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May 15, 2012--NAGGL news and conference review with
president & CEO Tony Wilkinson.

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Online Registration >
(members only, password required)


May 17
WEBExpress: Ask the Lawyers – Avoid Closing & Documentation Pitfalls

(Registration Closed)

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June 5-6
SBA Loan Servicing and Liquidation
Indianapolis, IN
(SOLD OUT!)

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Regional Event
Exton, PA
Registration form >

June 11
Getting SBA to Honor Your Guarantee

June 12
8:30-11:30am
SBA 7(a) Program Update and Recent Changes

June 12
1:00-4:30pm
Overview of SBA's Lender Oversight Program

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June 11-13
Fundamentals of SBA 7(a) Lending
Minneapolis, MN
Registration Form > 

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Annual Conference
October 23-25 • Las Vegas, NV

Conference Flyer > 

REGISTRATION FEE

BY AUGUST 24
Mbr-$695, N-Mbr-$895

BY SEPTEMBER 28
Mbr-$795, N-Mbr-$995

AFTER SEPTEMBER 28 AND ONSITE
Mbr-$915, N-Mbr-$1,115


LOCATION
Red Rock Resort
11011 W. Charleston Boulevard
Las Vegas, NV  89135

Direct: 702.797.7777
Reservations: 866.767.7773
Room Rate: $169
Hotel Cut-Off Date: September 28

Hotel Online Reservations>

www.redrocklasvegas.com


GOLF TOURNAMENT
October 23 @ TPC Las Vegas


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Be sure to check out the conference photos from Orlando on our Facebook Page > 

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SBA LENDING
DAILY NEWS
Get It >

 

 

 


 

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Donald Cravins, Staff Director and Chief Legal Counsel, Senate Committee on Small Business & Entrepreneurship, addresses NAGGL attendees during the legislative luncheon, sponsored for the 56th time by Zions Bank. Cravins stated that Senator Landrieu and the committee can always trust that NAGGL provides accurate information and delivers on all promises made.

ImageSBA announces imminent release of new sop 50 10 5(E) at NAGGL conference. Jeanne Hulit, associate administrator of the Office of Capital Access, just announced that a new SOP that updates policies in the 5(D) version including-- reimbursement of in-house counsel fees; ability for LSPs and lenders to charge fees that are percentage of loan; ability to refinance debt in the personal name of business owner when used for business purposes; clarified requirements on stock ownership purchases; and, of course, the direct final rule on EPC/OC that rewrites the current regulation to allow co-borrower structure for owner occupied real estate.

SBA Publishes Rule Change, Clarifies Eligible Uses of Proceeds for EPC/OC Loan Structures Get It > 

Small Business Committee Reviews SBA Budget  Landrieu praises ‘strong budget,’ while urging more robust funding for technical assistance programs. more >

SBA's National Small Business Week Town Hall
The small business public is encouraged to take part in the National Small Business Week town hall forum and business forums addressing key small business concerns. Participants will have an opportunity to exchange ideas and a dialogue on relevant issues for small businesses with leading business experts during National Small Business Week, May 23-25 in Washington, D.C. The town hall and business forums at Small Business Week are free. more >

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National Small Business Week
May 20-26

NAGGL is excited to again co-sponsor National Small Business Week, a two and a half day conference in Washington, DC focusing on small business accomplishments, including disaster recovery, procurement and entrepreneurial success. We'll be highlighting our members' success in upcoming publications, so don't forget to share your good news!

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sba.gov/banking site >

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JOB BANK
SBA LENDER POSITIONS
 More >

*SBA Risk & Operations Manager*
Richmond, VA

*SBA Underwriting Manager*
Richmond, VA

SBA Lending Officer
San Luis Obispo, CA

VP of Small Business Sales & Marketing
Washington, DC

SBA Business Developement Officer - various positions available in California
Santa Barbara, CA

SBA Lead Credit Analyst
Sacramento, CA

Loan Officer
Denver, CO

SBA Credit Analyst
San Diego, CA

SBA Credit Delivery Loan Coordinator
Columbus, OH


May 2012

SBA LIBOR Base Rate = 3.24%

SBA FIXED Base Rate
4.84%
Max. Allowable Fixed Rates >

Prime Rate =
3.25%

SBA Peg Rate = 2.25%
April-June 2012

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

All Policy Notices from 2000 to the present.
More >


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

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

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Members, Pick Up Your Pens ...
And Write an Article for the
In Focus Contact Us >

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Don’t Miss a Thing
NAGGL members...don’t miss out on a single news item. Have us add you to our distribution lists today. It’s free, and your information won’t be shared with any third parties.
Sign Up >

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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 >

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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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