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Best Practices: Lender’s Obligations during PPP Forgiveness

Now that the PPP loan program has closed to new PPP loan originations, lenders may shift their full attention back to the forgiveness process. It is important that lenders continue…
  • June 16, 2021
  • Jessica L. Conn

Seven Starfield & Smith Attorneys Names to Pennsylvania and Delaware 2021 Super Lawyers and Rising Stars Lists

Starfield & Smith is proud to announce that seven of its attorneys have been named to the 2021 Pennsylvania and Delaware Super Lawyers lists;  Recognized as Super Lawyers:  Ethan Smith (Banking)  David Starfield…
  • June 9, 2021
  • Starfield & Smith

Best Practices: Verification of Financial Information for SBA Loans

SOP 50 10 6 requires SBA Lenders to obtain and verify tax information on applicants, and on sellers in the case of a business acquisition, by obtaining tax transcripts and…
  • June 2, 2021
  • Katie O'Brien

Best Practices: Condominium Collateral

A condominium is a building or complex of buildings containing a number of individually owned apartments, houses, or buildings, where each owner has full title to its individual apartment, house…
  • May 26, 2021
  • Janet M. Dery

Best Practices: SBA Loan Closing Challenges During the COVID-19 Pandemic

After more than a year into the COVID-19 pandemic, demand for small business financing through SBA lending programs remains strong.  SBA lending partners have approved a substantial number of loans…
  • May 19, 2021
  • Jennifer E. Borra

Best Practices: The Cost of Litigation

What exactly is the “cost of litigation,” and what impact will litigation have on a borrower’s ability to meet its loan repayment obligations?  There are the “out-of-pocket” costs of litigation…
  • May 12, 2021
  • Norman E. Greenspan
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