SBA Notice 5000-20004 Deferments on SBA 7a 504 and Microloans

Due to the COVID-19 outbreak, the SBA has put forth a notice reminding Certified Development Companies, Microloan Intermediaries and 7(a) lenders of their ability to defer payments to existing borrowers under certain circumstances. We wanted to ensure that you are aware of this notice.

SBA Notice 5000-20004 Deferments on SBA 7a 504 and Microloans

Prudent Lenders is a lender service provider (LSP), which means we’re here to help financial institutions like yours implement and manage SBA loan programs.