Changes to SBA Rulebook Summary of Key Changes: Key Improvement Prior to August 1, 2023 As of August 1, 2023 SBA Eligibility Determination 7(a) & 504 Lenders were responsible for determining program eligibility under delegated authority; SBA could repair or deny a guaranty purchase request for eligibility SBA was responsible for determining eligibility for non-delegated loans SBA is responsible for determining eligibility for all loans based on ETRAN data submissions, and SBA will not repair or deny a guaranty purchase request for eligibility if SBA determined the borrower eligible Affiliation…
Changes to SBA SOP Rulebook
