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Summary:
This form is used to certify the use of 504 loan proceeds, appoint a servicing agent, and impose fees. To be executed by the borrower, CDC, and CSA.
Summary:
The purpose of this notice is to clarify SBA Applicant eligibility policy and advise SBA employees, Lenders, and CDCs of new guidance for small business borrowers for purposes of SBA 7(a) and 504 (“Agency”) loans.
Related programs:
7(a),
Agency Management,
CDC/504,
Disaster,
Pandemic Oversight,
PPP
Summary:
This independent auditors’ report on the U.S. Small Business Administration’s (SBA) improper payment reporting is required by the Payment Integrity Information Act of 2019.