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The Small Business Administration ("SBA") released the much anticipated SOP 50 57 3, 7(a) Loan Servicing and Liquidation, which will go into effect on August 1, 2023. Click here to access the full SOP on the SBA’s website.
We will continue to highlight the various changes within the SOP. Watch your inbox for more of these newsletters to catch the details.
If your lending institution has questions regarding SBA requirements, or any other SBA lending matters, please contact us at SBAQuestions@JellumLaw.com.
This article is provided for general information and educational purposes only. It does not solicit, establish, or continue an attorney-client relationship. The contents should not be construed as legal advice or opinion.
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