“Be present in all things and thankful for all things.”

– Maya Angelou, American memoirist & poet



Lori,


As we paused to reflect this month on the many blessings we share, we’re reminded how important our SBA Lenders, partners, and community are. And not just to us, but to our country, as the funds provided to small businesses drives our economy. 


We celebrate you, our SBA, community for all you do!


Thank you!

LRM's SBA Notice Nook

SBA 7(a) Quarterly Connect Calls 2024 dates and links: Jan. 28, 2025; April 22, 2025; July 15, 2025; Oct. 25, 2025


SBA 504 Quarterly Connect Calls 2024 dates and links: Dec. 10, 2024; Mar 11, 2025, June 10, 2025; Sept. 9, 2025; Dec. 9, 2025


SBA Information Notice 5000-856113: Issuance of SOP 50 57 3.1 released 10/28/2024 effective 12/1/2024


SBA SOP 50 57 3.1 7(a) Loan Servicing and Liquidations released 10/28/2024 effective 12/1/2024


SBA Servicing & Liquidation Actions 7(a) Lender Matrix released 11/5/2024 effective 12/1/2024


Modernized 1502 Process: Establishing ACH Payment Option issued 11/14/2024


Modernized 1502 Process: User Guide and FAQ: 1502 Reporting in the MySBA Loan Portal updated 11/15/2024


Modernized 1502 Process: 1502 Reporting Guide to Error and Warning Messages issued 11/15/2024


Modernized 1502 Process: 1502 Reporting Module within MySBA Loan Portal issued 11/20/2024


SBA Agency Financial Report - Fiscal Year 2024 updated 11/18/2024


SBA Loan Program Performance Report updated 11/19/2024


Office of Inspector General Semiannual Report to Congress effective 11/21/2024



SBA 7(a) Loan Guaranty Fee Calculator FY 2025 Only updated 11/17/2024

SBA Lender Service Provider

AVOID the Year-End Rush!

Hard to believe, but we’re well into the fourth – and final! – quarter of the year. So there’s a lot going on, not the least of which is holidays, vacations, and general fun as the year draws to a close.



READ ON

As the year draws to a close, with all the madness of celebrations and end-of-year SBA financial filing requirements, we invite you to take a deep breath. Enjoy the holidays, however you celebrate them, and be easy on yourself and your team as you get those financial statements pulled together.


And remember that we’re always here to help – and if you think you might need some help, please reach out sooner rather than later! You can call us at 877.576.0819 or drop us a note through our website.


Either way – we wish you the very best of celebrations as we move into the last month of the year!


Your Team at LRM Lender Consultants,

Lori N. McCausland
CEO
LRM Lender Consultants Inc.
484-645-3987
Rebecca L. Mendoza
President
LRM Lender Consultants Inc.
949-294-8490
CONNECT WITH US!
Facebook  Linkedin  
SHARE OUR NEWSLETTER!
LinkedIn Share This Email
© 2024 LRM Lender Consultants Inc. All Rights Reserved