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Best Practices: SBA Requirements for Historic Registry Properties

Section 106 of the National Historic Preservation Act requires Federal agencies to consider whether their federally-funded projects directly or indirectly adversely impact properties and sites that are listed or eligible…
  • January 18, 2023
  • Janet M. Dery

Best Practices: Common Insurance Errors and Their Impact on the SBA Guaranty

Insurance requirements are different for every loan and are based on the type of collateral being taken, the type of business that is borrowing funds and the project for which…
  • January 11, 2023
  • Jessica L. Conn

Best Practices: The Burden of Proving Your Guaranty Purchase Case

In the American criminal justice system, defendants are afforded a presumption of innocence which is derived from the fifth and fourteenth amendments to the Constitution. This standard, which has been…
  • January 4, 2023
  • Ethan W. Smith

Best Practices: The Importance of Lien Release Language in Payoff Letters

Failure to obtain the proper lien position on collateral is one of the most common reasons for a repair of the SBA guaranty, but the good news is lenders can…
  • December 14, 2022
  • Katie O'Brien

Best Practices: Proposed Rule: Changes to Hazard Insurance Requirements for Smaller Loans

The U.S Small Business Administration (SBA) proposed to amend various regulations governing the SBA’s 7a loan and 504 loan programs, one of which is a change in the required collateral…
  • December 7, 2022
  • Allen Connor

Best Practices: The SBA Is Bringing False Claims Act Cases Against PPP Lenders

The amount of PPP loan fraud that has apparently occurred is astonishing. Government investigations have determined that the amount of fraudulent PPP loans is in the tens of billions of…
  • November 30, 2022
  • Norman E. Greenspan
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