The Small Business Administration's loan programs provide critical financing to community businesses. Parker Poe's Financial Services Industry Team has significant experience serving the legal needs of banks who lend through the SBA programs – we have closed hundreds of these transactions across the Southeast.
National banks rely on us for responsive, efficient counsel as they navigate the regulations and comply with Standard Operating Procedures. We have particular experience with the 7(a) and 504 programs, and we have handled every type of transaction under the SBA loan regime, including:
Our team typically takes primary responsibility for drafting and reviewing loan documents, as well as reviewing title and survey, organizational documents, and leases.