SBA Hot Topic Tuesday—SBA Program Changes Now Official

April 22, 2014

By Bob Coleman
Editor, Coleman Report

SBAForm1502SBA 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)