Looking Back, May

1994: National PLP Processing Center Opened
In 1994, aided by feedback from NAGGL, the SBA streamlined its operations by opening the national PLP processing center. Since then, the center has relieved the burden of field offices, lowered operating costs, and enhanced consistency, turnaround time, and PLP reporting capabilities.

When it opened, the center managed approximately 160 PLP lenders making 2,000 loans per year. Now known as the Sacramento Loan Processing Center, it handles approximately 975 expedited lenders making more than 50,000 loans per year.