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Disaster Loan Servicing Center (El Paso, TX)
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TechNotes Removal Letter
… ("SBICs") Subject: TechNote Cancellations Background. SBA issues TechNotes and policy letters periodically to provide guidance to SBICs on specific issues. SBA reviews its TechNotes and policy letters periodically to … current. Cancellations. As part of this periodic review, SBA determined that the following TechNotes can be cancelled: … -
Premier Certified Lenders Program (PCLP) Guarantee Request
… as part of the application package for a Section 504 Loan. SBA form 2234 (Part A) OMB Number 3245-0346 SBA FORM 2234 (Part A) Premier Certified Lenders Program … was last updated on January 18, 2018 to reflect the new SOP 50 10 5(J), which became effective January 1, 2018. … -
Premier Certified Lenders Program Security Agreement
… all PCLP CDCs when establishing a Loan Loss Reserve Fund. SBA form 2229 PCLP CDC must coordinate with its Lead SBA Field Office to execute and deliver an original copy of SBA Form 2229. Version 4/03 | File size: 1012KB | Download … -
IT Policy Archive
… The IT Policy Archive contains these four documents: SOP 90-52 — IT Investment Performance Baseline Management (PBM) Policy SOP 90-82 — Procedure for Managing SBA IT Investments – Investment Review Board (IRB) SBA Policy Notice 9000-2139 — SBA Open Source Software Policy … -
OIG High Risk 7(a) Loan Review Program
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High Risk 7(a) Loan Review Program
… in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … they originated and closed the loans in accordance with SBA’s requirements. Specifically, the lenders did not provide … As a result, the lenders’ material noncompliance with SBA requirements while originating and closing the loans … -
Audit Report 14-09: Purchase Reviews Allowed $3.1 Million in Improper Payments on 7(a) Recovery Act Loans
… Act loans and presents the results of an audit of the SBA purchase reviews on nine additional 7(a) Recovery Act … found that three 7(a) Recovery Act loans purchased by the SBA were not originated and closed in accordance with SBA rules and regulations. The deficiencies included loans … -
ROM 11-06– Material Deficiencies Identified in Five 7(a) Recovery Act Loans Resulted in $2.7 Million of Questioned Costs
… of $2.7 million and warrant immediate attention by the SBA. These loans are part of a judgmental sample of 25 … September 30, 2010. The audit found that lenders and the SBA did not originate and close the five 7(a) Recovery Act loans in accordance with the SBA’s rules and regulations, and commercially prudent lending … -
Office of Inspector General High Risk 7(a) Loan Review Program
… in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … they originated and closed the loans in accordance with SBA’s requirements. Specifically, the lenders did not provide … As a result, the lenders’ material noncompliance with SBA requirements while originating and closing the loans … -
Guidance on Participation Sales for PPP Loans
… with 13 CFR § 120.432(b). For purposes of PPP loans only, SBA’s prior written consent is not required and Lenders may … in PPP loans must be sold to Lenders that have a signed SBA Form 750, SBA Form 3506, or SBA Form 3507. The originating Lender must … -
Office of Inspector General High Risk 7(a) Loan Review Program
… in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … to support that it closed the loan in accordance with SBA’s requirements. Specifically, the lender did not provide … As a result, the lenders’ material noncompliance with SBA requirements while closing the loan resulted in a … -
Serious Concerns Regarding the Return of Paycheck Protection Program Funds
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Sept. 11 is Deadline for Mississippi Small Businesses Affected by Excessive Rain and Flooding to Apply for Working Capital Disaster Loans
… Loans ATLANTA – The U.S. Small Business Administration (SBA) is reminding Mississippi small businesses, small … nonprofit organizations, with terms up to 30 years. The SBA determines eligibility based on the size of the … resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. … -
Report 8-10 – Annual Credit Reviews for Gulf Coast Hurricane Disaster Loan Disbursements
… loans processed by the Small Business Administration (SBA). The audit objective was to determine the adequacy of SBA’s monitoring efforts to ensure that the financial status … all required financial documents were obtained, and (3) SBA took appropriate measures to cancel loans when there were … -
Hazelwood Café Serves Up Connections One Cup at a Time
… Hazelwood Café Serves Up Connections One Cup at a Time SBA Microloan Helps Young Entrepreneur Realize His Bean Dream … Gray relied on the U.S. Small Business Administration (SBA) to help turn a shuttered venue into a neighborhood gem. … he said. “I found out that Bridgeway Capital provided SBA Microloans and they accepted my proposal.” SBA Western Pa … -
National Small Business Week 2021 Virtual Summit Announced September 13-15
… perseverance, ingenuity, triumphs, and creativity. SBA Administrator Isabella Casillas Guzman announced National … and innovative startups, it’s my pleasure to announce the SBA’s annual National Small Business Week Summit,” said … look to pivot and recover toward a stronger economy. The SBA, along with our summit partner SCORE — the nation's … -
Celebrating National Veterans Small Business Week
… at home as small business owners. Linda McMahon Former SBA Administrator Linda McMahon served as the 25th … Administrator of the U.S. Small Business Administration (SBA) from 2017 to 2019. Read more about Linda McMahon With … communities. This week, October 30 through November 3, the SBA celebrates, connects and empowers entrepreneurs and … -
Deputy Administrator Dilawar Syed Visits Twin Cities for Small Business Engagements, White House AANHPI Economic Summit
… Saleem Karmaliani. The school was financed in part through SBA’s 504 Green Energy Program to purchase the building and … under the Biden-Harris administration. In 2023, SBA backed $59 million worth of loans to AANHPI owned small … previous year. Deputy Administrator Syed also shared how SBA’s historic reforms to democratize access to capital are …