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Microloan Program Outcomes Evaluation
… and technical assistance offered through intermediary lenders. The evaluation focused on participating Microloan borrowers and intermediary lenders in FY 2010 through FY 2019. In addition to examining … -
U.S. Small Business Administration Announces Strategic Alliance to Support Small Business Exporters
… the SBA and ITFA will work to educate exporters and lenders on financing methods and risk mitigation solutions … through education and technical training for both lenders and small businesses. Based on the findings of the … -
Guidance on the Return of Paycheck Protection Program (PPP) Loan Funds
… of this Notice is to provide guidance to Borrowers, Lenders, and Other Financial Intermediaries on the return of … (PPP) loan funds to SBA. This Notice also provides PPP Lenders with guidance on their responsibility to accept … -
7(a) Loan Approval for Borrowers with Unresolved COVID-19 Pandemic Loan Compliance Issues
… 172,598 7(a) loans, totaling $83.4 billion. The 7(a) lenders who have delegated approval authority approved 92 … this review. Prior to August 2023, neither SBA nor lenders reviewed approved 7(a) loans to ensure borrowers did … -
7(a) and 504 loans to Cooperatives and valuation requirements for 7(a) loans to ESOPs for changes of ownership
… of this notice is to revise SBA procedures to: Allow SBA Lenders to process loans to a cooperative or an eligible … authority. Upon the effective date of this notice, SBA Lenders may use their delegated authority to make loans to … -
504 Fees Effective During Fiscal Year 2025
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Verification Inspection of SBA’s 504 Loan Liquidation Process
… through a variety of sources, including private sector lenders, proceeds from selling SBA-guaranteed debentures, and … -
Policy updates to comply with Executive Order 14159 regarding citizenship requirements for obtaining 7(a) and 504 loans
… Standard Operating Procedure (SOP) 50 10 7.1 for 7(a) Lenders and 504 Certified Development Companies (SBA Lenders) to comply with section 20 of 90 FR 8443, “Protecting … -
SBA Information Notice 5000-865775
… SBA is revising certain fees payable to SBA by 7(a) Lenders (“Lenders”) and borrowers for the remainder of Fiscal Year 2025 … -
Franchisor Certification
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Distributor Certification
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Everett M. Woodel, Jr.
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SBA Now Accepting 2019 National Small Business Week Awards Nominations
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Jim Wilson of Bangor Savings Bank is SBA’s 2023 NH Financial Services Champion
… Commercial lending goes beyond the numbers and great lenders take the time to build trusted relationships with the … -
SBA Administrator Linda McMahon hails signing of the Economic Growth, Regulatory Relief, and Consumer Protection Act as a major boost for small businesses and job creation
… said. “As I meet with small business owners and community lenders all over the country, I constantly hear concerns that … businesses succeed or fail,” McMahon said. “Relieving lenders of some of these regulatory restrictions will give … -
Evaluation of the CARES Act Debt Relief to 7(a) Borrowers
… issue the subsidy payments quickly, SBA relied heavily on lenders self-certifying the loan status and payment amount … -
Evaluation of SBA’s Eligibility and Forgiveness Reviews of Paycheck Protection Program Loans Made to Borrowers with Treasury’s Do Not Pay Data Matches
… disbursed and used. As a result, during PPP round one, lenders approved and disbursed 1,799 loans totaling over $89 … SBA’s review decisions. By projection, we estimate that lenders disbursed, and SBA forgave, 12,234 of 25,634 loans … -
CDC Best Practices Guidance - Findings of No Unremedied Substantial Adverse Change
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City of Miami Police Officer Pleads Guilty to COVID-19 Relief Fraud