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“They also serve who only stand and wait.” Sonnet 19: John Milton Well, SBA/Treasury issued the long-awaited – and some would say overdue − Paycheck Protection Program Loan Forgiveness Application Form 3508 on Friday, May 15. As with all things PPP, the Form was posted on the Treasury website and [...]
JRB Senior Associates Sandy Mortan and Richard Jeffrey, and SBA 504 industry expert Janice Garlitz, P.C., all well known for their longtime industry leadership and broad-based SBA lending expertise, are conducting a series of JRB Webinars tailored just for CDCs and 504 lenders. What's going on with 504? Get timely, [...]
FROM RICHARD @ JRB … GETTING ON WITH IT … 504 FOR REAL ESTATE & STOCK PURCHASES: SLICING UP AN ‘AMERICAN PIE’
Here’s an interesting case. What else is new? Almost everything that comes across my email is interesting. I got a call the other day from Jack. He’s a new loan officer with a new client. Jack’s first deal was a hotel with 14 affiliates. We worked through that and hoped [...]
Over the past few weeks, we’ve been fielding questions from many of you about Paycheck Protection Program eligibility, closing and funding. Now that Round 2 of the funding phase is well underway, many of you are turning your focus to the next phase: Forgiveness. As we saw with the origination [...]
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