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SBA News You Can Use


Your SBA Commercial Real Estate Newsletter

Visit us at these Upcoming Conferences

America West  |  Palm Springs, CA
June 11-13  |  Visit us at Booth #1


America East  |  Mashantucket, CT
August 14-16  |  Visit us at our Booth!

Meet with Partner's Joey Bonin, Angela McDonnell, Marshall Stancliff, and Dana Weiss of Partner Energy at next week's America West Conference. This expert team specializes in all things SBA, from environmental, to construction risk management and funds control, to 504 Green Energy Loans.


FAQs of Tiered Environmental Due Diligence

Environmental due diligence is a sound part of all commercial real estate transactions to lower liability and manage risk for the stakeholders involved. Not all loans, however, warrant a full Phase I ESA. A tiered approach, involving streamlined environmental reports more limited in scope, can be a cost-effective and efficient tool for screening high-risk properties.

Two of these reports, a Records Search with Risk Assessment (RSRA) and a Transaction Screen Assessment (TSA), are a compulsory part of the SBA's environmental policy for lenders. Partner’s Janet Annan delves into what these reports are and how they are used for SBA loans, here.

Which Environmental Due Diligence Report is Right for You?

Use this SBA flowchart to see which environmental investigation steps are needed based on property type, loan amount, and NAICS code.

Not sure of your property’s NAICS code? Click here for a NAICS code breakdown of environmentally sensitive industries.


Janet Annan
Technical Director - SBA


Environmental DD Report Flowchart


SBA SOP 50 10 5(K) Updates:
What it Means for Your Risk Management

By now, you’ve heard the SBA released the new SOP 50 10 5(K), which is already in effect and includes a couple of notable updates to the environmental policy as well as a clarification on risk management for construction components above $350,000.

Partner’s Janet Annan and Joey Bonin explain in this GlobeSt article the major SOP changes and their impact, further tightening environmental risk and liabilities associated with construction defaults. The good news is, in general, these changes shouldn’t have a drastic effect on prices; in some cases they can even help save funds during the underwriting process.


Joey Bonin
National Client Manager


Updated SBA Environmental Questionnaire

SBA's Sacramento Loan Processing Center recently requested the revision of Environmental Questionnaires (EQ) to adjust for two common issues of clarity. Click here for an updated EQ compliant with their request.

Project Profile: SBA 504 Green Loan Analysis
Stone Age Climbing Gym in Albuquerque, NM