THIS JUST IN! — Herndon to Purchase all SBA 7(a) Small Loans, Fresno Becomes the Lead Contact for Loan Servicing Center Actions

April 30, 2025

Bob Coleman
Founder & Publisher

THIS JUST IN! — Herndon to Purchase all SBA 7(a) Small Loans, Fresno Becomes the Lead Contact for Loan Servicing Center Actions

Citing greater efficiency and a better “customer service” experience, Fresno will be the point of contact for all SBA loan servicing actions.

And the National Guaranty Purchase Center in Herndon will now handle all SBA 7(a), regardless of amount. This includes all small 7(a) loans less than $350,000 — telegraphing SBA’s intent to add an additional layer of scrutiny for small loans with minimal collateral. 

Guaranty purchase packages for small 7(a) loans were previously processed by the Fresno and Little Rock Servicing Centers.

SBA Express, Export Express, Community Advantage and Pilot Program loans not sold on the Secondary market must now be submitted to Fresno.

Herndon will process secondary market purchases for all 7(a) loans. Lenders must submit a complete Universal Purchase Package within 45 calendar days of the purchase.

Read SBA’s email here.