Wednesday, March 12, 2014 12:00 AM

2014 SBA Lending Update


By: Joe Berlin, Judd Olson, Jeff Kenneweg
Tags: None


SBA Lending Update – March 2014It is important to stress that when conducting any work for governmental lending programs (e.g. Small Business Administration (SBA)) dotting every “I” and crossing every “T” is critical to closing the loan. The latest SBA environmental requirements are outlined in its Standard Operation Procedure (SOP 50-10-5(F), effective January 1, 2014). Although the SOP references the use of the 2005 vintage Phase I ESA standard (E1527-05), the SOP indicates that the most curre .... More

   

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