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Annual Conference Hotel Registration >
Sizzling Summer SOP Series
SOP 50-10 (5) WEBExpress Training
Details
>
July 15 - New SOP Changes to SBAExpress
July 17 - New SOP Impact on PLP Lending
July 22 - Appraisals & Business Valuations
August 5 - Eligibility Changes in New SOP
August 7 - SBA Application Processing
August 19 - Equity & Closing: What's New in SOP
August 21 - Collateral Changes in New SOP
September 9 - Environmental Requirements
September 11 - Construction Lending Impact
September 18 - 504 Changes for 7(a) Lenders
Faxable
registration form >
Norfolk, VA - Standard Training Courses - September
15-19
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Advanced SBA Servicing Issues &
Loan Workout
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Understanding the SOP 50-10
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Preserving the SBA Guarantee
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SBA Express Lending
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Advanced SOP 50-10
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SBA 1502 Reporting
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Advanced SBA Loan Documentation and
Closing
Register by August 22.
More >
Register Online >
Indian Wells, CA - Annual Conference: The Future is Here -
October 28-30
Registration is now open for the 2008 Annual Conference on
Small Business Lending, as well as pre- and post-conference training
courses.
More
>
Register Online >
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San Antonio, TX - Mid-America Lenders Conference - August
11-13
A dynamic mixture
of pre-conference activities, loan program training,
networking
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opportunities and marketing tips are
currently being planned. Early-bird registration ends May 30. The
conference is being held at the brand new Grand Hyatt San Antonio
and is brought to you by UTSA South-West
Texas Border SBDC, SBA San Antonio District Office and
CTAGGL. More >
Faxable
registration form >
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Post Your SBA Lending Positions - Includes Resume Search -
$150
Employers seeking qualified SBA lending professionals. More >
Business Services Manager in Oregon >
White House Announces Nominee for SBA Administrator
Position
The White House announced that President Bush is nominating
Sandy K. Baruah to serve as the new SBA Administrator. Senate
confirmation will be required. Baruah has held various positions in the
Bush Administration since 2001. He currently serves as Assistant
Secretary for Economic Development at the U.S. Department of Commerce.
In announcing Baruah's nomination to SBA staff, Jovita Carranza, SBA'a
Deputy Administrator and the current Acting Administrator, said that
going forward SBA will continue to stay focused on transforming its
products and services.
SBA to Modernize SOP 50-51
SBA just announced (Information Notice 5000-1058) that its SOP modernization effort will
continue with the SOP 50-51 next in line for revision and slated
for completion in early 2009. Send us your comments and
recommendations for both SOP format and technical content! More >
(Click Image)
SBA Responds to NY Times Article
A June 12 article in the NY Times (see below) elicited
a major response from the agency. Acting Administrator Jovita Carranza
writes, "Your piece … was stunning in its
omission of hard facts on the agency's transformation—which were
provided to the Times—but also in its omission of letters and
proclamations of support for the agency's turnaround from industry
groups and legislators." The letter, along with supporting evidence is
posted here.
Small Business Problems Linger as Preston Heads to HUD
A NY Times article describes "various problems
that critics and small-business groups say are particularly troublesome
in a weakened economy. They cite the need for greater availability of
loans in particular." More >
Kerry, Snowe Request Investigation of SBA Lender
Oversight
"Senators John Kerry (D-Mass.) and Olympia J. Snowe (R-Maine) this week
asked the Government Accountability Office (GAO) to conduct an
investigation of the Small Business Administration’s (SBA) lender
oversight system. In light of a recent Inspector General’s
report that found "major weaknesses" in the SBA’s lender
oversight, and detailed how the agency’s poor oversight of four
lenders created a loss of $329 million for the SBA’s largest loan
program, the Senators requested that the GAO examine the SBA’s
system for monitoring SBA lenders’ portfolios and identifying
risky lenders. Four years ago the GAO made recommendations for
lender oversight improvement, yet the Administration has failed to enact
appropriate changes." More >
 
FREE
Every year, we receive
two reports from the SBA that SBA lending participants are interested in
having as a resource for their organizations: the combined SBA 7(a) and
504 Loan Portfolio Performance
within North American Industry Classification System (NAICS) code
and the SBA 7(a) and 504 Loan Portfolio Performance
within Franchise Code.
This year's reports cover FY 2001-FY 2007. Get them free!
Data
explained >
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