Greetings!

We had the opportunity to hear Jim speak at the NAGGL Annual Conference in October, and this quote truly resonated. Patience has never been more important than it is now, during the government shutdown.

But patience doesn’t mean inactivity. There’s plenty we can do in the meantime. Start by reaching out to your Senators and Representative (you can find yours here). Closer to home, this is opportunity to review your policies and procedures, address deficiencies noted during a loan review, and complete annual site visits and reviews.

Staying proactive today will put you in a stronger position when operations return to normal.

Notice 5000-872764 Revisions to SOP 50 10 8 504 and 7(a) Program Guidelines issued 9/30/2025

Plan for Operating in the Even of a Lapse in Appropriations updated 9/30/2025

Lender’s Annual Service Fee: Rate and Description issued 10/1/2025



Release Notes: Modernized 1502 Reporting 2.2 issued 10/1/2025

Disbursing funds for an SBA 7(a) loan isn’t just about getting the money to the Borrower. It’s about doing it right, so you stay well within SBA compliance rules.

SBA is clear: if you don’t document equity injection according to their requirements, you risk repair and potentially even denial of your SBA guaranty.

There’s much more to share from this year’s NAGGL conference – Jim was far from the only speaker who offered valuable insights. Stay tuned (patiently) for additional highlights in the coming weeks!



In the meantime, we’ve observed an unfortunate increase in problem loans. As always, our team is here to assist with addressing deficiencies and managing liquidations. Please don’t hesitate to contact us at 877.576.0819 or by email here.

Your Team at LRM Lender Consultants,