September 13, 2016
By Bob Coleman
Editor, SBA Hot Topic Tuesday
SBA Hot Topic Tuesday — What is Happening in Sacramento?
With loan processing outages at the SBA 504 loan processing center.
I don’t know. So I ask. SBA tells me, “SLPC server issues have been resolved. CDC submissions are being received and processed in the center.
Then, I ask what is being done to prevent a recurrence?
SBA says, “In terms of preventing future meltdowns, we are a few weeks away from completing a migration off of the hardware SLPC has been relying on to new hardware in a more reliable commercial data center.”
You tell me.
Do you believe everything is working as intended now?
Is the outage as bad as it was last June?
How long is it taking to process a 504 loan request
We’ll publish the results tomorrow.