Events

SOP 50 56 1 Lender Participation Requirements is Effective August 1, 2023 • Criteria for 7(a) Lenders and Certified Development Companies to participate in SBA lending programs;• The different types of delegated authority SBA grants to SBA Lenders;• How SBA Lenders maintain their participating status with SBA;• A brief overview of how SBA oversees its…

The SBA SOP 50 57 3.1 sets forth the standard operating policies and procedures of the Small Business Administration (“SBA”) that apply to the administration of 7(a) Loans that have been fully disbursed and are in “regular servicing” or “liquidation” status. This edition is effective as of December 1, 2024. Paperback Available on Amazon for…

SOP 50 10 contains SBA’s loan origination policies and procedures governing the 7(a) and 504 loan programs. SOP 50 10 8 was announced on April 22, 2025. The technical updates to this SOP were issued May 28, 2025. SOP 50 10 8 is divided into three sections:Section A: Core Requirements for all 7(a) and 504…

Delve into the gripping pages of Bob Coleman’s just released book, “Easy Money, Hard Time,” and discover the unsettling true tales of 19 individuals who exploited a global crisis for financial gain through PPP loan fraud.  Order your copy from Amazon now and immerse yourself in the eye-opening true tales of opportunistic fraud! Available on…