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Małe firmy · 04/05/2007

Business Loan Program; Lender Examination and Review Fees

This final rule implements a recent amendment to the Small Business Act authorizing the Small Business Administration (SBA) to assess fees to Lenders participating in SBA's 7(a) loan guarantee program (Lenders) to cover the costs of examinations, reviews, and other Lender oversight activities. The rule describes the methodology for fee assessment. Lenders will pay the actual costs to SBA of the on- site examinations and reviews, and will be allocated off-site review/ monitoring costs based on each Lender's proportionate share of loan dollars that SBA has guaranteed in the SBA portfolio. The rule also describes the billing and payment processes.

Source: Federal Register — Small Business AdministrationOpen original release →