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Biden-Harris Administration Announces New Development and Improvements on Loan Program Modernization to Expand Access to Capital for Small Businesses

… SBA loans, as part of a new Standard Operating Procedure (SOP ). Under the new rules, SBA lenders will now be able to …

Article Last updated February 6, 2025
https://www.sba.gov/article/2023/05/11/biden-harris-administration-announces-new-development-improvements-loan-program-modernization-expand
The Domino Effect

Success Story Last updated March 4, 2024
https://www.sba.gov/success-story/domino-effect
9-17 – Review of the Allegations Concerning How the Loan Management and Accounting System Modernization Project is Being Managed

… through SBA’s Clearance Procedures as outlined in SOP 00 23 6. As the Agency undertakes subsequent phases of … Information Technology (IT) Projects, December 2005. 10 SOP 90 47 2, Automated Information System Security Program, …

Document Last updated August 8, 2019
https://www.sba.gov/document/report-9-17-9-17-review-allegations-concerning-how-loan-management-accounting-system-modernization-project-being
Eric M. Thorson Inspector General U.S. Small Business Administration Before the Committee on Small Business and Entrepreneurship United States Senate November 13, 2007

… System; (3) Issuing a standard operating procedure (SOP) on conducting on-sight reviews; (4) Issuing regulations …

Article Last updated August 1, 2019
https://www.sba.gov/article/2007/nov/13/eric-m-thorson-inspector-general-us-small-business-administration-committee-small-business
SBA Administrator Loeffler Issues Memo on Day One Priorities

Article Last updated February 24, 2025
https://www.sba.gov/article/2025/02/24/sba-administrator-loeffler-issues-memo-day-one-priorities
Business Loan Program Improvements

… of CA SBLCs, SBLCs may only make 7(a) loans. Please see SOP 50 56 1: Lender Participation Chapter 1, Paragraph A.3, …

Article Last updated August 10, 2023
https://www.sba.gov/article/2023/08/10/business-loan-program-improvements
SBA Form 1502 and Instructions

Document Last updated May 31, 2024
https://www.sba.gov/document/sba-form-1502-sba-form-1502-instructions
Glossary of Business Financial Terms

Document Last updated July 2, 2018
https://www.sba.gov/document/support--glossary-business-financial-terms