SBA Update, Including Lessons Learned from 7(a) Loan Program Changes

Date:

Apr 7, 2025

Register


Besides new and amended SOPs, policy notices clarifying guidance regarding SBA 7(a) and 504 loans have been issued. This program will provide an overview of the recent updates, address new processes, explain the risks, and delve into how lenders may wish to revise their internal policies and procedures to maintain compliance.

Topics

After this webinar you'll be able to: 

  • Determine an applicant’s eligibility for a 7(a) or 504 loan
  • Evaluate partial change of ownership structures
  • Discuss modifications to SBA’s Closing and Servicing Standard Operating Procedures (SOPs)
  • Explain updates to 7(a) Lender Matrix
  • Describe the current SBA guaranty purchase submission process

Take-Away Toolkit:

  • Links to all the latest SOPs, policy notices, and UPP tabs
  • Copy of the updated 7(a) Lender Matrix
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
Speaker(s)

Kim Rayer is a Shareholder at Starfield & Smith, PC.  She concentrates her practice in the area of commercial finance, focusing primarily on government guaranteed lending.  As closing counsel for lenders nationwide, she advises on eligibility, closing, and servicing requirements under the SBA 7(a) and 504 loan programs.  She also represents lenders in warehouse lines of credit, securitizations, and loan portfolio sales.  Kim advises on SBA regulatory compliance and guaranty purchase and presents on SBA lending at various regional and national banking conferences. Kim received a bachelor’s from Drexel University and a JD from the James E. Beasley School of Law, Temple University and is admitted to practice law in Pennsylvania and New Jersey.

Additional Information

Who Should Attend?

This informative session is designed for commercial loan officers, loan closers, managers, administrators, and personnel responsible for underwriting, closing, post-closing, servicing, and liquidating SBA loans.

Fees

Live: $279
On-Demand: $279
Live + On-Demand: $379

Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380