Use a Debarred Loan Broker, Lose Your Guaranty
May 30, 2013
By Bob Coleman
Editor, Coleman Report
If you accept a package from a loan broker that has been suspended or debarred from participating in the SBA loan program, your guaranty is null and void.
So, how do you know?
Here you can locate entities and individuals who have been suspended and/or debarred, by SBA’s lending offices, from doing business with the federal government. Parties are listed alphabetically.
SBA List of Suspensions and Debarments