protection, it must send to the SBA field office the items required in ...... For most wholesale businesses, the applicant and its affiliates cannot have more than 100 ...
SOP 50 10 5(B) Lender and Development Company Loan Programs
U.S. Small Business Administration Office of Financial Assistance
SOP 50 10 5(B) TABLE OF CONTENTS SUBPART A .................................................................................................................................. 6 Purpose of this Subpart ................................................................................................................ 6 Chapter 1: 7(a) Lenders ............................................................................................................... 6 I. The 7(A) Loan Program ...................................................................................................... 6 II. Becoming a 7(A) Lender .................................................................................................... 6 III. How SBA Oversees 7(A) Lenders .................................................................................... 14 IV. Types of 7(A) Lenders ...................................................................................................... 18 Chapter 2: Small Business Lending Companies ...................................................................... 49 I. A Small Business Lending Company (“SBLC”) Is: 13 CFR 120.460-490 ...................... 49 II. Process for Applying to Become an SBLC....................................................................... 49 Chapter 3: Certified Development Companies ........................................................................ 51 I. The 504 Loan Program ..................................................................................................... 51 II. Becoming A CDC ............................................................................................................. 51 III. The Process of Applying to Become a CDC .................................................................... 58 IV. SBA Oversight of CDCs ................................................................................................... 60 V. Types of CDCs .................................................................................................................. 65 VI. Area of Operations ............................................................................................................ 73 SUBPART B ................................................................................................................................ 79 Purpose of this Subpart .............................................................................................................. 79 Chapter 1: General Description of the 7(A) Loan Programs ................................................. 79 I. Various Delivery Methods ................................................................................................ 79 II. Use of Loan Proceeds ....................................................................................................... 79 III. Summary of Delivery Methods and Pilot Loan Programs ................................................ 79 IV. Various Specialized Programs .......................................................................................... 82 V. Special Purpose Loans ...................................................................................................... 84 VI. Definitions Applicable to the 7(A) Loan Programs .......................................................... 84 Chapter 2: Eligibility for 7(A) Guaranty Loan Program........................................................ 85 I. Introduction ....................................................................................................................... 85 II. Summary of Eligiblity Requirements ............................................................................... 85 III. Eligibility Requirements ................................................................................................... 86 The Small Business Must be Organized for Profit. .......................................................... 86 T
May 1, 2015 - to the SBA field office the items required in paragraph 2.b) below for Non-Federally ...... discounts) of resale goods in wholesale distribution;.
for protecting the confidentiality of the user password and the 7(a) lender risk rating and confidential information and for ensuring the security of the data. See 13 ...... e) For further guidance on the LLRF, see the table at the end of this chapte
PURPOSE OF THIS SUBPART. This subpart contains the requirements for lenders and Certified Development Companies. (CDCs) to participate in SBA lending programs. This subpart also explains the different levels of delegated status SBA grants to lenders
The Small Business Applicant Must Demonstrate a Need for a Guaranty on the Loan. .......... 84. Ineligible Types Of Businesses . ...... close, service, and liquidate most SBA guaranteed loans without prior SBA review. 1. The PLP Lender ...... answeri
If the DDD concurs with either your recommendation or that of the ADD/ED, the action is .... Financing Statement filings with the appropriate data input. You must:.
(1) This SOP provides 7(a), 504, and direct business loan policies to follow for servicing all loans. These policies were established based on sound lending practices derived from the experience of SBA loan servicing officials like you. On occasion,
(1) For use in planning and conducting on-site reviews or examinations; ...... For most wholesale businesses, the applicant and its affiliates cannot have more.
Chapter 1: General Description of the 7(A) Loan Programs ................................................. ...... does not appear on the Registry, the lender must review the agreement to ...... site dry cleaners in operation for more than five years
Oct 1, 2014 - that to the best of its knowledge, the lender has satisfactory: i) ..... When using the SBA-approved lender decal icon on a website, the lender ... A lender's usage of the window/building decal and any identical decal icons on its.
responsibility for screening applicants and loans for SBA eligibility. SBA ...... and part of the specification for loan origination software packages, which will make.
of the Comptroller of the Currency, the Office of Thrift Supervision, the National Credit .... A copy of the most recent audited financial statements of the lender. xiv.
or the lender has the option of submitting the franchise agreement to SBA for an ...... information regarding my immigration status to [name of lender], because.
submission of complete and accurate loan guaranty application packages; ...... d) Professional services contracts, with the exception of those for accounting.
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