SBA Hot Topic Tuesday—SBA Program Changes Now Official
April 22, 2014
By Bob Coleman
Editor, Coleman Report
SBA Hot Topic Tuesday—SBA Program Changes Now Official
The personal resource test is officially gone. The nine-month exclusion rule for 504 loans is gone. And CDCs must now operate as a real business.
J.D. Harrison of the Washington Post offers this nice recap.
Updated SBA Forms
Secondary Participation Guaranty Agreement (Updated 4/21/14)
Guaranty Loan Status & Lender Remittance Form (Updated 4/16/14)