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U. S. Small Business Administration
Sector 31 – 33 – Manufacturing NAICS codes NAICS U.S. industry title Size standards in millions of dollars Size standards in number of employees 311111 Dog and Cat Food Manufacturing 1,000 311119 Other Animal Food Manufacturing 500 311211 Flour Milling 1,000 311212 Rice Milling 500 311213 Malt Manufacturing 500
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Revised SBA Paycheck Protection Platform Procedures for ...
Feb 10, 2021 · Download .pdf. Revises guidance provided in SBA Procedural Notice 5000-20083, SBA Procedures for Addressing Unresolved Issues on Borrower First …
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SBA Procedural Notice - Small Business Administration
2. Resolution of Hold Codes through SBA Review . If the Lender’s Second Draw PPP Loan guaranty application cannot be processed because there is a Hold Code on the First Draw PPP Loan that is identified in . Table 2. below, the platform will provide the Lender an …
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U. S. Small Business Administration
Sector 31 – 33 – Manufacturing Subsector 311 – Food Manufacturing 311111 Dog and Cat Food Manufacturing 1,000 311119 Other Animal Food Manufacturing 500 311211 Flour Milling 1,000 311212 Rice Milling 500 311213 Malt Manufacturing 500 311221 Wet Corn Milling 1,250 311224 Soybean and Other Oilseed Processing 1,000
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PPP HOLD CODE GUIDE - First Home Bank
Mar 15, 2021 · Affiliation Worksheet – Code 33 and 37 9 Faith-Based Organization Addendum A – Code 33 and 37 9 Affidavit Regarding Delinquent Federal Debt – Code 29 and 48 9
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SBA Form 1502 and Instructions
Guaranteed Interest (less servicing fee) = $733.33. Guaranteed Principal = $160.00. Total to FTA = $893.33. Unsold Loans (subject to SBA 50 basis point fee) - for loans approved on or after October 12, 1995, SBA’s 50 basis point fee is remitted every month the borrower makes an interest payment.
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UNRESOLVED BORROWER RESOLUTION PROCESS FOR …
Code on the First Draw PPP Loan that is identified in Table 2 below, the Lender can submit information and documentation into the platform to support the resolution of the outstanding First Draw PPP Loan Hold Code. Below is a list of Hold Codes and examples …
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SBA Office Locations
U.S. Small Business Administration 409 3rd St, SW. Washington DC 20416 ...
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Six Digit NAICS Codes & Titles | NAICS Association
448 rows · Codes Titles Total Marketable US Businesses; 31-33: Manufacturing: 646,567: 3111: …
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What is the status code for a SBA loan?
(b) The reported Status Code for the loan would be blank (if 1, 2, or 3), or 4, 5, or 7 depending on the loan's situation, until the SBA purchase takes place. (2) Should the Borrower pay off the loan prior to SBA’s purchase, the loan should be reported as a Status Code 6.
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What is status code 6 on SBA 1502?
Note - If the loan is a secondary market loan, do not report the loan as Status Code 6 on the 1502 remittance containing the secondary market payoff; the Status Code column should be left blank. Instead, report the loan as Status Code 6 at month end.
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What is the GP number on a SBA 7?
The GP number is the key to identifying SBA 7 (a) loans on SBA's and the FTA's databases. If less than 10 digits are reported, the payment information cannot be processed. This field is MANDATORY. Lender Loan Number: The lender's loan identification number, that is, the number the lender has assigned to the loan (optional).
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How often do I need to complete SBA form 1502?
This form is to be completed monthly by lenders participating in the SBA’s 7 (a) loan program in order to collect payment and loan information. This form is to be completed monthly by Lenders participating in SBA’s 7 (a) loan program in order to collect payment and loan information.
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