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MI 16533 - SBA Disaster Loans are Vital for Community Recovery, Now top $1 Million in Michigan for Severe Storms and Flooding
… As a result, SBA has opened a Virtual Disaster Loan Outreach Center/Business Recovery Center (VDLOC/VBRC) to help survivors apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at … application. The VDLOC/VBRC information: Virtual Disaster Loan Outreach Center/Business Recovery Center (VDLOC/VBRC) … -
AL 15462 - SBA Offers Working Capital Loans to Mississippi Small Businesses Following Secretary of Agriculture Disaster Declaration
… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
Audit Report 12-23R: 504 Recovery Act Loans were Originated and Closed in Accordance with SBA Policies
… included: loans approved that lacked creditworthiness; a loan approved with a collateral shortfall; and a loan approved as an existing business instead of a new business transaction. These four loans had improper loan approvals of $1,561,000. All four loans were current as … -
The OIG High Risk 7(a) Loan Review Program
… The OIG High Risk 7(a) Loan Review Program This report presents the results of our ongoing High Risk 7(a) Loan Review Program from March 2017 to August 2017 and an … report presents the results of our ongoing High Risk 7(a) Loan Review Program from March 2017 to August 2017 and an … -
NH 14916 - SBA Economic Injury Disaster Loans Available in New Hampshire Following Secretary of Agriculture Disaster Declaration for Sept. Drought
… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
NY 14996 - SBA Economic Injury Disaster Loans Available in New York Following Secretary of Agriculture Disaster Declaration
… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
LA 14667-08 SBA to Close Disaster Loan Outreach Centers in Homer, Leesville and Slidell
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SBA’s Guaranty Purchases for Paycheck Protection Program Loans
… SBA can forgive PPP loans if borrowers use loan proceeds as required. If the loan is not forgiven and the loan payment becomes more than 60 days past due, the lender … -
MS 14914 - SBA Economic Injury Disaster Loans Available in Mississippi Following Secretary of Agriculture Disaster Declaration
… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
NC 15067 - SBA Working Capital Loan Deadline Approaching in North Carolina Due to November 2016 Drought
… NC 15067 - SBA Working Capital Loan Deadline Approaching in North Carolina Due to November … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
FL 15135 - SBA Working Capital Loan Deadline Approaching in Georgia Due to March 2017 Drought
… FL 15135 - SBA Working Capital Loan Deadline Approaching in Georgia Due to March 2017 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
FL 15063 - SBA Working Capital Loan Deadline Approaching in Georgia Due to December 2016 Drought
… FL 15063 - SBA Working Capital Loan Deadline Approaching in Georgia Due to December 2016 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
SC 15070 - SBA Working Capital Loan Deadline Approaching in South Carolina Due to November 2016 Drought
… SC 15070 - SBA Working Capital Loan Deadline Approaching in South Carolina Due to November … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
FL 15131 - SBA Working Capital Loan Deadline Approaching in Florida Due to May 2017 Drought
… FL 15131 - SBA Working Capital Loan Deadline Approaching in Florida Due to May 2017 Drought … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
TN 15071 - SBA Working Capital Loan Deadline Approaching in Mississippi Due to November 2016 Drought
… TN 15071 - SBA Working Capital Loan Deadline Approaching in Mississippi Due to November 2016 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
GA 15174 - SBA Working Capital Loan Deadline Approaching in Florida Due to April 2017 Drought
… GA 15174 - SBA Working Capital Loan Deadline Approaching in Florida Due to April 2017 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
TN 15021 - SBA Working Capital Loan Deadline Approaching in Virginia Due to November 2016 Drought
… TN 15021 - SBA Working Capital Loan Deadline Approaching in Virginia Due to November 2016 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
Independent Loan Review Guide
… Independent Loan Review Guide This guide discusses best practices for … Development Company (CDC) compliance with certain 504 Loan Program Requirements. Support Independent Loan Reviews play an important role in a Certified … -
Audit of SBA's Controls over 7(a) Loans Sold on The Secondary Market
… did not communicate the results of their secondary market loan sale reviews to the National Guaranty Purchase Center and the Commercial Loan Servicing Centers. Also, SBA did not always provide … SBA did not properly determine lender compliance with loan program requirements for one of the loans reviewed. As a …