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Military reservist loan
… Military reservist loan If you have an essential employee who is a military … Eligibility The maximum Military Reservist Economic Injury Disaster Loan (MREIDL) amount is $2 million. The amount of … for an SBA MREIDL . Additional information Contact the SBA Disaster Assistance Customer Service Center at: Phone: … -
Become an SBA lender
… 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
… 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 … -
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 … -
Post-servicing actions
… 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 … sufficient to satisfy the debt owed on the SBA-purchased loan and verify that the loan is classified as “paid in full” … -
504 liquidations
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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 … -
Manage your EIDL
… historical information about COVID EIDL programs . View loan balance and make payments Create an account in the MySBA Loan Portal to monitor your loan status or to make payments. You are responsible for … -
Loan closing
… Loan closing Instructions and forms for lenders to perform loan closing. Content Closing documents Retain documents … SBA Form 722: Equal Employment Opportunity Statement Loan modification instructions For specific … -
COVID-19 Economic Injury Disaster Loan
… COVID-19 Economic Injury Disaster Loan Read about the COVID-19 EIDL program, which provided … is closed. Program summary The COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance programs provided … -
Recover from disasters
… you minimize financial loss when your business faces a disaster. Your business continuity plan should: Identify and … tools to adapt, reopen, and grow successfully through any disaster. Remote learning Taking advantage of business … you with the knowledge you need to recover from any disaster and develop strategies for growth. Here are a few … -
National Disaster Loan Resolution Center (Santa Ana, CA)
… National Disaster Loan Resolution Center (Santa Ana, CA) Obtain forms, contact information or upload documents for disaster loans in liquidation status. Login to E-Tran … -
Operate as a 7(a) lender
… Financial System (CAFS) CAFS is the primary system for loan origination and servicing for SBA’s loan programs. SBA lenders and other program participants … CAFS: Electronic Lending – Origination (E-Tran) – Submit loan guaranty requests Electronic Lending – Servicing … -
Article search
… Article keyword search Article type - Any - News release Disaster news release Congressional testimony Memo Op-ed … Area West Texas West Virginia Wichita Wisconsin Wyoming Disaster Field Operations Center East Disaster Field Operations Center West Office of Advocacy … -
PPP appeals
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Disaster Loan Servicing Center (El Paso, TX)
… Disaster Loan Servicing Center (El Paso, TX) Get support servicing your disaster loan through repayment assistance, collateral modifications … -
Operate as a CDC
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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 … sources. Repayment terms During the first year of the loan, an intermediary is not required to make any payments, … -
Mitigation assistance
… About mitigation assistance SBA offers low-interest disaster loans to homeowners and small businesses impacted … by declared natural and other disasters. Eligible SBA disaster loan borrowers may choose to receive expanded funding to help …