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SOP 50 10 5 (G) PAGE 174178
F. Approval and Disbursement of loans when there is
Contamination or Remediation at the Property.
Loans may not be approved or disbursed if there is known Contamination
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What is sop 50 10 5?
SOP 50 10 5 is a standard operating procedure issued by the Small Business Administration (SBA) that outlines the requirements for lenders participating in the 7(a) Loan Program.
Who is required to file sop 50 10 5?
Lenders participating in the SBA 7(a) Loan Program are required to file SOP 50 10 5.
How to fill out sop 50 10 5?
SOP 50 10 5 can be filled out by following the guidelines provided in the document, which include information on loan eligibility, application procedures, credit standards, and reporting requirements.
What is the purpose of sop 50 10 5?
The purpose of SOP 50 10 5 is to ensure consistency and compliance among lenders participating in the SBA 7(a) Loan Program.
What information must be reported on sop 50 10 5?
Lenders are required to report information related to loan applications, approvals, disbursements, servicing, and liquidation.
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