RMA Journal, 11/2009

Know Your Environmental Due Diligence
for SBA Loans

To take advantage of the federal stimulus program, lenders need to understand the environmental due diligence procedures required for SBA commercial real estate loans. READ MORE (PDF)...

"Know Your Environmental Due Diligence for SBA Loans" was co-authored by Eileen Hazard of Envaluation Services, Inc.

Click here for a PDF or the latest SBA Guidelines for Lender and Development Company Loan Programs. The steps for an environmental investigation for an SBA 7(a) loan begin on page 189 and for 504 loans on page 289. Other information regarding environmental policy is included in the appendices beginning on page 328. Our LENDER RISK REPORT SBA meets the requirements for Records Search with Risk Assessment as defined on pages 331 and 332.

Environmental Questionnaire (PDF)

Flow Chart (PDF)

Minimum steps for an environmental investigation for SBA 7(a) and 504 Loan Programs (as per October 2009, SOP 50-10 5A)

SBA NEWS HIGHLIGHTS
"7(a) and 504 Programs"

4/16/2010
SBA Recovery Lending Extended Through May.

3/29/2010
SBA Recovery Lending Extended Through April 30, 2010.

3/04/2010
Extension of SBA Recovery Lending Program will Support 1.8 Billion in Small Business Lending.

2/19/2010
Statement from Administrator Mills on Continuing Support for Small Businesses through SBA Recovery Programs.

12/22/2009
Additional Funding for SBA Recovery Lending Programs will Support $4.5 Billion in Small Business Lending.