SBA 7A Guaranteed & 504 - Loan Audit Program

Posted By: Elsie

SBA 7A Guaranteed & 504 - Loan Audit Program - 08/31/11 10:27 PM

Very experienced in portfolio commercial loan review, but not so much on SBA guaranteed loans. Regarding 7A and 504s, are there any resources out there that others would like to share to assist with an audit program/special considerations?

Posted By: 1 Peter 5:7

Re: SBA 7A Guaranteed & 504 - Loan Audit Program - 09/08/11 08:29 PM

See SBA's SOP 50 10 5(A) that has details on these types of loans. It could be used to write an audit checklist. Link

Posted By: Elsie

Re: SBA 7A Guaranteed & 504 - Loan Audit Program - 09/13/11 06:50 PM

Thanks for the assistance!