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Online registration >
September 14
WEBExpress: Explore the Changes in the SOP 50 10
5
$125 Special – Members-Only Price!
Registration Form >
September 20-24
St Louis, MO
Registration Form >
September 20
SBA Application Processing
September 21
Closing and Funding the SBA Loan
September 22
Advanced SBA Loan Documentation and Closing
September 23-24
SBA Loan Servicing and Liquidation
September 28
WEBExpress: Using Retirement Funds as Equity & Maintaining
Legal Compliance
Registration Form >
October 19 & 21
SBA 1502 Reporting ONLINE
Registration Form >
October 26-28
Annual Conference
Anaheim, CA
Conference Location
Disneyland® Hotel
1150 W. Magic Way
Anaheim, CA 92802
Room Rate: $164 (no resort fee)
Overflow Hotel
Disney’s Grand Californian Hotel® &
Spa
1600 S. Disneyland Drive
Anaheim, CA 92802
Room Rate: $179 (no resort fee)
Reservations: 714.520.5005
Hotel Cut-off Date: October 1
Online
Reservations >
Conference Brochure >
Registration Form >
Exhibitor Information >
Sponsorship Information >
November 15-16
Understanding the SOP 50-10
San Francisco, CA
Registration Form >
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Senate must pass small-business incentives, Voinovich
says
Voinovich plans to help push a
package of small-business incentives through the Senate next week. "We
don't have time for messaging. We don't have time anymore. This country
is really hurting," Voinovich said. More >
SOP 50 10 5(C) AVAILABLE
The new SOP 50 10 is now available for download
here >
NAGGL’s experts will be reviewing all the changes in the SOP in
order to provide accurate information and interpretations of new policy
for all members.
SBA Information Notice 5000-1163 (9/7/10)
Issuance of SOP 50 10 5(C) – Lender and Development Company Loan
Programs Get It >
7(a) and 504 Recovery Loan
Queues
Policy Notice (Effective 9/2/2010) >
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How Community Banks Can Finance Small Business Exporters
October 13
2:00 p.m. – 3:30 p.m. EDT
Presented by the Office of the Comptroller of the Currency
Registration Information
>
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Letter to Administrator Mills
re: Lender Ongoing Fee
Lenders were notified in June about a major change to SBA practice
regarding collection of the ongoing guarantee fee through the date of
purchase. The fee accrues post-default through the date of purchase and
is now being deducted directly from the purchase payment. NAGGL has
outlined the major problems with this change in a letter to
Administrator Mills. Get It >
National Small Business Association
issues 2010 Mid-Year Economic Report
The survey analyzes responses from a sampling of NSBA
membership on their current economic outlook, job and business growth,
business financing and several other key economic indicators Get
It >
NEW - Version 8 - Servicing and
liquidation actions matrix
SBA posted an updated version of the Servicing and Liquidation
Actions Matrix on 8/16/2010. The only change in this version is the
REMOVAL of the X that noted the ability to use E-Tran on approved loans
prior to initial disbursement to increase the loan amount or SBA's
guarantee percentage. Version 7 had inadvertently shown this was
possible. But, this action REQUIRES SBA approval. Get
It >
Reid sets up votes on small business bill
Just before adjourning at 10:02 pm [8/5] Reid filed a
series of cloture motions to set up votes on the small business bill on
Tuesday, Sept. 14. Reid withdrew all pending amendments, reoffered a
substitute and moved to block any further amendments. More
>
Small
Business Lending Fund Will Help Recovery, Jobs >
SOP 50 10 5 - Next revision
There is NO August 1, 2010 version of SOP 50 10 5. As we've
mentioned several times, the target date for the next release of the 50
10 is September 1, with an effective date around October 1, 2010. The
dates are subject to the document making it through the multi-layered
clearance process before becoming publicly available.
Cloture vote on HR 5297 Fails
Despite the bipartisan
nature of HR 5297 and the support of close to 80 small business
advocacy groups, the Senate voted along party lines this morning and
brought down the cloture vote. Majority Leader Reid in his statement
prior to the vote publicly agreed to remove the $1.2 billion
agriculture disaster relief provision that some Republicans had
opposed, and, 'in a show of good faith', to honor the 3
side-by-side amendments. But, Minority Leader McConnell refused and
told his members to vote no on cloture. Senator Landrieu continues to
work tirelessly, as Reid and McConnell meet behind-the-scenes to reach
agreement as the debate continues.
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