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About Jessica L. Conn

Best Practices: Revised SBA Form 1919 Analysis: Part 2 – Applicant Business

Pursuant to SBA Information Notice 5000-17007, effective October 12, 2017, SBA has issued a revised Form 1919. As mentioned previously, the form has been divided in order to provide greater…
  • January 24, 2018
  • Jessica L. Conn

Best Practices: Revised SBA Form 1919 Analysis: Part 1 – Who is Required to Sign?

Pursuant to SBA Information Notice 5000-17007, effective October 12, 2017, SBA has issued a revised Form 1919. One of the most notable changes is that Form 1919 is now split…
  • October 25, 2017
  • Jessica L. Conn

Best Practices: Calculating Rent under the EPC/OC Rule

Most lenders know the EPC/OC rules, but calculating the proper rent payment on an EPC/OC lease can be complicated. The SBA does not permit lenders to make SBA loans to…
  • April 19, 2017
  • Jessica L. Conn

Best Practices: A Refresher on Source of Equity Injection

For SBA lenders, proving equity injection is a critical part of the due diligence process since failure to properly do so can result in a denial of the guaranty. With…
  • October 12, 2016
  • Jessica L. Conn

SBA’s Final Rule: Changes to Affiliation Regulations

On June 27, 2016, SBA issued a Final Rule on regulations related to affiliation analysis. This rule will be effective as of July 27, 2016. As was true for the…
  • July 6, 2016
  • Jessica L. Conn

Best Practices: Closing Instruction Letters

The last few days before a closing can be a hectic time. Each party has its own responsibilities and everyone must make sure that there is an agreement as to…
  • January 20, 2016
  • Jessica L. Conn
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