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… Loan closing Instructions and forms for lenders to perform loan closing. Content Closing documents Retain documents Lenders should retain these …

… CDC/504 loan servicing Certified Development Companies submit … hundreds of unilateral servicing actions to a Commercial Loan Service Center every month. Content Unilateral actions … for their decision and retain these and all supporting documents in their file for future SBA review to determine if …

… 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 … primary lender will submit a Post Purchase Review (PPR) documents package. Instructions for preparation of the PPR …

… SBA debt relief SBA offers debt relief to existing SBA loan borrowers whose businesses have been impacted by … debt relief to borrowers was originally dependent on the loan being fully disbursed prior to September 27, 2020 and … Notice 5000-20030   Procedural Notice 5000-20015   Other documents Information Notice 5000-20087   Information Notice …

… 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 … any of the same collateral that secures the SBA-guaranteed loan or not, the lender must not take any action that will …

… for their decisions and retain these and supporting documents, as 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 …

… to this group. Requests should be sent to the Commercial Loan Service Center (CLSC) . How do I submit an Offer in … Deadline for lender resolution of an SBA purchased loan 7(a) Lenders must resolve SBA-purchased loans as … efforts after assignment of the appropriate loan documents by lender to SBA; further collection efforts may …

… 504 liquidations The Commercial Loan Service Center is responsible for the 504 liquidation … request the debenture purchase and classification of the loan into liquidation status when: The loan is 60 or more … reasonable and cost-effective recovery efforts. Forms and documents Protective Bid Analysis (Exhibit A) 504 Litigation …

… Security SBA will purchase the guaranteed portion of a loan if a borrower defaults. More clients Work with borrowers … requirements for lenders SBA has three business loan programs: 7(a), CDC/504, and Microloan. Each program has … of each, then decide which program is best for you. 7(a) loan program Banks, savings and loans, credit unions, and …

… 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 …

… 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 …

… online portal which CDCs can use to electronically submit loan guaranty packages and loan servicing request packages. CDCs may also use E-Tran to … must document the reasons for your decisions. Keep those documents for SBA to review. 504 liquidation For 504 loans …

… 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 is limited to the actual economic injury as calculated …

… 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 …

… Financial System (CAFS) CAFS is the primary system for loan origination and servicing for SBA’s loan programs. SBA lenders and other program participants … with the request, justification, analysis, and all documents relied upon to make the decision memorialized in …

… liquidation Lenders are required to notify the Commercial Loan Service Center (CLSC) by reporting the loan in liquidation status on the 1502 Report or updating the … Unit FSC.purchasing@sba.gov Phone: 800-347-0922 Submit documents: CLSC - Fresno Purchasing  (box.com) Last updated …