As we’ve seen over and over the last few years, communities across the United States have been devastated by storms and resulting floods that have destroyed homes and businesses alike.…
The SBA imposes occupancy requirements when loan proceeds include the purchase of an existing building or for new construction. These requirements are designed to ensure that the borrowing entity’s business…
One of the most important conditions in underwriting, documenting and properly closing an SBA loan is making sure that the use of loan proceeds complies with, and is subsequently disbursed,…
