FROM RICHARD @ JRB … OOPS, OR NOT OOPS? DIFFERENT NAICS CODES FOR THE SAME TYPE OF BUSINESS: DOES IT MATTER?
Different NAICS codes for the same type of business. Can it be? Here's how!
About Nancy Tack
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November 2023
FROM YOUR TEAM @ JRB … LET’S SHOP SMALL® … SUPPORT YOUR LOCAL SMALL BUSINESSES ON SMALL BIZ SATURDAY! NOW, MORE IMPORTANT THAN EVER
Small Biz Saturday: Let's give America's small businesses a leg up on Sat., Nov.25! It's good business!!
FROM ALL OF US @ JRB … OUR THANKSGIVING MESSAGE …
From all of us @ JRB: Our Thanksgiving message ... Let us be grateful for all good things!
JRB ALERT! FROM RICHARD @ JRB … IMPORTANT CLARIFICATION RE: MARIJUANA-RELATED BUSINESSES AND SOP 50 10 7/ SOP 50 10 7.1
JRB Clarification: Businesses deriving revenue from selling pipes or paraphernalia, or other activity illegal under federal, state, or local law are not eligible for SBA financing.
FROM RICHARD @ JRB … CHECKING OUT ‘TECHNICAL DEFAULT’ IN THE NEW SOP 50 57 3 … NOW, PRACTICE SAYING, ‘VALIDATION ERROR 4363.’
Heads up 7(a) lenders: Better learn to say, V-A-L-I-D-A-T-I-O-N E-R-R-O-R 4363! Why? Enforcement of technical violations is smack-dab in the new SOP 50 57 3. JRB Senior Associate Richard Jeffrey tells you why this could be a useful eligibility tool. Just check out Technical Default on pg. 77 of SOP 50 57 3!
FROM SANDY @ JRB … WE’RE HEADING TO NEW ORLEANS AND NADCO’S NOW ’23 CONFERENCE NOV. 13-17. ATTENDING? STOP BY OUR BOOTH!
JRB heads to NADCO's NOW '24, Nov. 13-17. The timing is right, with SOP 50 7.1 effective Nov. 15. JRB Principal Alex Liberchuk and Sr. Associate Sandy Mortan will attend key breakout sessions, garnering information for JRB eBulletins, and identifying strategies to assist our clients nationwide. Attending? Stop by our booth!
October 2023
JRB NEWSFLASH … IT’S HERE! SOP 50 10 7.1!! WORTH THE READ? WITH MORE THAN 50 TECHNICAL CORRECTIONS, YOU BET!
SBA announced the long-awaited arrival of SOP 50 10 7.1 with a webinar on the Agency’s 7(a) Connect Quarterly Update on Tues., Oct. 24. Effective on November 15, 2023, this updated SOP contains more than 50 technical corrections across the spectrum of SBA lending … Eligibility, Credit Not Available Elsewhere, Restrictions on Use […]
FROM LISA @ JRB … UPDATED FORM G-845: A REMINDER AND A REFERENCE—JUST THE FACTS
From Lisa @ JRB ... Important Reminder: Effective June 1 2021, with a drop-dead deadline of June 28, 2021, SBA requires use of the updated Form G-845 for all status verification requests. Please make sure to begin using the updated USCIS Form G-845 immediately.
FROM ALEX@JRB … HOT TOPICS IN THE OLD TOWN! WE’RE HEADING TO NAGGL’S ANNUAL CONFERENCE IN NEW ORLEANS, NOV. 6-8. ATTENDING? STOP BY OUR BOOTH!
From Alex @ JRB ... See you in the Big Easy! JRB is heading for for NAGGL's Annual Conference Nov. 6-8 ... 7(a) lenders: If you're attending NAGGL, stop by our booth. We look forward to meeting you and discussing your SBA program. Got questions about our services? Contact JRB.