Statement from SBA Administrator Karen Mills on the Revocation of EDF's Authority to Participate in the 504 Loan Program
… to Participate in the 504 Loan Program U.S. Small Business Administrator Karen Mills released the following … regulatory non-compliance grounds set forth, SBA issued a Final Agency Decision to permanently revoke EDF's ability … transfer its entire 504 portfolio of SBA loans to a third-party servicer acting on SBA's behalf. " For more …