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Monthly Archives December 2012

SBA 7(a) Program Eligibility: “Affiliation”

Posted by Prudent Lenders in SBA 7(a) Lessons Learned – SBA Question? - Ask the Experts with No Comments

As we mentioned in earlier posts, eligibility is a “black and white” issue: during SBA’s guaranty purchase review, if SBA concludes that a loan or borrower was ineligible at the time of loan approval SBA will deny the guaranty (if the lender had delegated authority under the PLP or other similar programs, or if the […]...

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