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… 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 …

… 5000-868665 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 …

… an application Loan closing Instructions and forms for lenders to perform loan closing. Learn more about closing a …

… Office of Inspector General (OIG) Referrals For the Preferred Surety program, please see SOP 50 49. For claims … SOP 50 46 Claims and Recovery Program SOP SOP 50 49 Preferred Surety Bond Program Remove download button Off … …

… Monday, April 27 at 10:30AM EDT from approved lenders on behalf of any eligible borrower.  This will ensure … from this critical relief. “We encourage all approved lenders to process loan applications previously submitted by …

… found that SBA’s CA pilot program increased the number of lenders participating in SBA’s 7(a) loan program by approving 137 CA lenders. However, opportunities exist for SBA to enhance the … were also likely eligible for 7(a) loans. Additionally, CA lenders only provided M&TA on 34 percent of CA loans, and did …

… Bank Commercial lending goes beyond the numbers and great lenders take the time to build trusted relationships with the … at Enterprise Bank & Trust Co., in Salem. She works with lenders and small business communities throughout Rockingham … in elevating Enterprise Bank & Trust to one of the top SBA Lenders in NH. “We are excited to celebrate and recognize …

… Access Financial System contained a notice advising lenders and the public of the status of our lending programs. … our program office issued an Information Notice to notify lenders of items such as servicing actions, report filings, …

… noted an issue related to internal controls regarding the Preferred Surety Bond (PSB) bid bonds.  Specifically, one … for this review. The surety bid bond was approved by a preferred surety company on July 7, 2009, through the Surety …   The IPA recommended that the SBA 1 ) Continue to monitor preferred sureties to ensure it maintains all required …