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SBA Announcements

SCTD – SBA Announces Reauthorization of 504 Debt Refinancing Program

SBA Policy Notice 5000-1382

Effective 5/26/2016

flying-pigs

This just in, apparently there is reason for celebration if you have been waiting, longing for the day, when you could refinance debt -*Permanently*- with the SBA 504 Program.

 Your wait is over. Now you can. You may have to have some patience, however, SLPC will interpret the rule, and based on that interpretation, amendments will inevitably occur and there is of course time for comments as well from lenders, CDCs, borrowers, and other stakeholders. See one of the links below for more information. Expect future more Policy and Procedure Notices to follow, but until then, Enjoy having wings.

Click Here for SBA Notice 5000-1382

TI_Memo_23-16_504_Debt_Refi_

Fed_Reg_Vol._80,_No._101_Ref

SOUTH CENTRAL TENNESSEE DEVELOPMENT
101 Sam Watkins Boulevard . Mount Pleasant, TN 38474
Phone: 931.379.2929 . Fax: 931.379.2640
Email: . Website: www.SCTDLoans.org

Contact

South Central Tennessee Development
101 Sam Watkins Blvd.
Mount Pleasant, TN 38474
Office (931) 379-2918
Fax (931) 379-2640

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