David W. Starfield | Retired Senior Counsel

David was a co-founder and Senior Counsel of Starfield & Smith, P.C. In his legal capacity, David was actively involved in all aspects of SBA lending for over 30 years. David represented and assisted hundreds of lenders that participated in SBA’s lending programs.

  • SBA Financial Services award recipient
  • Former Counsel and Director to the National Association of Government Guaranteed Lenders’ Board of Directors
  • Life Fellow of the ABA’s American Bar Foundation for contributions to the legal profession
  • Writer, Instructor, Developer and Presenter of NAGGL courses and conference sessions

David Starfield | Retired Senior Counsel

David W. Starfield Starfield and Smith Attorneys

David was a co-founder and Senior Counsel of Starfield & Smith, P.C. In his legal capacity, David was actively involved in all aspects of SBA lending for over 30 years. David represented and assisted hundreds of lenders that participated in SBA’s lending programs.

  • SBA Financial Services award recipient
  • Former Counsel and Director to the National Association of Government Guaranteed Lenders’ Board of Directors
  • Life Fellow of the ABA’s American Bar Foundation for contributions to the legal profession
  • Writer, Instructor, Developer and Presenter of NAGGL courses and conference sessions

Representative Matters Highlights

Involvement with virtually all facets of SBA lending for our hundreds of clients

Former counsel, instructor, and speaker for NAGGL

Past recipient of the SBA Financial Services Champion of the Year award (Eastern PA), NAGGL’s Distinguished Service Award, and NAGGL’s Instructor of the Year Award

“Life Fellow” of the ABA’s American Bar Foundation for his contributions to the legal profession

Education

  • University of Southern California School of Law – J.D.
  • Alfred University – B.A.

Honors & Awards

  • 2012 “Distinguished Service Award” – National Association of Government Guaranteed Lenders
  • Selected for inclusion in Super Lawyers- Pennsylvania 2021 (Banking, Business/Corporate, Real Estate)
  • 2009 “Financial Services Champion of the Year” – SBA Philadelphia District
  • 2004 “Instructor of the Year” – National Association of Government Guaranteed Lenders
  • AV® Preeminent™ Rated by Martindale- Hubbell

Publications

  • “Proving and Sourcing Equity Injection Under the SOP 50 10 5 (J), Including a Guide for Getting the SBA Loan Guarantee Honored on Early Defaulting Loans,” NAGGL Newsflash, 2018
  • “Documenting Ownership Under SOP 50 10 5 (K),” NAGGL Newsflash, 2019
  • “Practices Designed to Enhance the Small Business Concern’s Loan Closing Experience,” NAGGL In Focus Newsletter, 2016
  • “Beyond the SOPs: Minimizing the Legal Risks Faced by SBA Lenders,” NAGGL In Focus Newsletter, February 2014
  • “Will US Tax Court Case Impact Utilizing 401(K) and IRA Rollovers for Equity Injection When Financing SBA Guaranteed Loans?,” NAGGL In Focus Newsletter, August 2013
  • “SBA Continuing to Streamline Rules for Change of Ownership Transactions,” NAGGL In Focus Newsletter, March 2013