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… this week when an Information Notice was released to lenders. SBA communicated with its lending partners today … eligible small businesses, in consultation with their lenders, to choose to be placed in the queue for possible … if funding becomes available. Small business owners and lenders will have transparent access to the queue via …

… Lender Match, an SBA online site matching borrower with lenders -- sometimes in as little as two business days. “All …

… 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over $5 billion, between the program’s … from Monday through Thursday, joined Friday by smaller lenders. As of today, Jan. 19, the Paycheck Protection Program is open to all participating lenders.  “The SBA continues to help small businesses across …

… association. BAFT and SBA strive to tackle challenges both lenders and small businesses face when seeking the trade … and BAFT will work to educate small businesses and their lenders on the export financing solutions available in the … increase resources to BAFT members and grow the number of lenders offering SBA international trade products will expand …

… more than $8.5 million. To date, SBA has contacted the lenders to obtain additional information to mitigate the … has recovered more than $4 million in guaranty payments to lenders on 5 of the 11 loans. Office of Inspector General …

… loans was not effective in identifying whether lenders were clearly negligent in determining the borrowers’ … that the SBA perform a detailed analysis of the delegated lenders’ computation of repayment ability on all high-dollar …

… and April 2011 in response to a complaint alleging that lenders improperly originated Small Business Administration … of 7( a) loan program rules, alleged in part that lenders approved the loans based on inflated gross revenue …

… on the five loans and agreed to contact the lenders to obtain additional information to bring the loans … that’s not possible, SBA plans to seek recovery from the lenders. Office of Inspector General Effective: September 26, …

… Management Alert to alert SBA about improper payments to lenders for potentially ineligible recipients of loans under … for loss in terms of the risk of improper payments to lenders for amounts ineligible for forgiveness as well as any … that have not been fully disbursed and follow-up with the lenders to stop $280 million in potential improper loan …

… to detect and prevent duplicate PPP loans. As a result, lenders made more than one PPP loan disbursement to 4,260 … active at all times Strengthen controls and guidance for lenders to ensure lenders meet program requirements for future PPP type …

… SBA’s online loan forgiveness platform used by lenders to submit forgiveness requests is adequate to support … statutory requirement to remit forgiveness payments to lenders. SBA did not meet the 90-day requirement for 98.2 … payment promptly creates uncertainty for borrowers and PPP lenders who are unsure if SBA will forgive their loans. We …

… Support The Universal Purchase Package (UPP) provides lenders with one document to request SBA honor its guaranty …

… Support The Universal Purchase Package (UPP) provides lenders with one document to request SBA honor its guaranty …

… SBLC licenses.  The three new SBLC licenses were issued to lenders focused on underserved markets, including small … performance measures and the applicant’s affiliation with lenders or lender service providers previously sanctioned by …

… 5000-866498 The purpose of this Notice is to advise 7(a) Lenders and Certified Development Companies (CDCs) that effective March 27, 2025, SBA Lenders must enter the date of birth for all owners of an …

… 5000-866946 The purpose of this Notice is to inform 7(a) Lenders, Certified Development Companies (CDCs), together known as “SBA Lenders,” SBA employees, and Applicants and Borrowers of the …