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We thank our members for checking on NAGGL in the aftermath of the horrific tornado that hit Oklahoma on Monday afternoon. Very fortunately, we are safe and sound.  We only hope that your thoughts, prayers and generous support will help our fellow Oklahomans heal.

Donate to Red Cross >

Send a $10 donation to the Oklahoma Disaster Relief fund via text message by texting the word REDCROSS to 90999. A $10 charge will appear on your phone bill.

Thank you Chesapeake Energy for committing to donate $1 million to the Red Cross after the Moore tornado >


 

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Online Registration >
(members only, password required)

June 3-7
Classroom Training
Dallas, TX
Registration Form > 

June 6
WEBExpress: Updated 7(a) Servicing and Liquidation Policies
Registration Form >

June 10-11
Fundamentals of SBA Credit Underwriting
Laurel, MD
Registration Form >

June 12
ONLINE COURSE: Establishing Internal Policies and Procedures for SBA Lending
Registration Form >

June 17-20
Classroom Training
Albuquerque, NM
Registration Form > 

August 19-22
Classroom Training
Stockton, CA
Registration Form >

September 16-17
Closing and Funding the SBA Loan
Laurel, MD
Registration Form >

September 16-20
Classroom Training
Omaha, NE
Registration Form >

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November 4-7 (Save the Dates!)
Classroom Training and
Annual Conference
Palm Desert, CA
Learn More >
Preliminary Agenda Outline > 

November 18-20
Classroom Training Courses
Laurel, MD
Registration Form > 

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New Nationwide Lending Initiative for veterans to be announced at Fort Bragg
... SBA Admistrator Karen Mills will announce a new nationwide lending initiative for veterans today at Fort Bragg. NAGGL president & CEO Tony Wilkinson and a group of members are onsite for this event. more >


Policies for Federal Credit Programs and Non-Tax Receivables
OMB Circular A-129 >


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SBA Releases Revised SOP 50 57:
7(a) Loan Servicing and Liquidation
including 'technical revisions'.

SOP 50 57 Revision > 

7(a) Lender Matrix > 

SBA Notice > 


SBA Releases Updated Form 912
SBA released a new Statement of Personal History, Form 912, with adjusted language in questions 7, 8 and 9 that should reduce the need for background checks and will help to reduce a lender's transaction costs. 


Federal Budget Released... provides for increased access to capital for nation's small businesses through the SBA 7(a) program. Get it >   


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NAGGL was a major host of the Small Business Lending & Investment Summit in Washington DC. NAGGL president Tony Wilkinson, Chairwoman Lynn Ozer, and Executive Vice President Jane Butler were on hand to represent the association.


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SBA announces National Small Business Week
June 17-21, 2013

This year’s events will take place all across the country and feature exciting and informative events designed to help small businesses start, grow and succeed.

June 17 - Seattle
June 18 - Dallas
June 19 - St. Louis
June 20 - Pittsburgh
June 21 - Washington, DC

Get more >


Federal Register Vol. 78, No. 37 -- Proposed Rule offers updates to 504 and 7(a) business loan programs
13 CFR Parts 120 and 121
RIN 3245-AG04
504 and 7(a) Loan Programs Updates
 
Get proposed rule as published in Federal Register - February 25 > 


Administrator Mills Announces Her Departure more >


Updated SOP 50 10 5(E) includes Alternate Authorization for SLA
SBA has posted the updated 50 10 with the updated definition of "rentable property" (page  139), the SLA alternate authorization [page 207] and a 504 change [page 315] incorporated with comments noting each provision's effective date.

Get the SOP here >


New SLA Loan Authorization > 

Information Notice 5000-1260 >


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sba.gov/banking site >

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SBA LENDING
DAILY NEWS
Get It >

 

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JOB BANK
SBA LENDER POSITIONS
 More >

Senior SBA Resolution Specialist
Denver, CO

SBA Lender/ Business Developer
Santa Cruz, CA

Commercial Loan Officer
East and North Bay Regions (CA)

Sr. Underwriter Commercial & SBA Loans
Vacaville, CA


MAY 2013

SBA LIBOR Base Rate = 3.20%

SBA FIXED Base Rate = 4.52%
Max. Allowable Fixed Rates >

Prime Rate
 = 3.25%

SBA Peg Rate = 2.50%
April 1-June 30, 2013

This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans.

Need a recent history of interest rates? Contact Us >

Bloomberg Key Rates >

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Lender Service
Provider List >




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ImageSearch SBA's official notices by keyword.
Search It >

All Policy Notices from 2000 to the present.
More >





Critical SBA Lending Links (Lender Portal, Size Standards, Forms Link, E-Tran, IRS, Regional Offices)
Resources > 

7(a) Risk- Based Lender Review File Checklist >



SBA Office of Inspector General Reports Get Into the habit --Visit the SBA Inspector General website and read the reports and memos outlining the IG's findings in their review and oversight of SBA loans!
Go There Now >



ImageSBA loan performance within NAICS as of 1/31/12 Get It >
NAICS Codes 2011 > 
NAICS Codes FY 2001-2010 >
NAICS Codes FY 2001-2009 >


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SBA loan performance within franchise
FY2011 >              FY 2001-2010 >
FY 2002-2010 >    
FY 2001-2009 >

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