … Guide outlines the methods for Secondary Market sales of loan and pool certificate interests. The Guide also explains … the SBA Form 1502 report and payment due dates. Multi-party agreements These template agreements are used for … -
Become an SBA lender
… Security SBA will purchase the guaranteed portion of a loan if a borrower defaults. More clients Work with borrowers … lenders SBA has three business loan programs: 7(a), CDC/504, and Microloan. Each program has its own lending … to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land, … -
About COVID-19 EIDL
… About COVID-19 EIDL This federal small business loan program supports small businesses’ recovery from the … of May 6, 2022, SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of … directly from SBA that must be repaid; low-interest, fixed-rate, long-term loan to help overcome the effects of the … -
Post-servicing actions
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Economic Injury Disaster Loans
… injury may be eligible for an SBA Economic Injury Disaster Loan (EIDL). Content If you’ve been impacted by the COVID-19 … learn more about a COVID-19 Economic Injury Disaster Loan (EIDL) . If you have suffered substantial economic … No interest accrual for the first 12 months The interest rate will not exceed 4% Maturity Up to 30 years, with … -
Liquidation Process
… from any such loans against collateral securing the SBA loan, please be aware that proceeds from sale of collateral … based on relative lien position as required by the SBA Loan Authorization. SBA also would expect that prudent and … that person’s position, the time spent and the hourly rate. The following pleadings should be submitted to the SBA … -
Operate as an intermediary
… Content Conditions between intermediaries and SBA Loan amount An intermediary may not borrow more than $750,000 … non-federal sources, an amount equal to 15 percent of any loan that it receives from SBA. The contribution may not be … The loan must be repaid within 10 years. Interest rate The interest rate is equal to the rate applicable to … -
Guaranty Purchase Process
… to determine if lenders have complied with the SBA loan authorization, SBA requirements, and prudent lending … in a guaranty purchase package depends on the type of loan, use of proceeds, collateral, and other factors. Learn … days of accrued interest from liquidation proceeds. The rate of interest is the rate in effect on the day that the … -
CDC/504 loan program
… CDC/504 loan program Access program updates, information, forms and regional loan servicing pages for CDCs authorized by SBA to issue 504 loans, or find a CDC near you. Become a CDC Log in to … -
SBA account login and registration portals
… to update your SBA business profile. Content Loans MySBA Loan Portal Borrowers applying for SBA disaster loans can use the MySBA Loan Portal to apply and check the status of their … only available for guaranty-purchased SBA-serviced loans) 504 loans (only debenture-purchased loans) For other SBA … -
Get help with your PPP loan
… Get help with your PPP loan SBA offers free counseling and training events to help … Get free business counseling Search nearby Check your loan status Lenders typically decide when to submit individual PPP loan applications to SBA. Therefore, any questions or … -
Military reservist loan
… Military reservist loan If you have an essential employee who is a military … The maximum Military Reservist Economic Injury Disaster Loan (MREIDL) amount is $2 million. The amount of each loan … No interest accrual for the first 12 months The interest rate is 4% Maturity Up to 30 years, depending on ability to … -
7(a) / Express servicing
… outlined in SOP 50 57-2 , Chapter 6 and Chapter 8, in the loan file for future SBA review to determine if the actions … commercial lending practices) and complied with applicable loan program requirements. When taking action that falls … authority, the lender is encouraged to notate the loan file with a statement such as, "This action was taken … -
Protect yourself from scams and fraud
… to look out for to protect your business from grant fraud, loan fraud, or phishing schemes related to SBA economic … or personal property owner, you may apply to SBA for a loan to help you recover from a disaster. If you own a … private non-profit organizations may apply to SBA for a loan to recover after a disaster. Small businesses, small … -
Lender Match connects you to lenders
… a curated list of lenders who express interest in your loan. 3. Talk to lenders Compare rates, terms, fees, and more. 4. Apply for a loan Submit loan applications and paperwork. You're well on your way to … -
Disaster Loan Servicing Center (Birmingham, AL)
… Disaster Loan Servicing Center (Birmingham, AL) Get support servicing … Actions Borrower’s Consent to Verify Information and Third-Party Authorization Contact Us Disaster Loan Servicing Center … -
Office of Capital Access
… (OFPO) originates, services, and liquidates 7(a), 504, physical disaster, EIDL, and military reservist EIDL loans via a network of eleven loan processing centers across the country. OFPO’s mission is … to support the SBA’s Guaranty Loan Programs (7(a) and 504), Disaster Loans, Lender Match, Small Business Investment … -
Export finance programs
… 90% guaranty on export loans. Learn more about SBA export loan programs by contacting your local SBA Finance Manager … Administration’s Trade Finance Guide . Export Express loan Export Express lenders can directly underwrite a loan without getting prior approval from SBA, which allows …