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You are here: Home » Resources » References » Other Tools » SBA 7(a) Construction Loan Checklist

May 29, 2025

SBA 7(a) Construction Loan Checklist

By Kyle Gustafson and AJ Nosek

Partner provides this SBA 7(a) Construction Loan Checklist for SBA Loan properties, following the guidelines of SBA’s SOP 50 10 8 with Technical Updates, effective on June 1, 2025.

[ Download Here ]

About the Authors

Kyle Gustafson

Kyle Gustafson

National Client Manager
Kyle Gustafson is a National Client Manager at Partner, specializing in Construction Risk Management. Mr. Gustafson has an extensive background spanning over 20 years of experience in SBA Construction. During eight of those years, he grew a Construction Risk Mitigation practice that, under his leadership, achieved consistent year-over-year growth, even amid economic challenges in the construction sector. Additionally, he has worked in the finance industry as an SBA lender and has over a decade of experience in the software industry where he sold and developed SAAS tailored for SBA lenders.
AJ Nosek

AJ Nosek

National Client Manager
AJ Nosek combines his business background with technical knowledge and experience for managing lender due diligence services with real estate lending clients including SBA, community, regional, and national lenders. He also serves a variety of developers, attorneys, mortgage brokers, CDCs, individual property owners, and municipal clients in physical condition risk assessment. He concentrates on lender policy development, property condition concerns including environmental assessments, construction monitoring, physical condition assessments, appraisal compliance, and lender risk associated with any property type throughout the U.S. and Canada. He has extensive experience with commercial appraisal interagency guideline compliance including review, evaluation, and policy development. The appraisal review services provide qualified, independent, compliant solutions for lending clients, meeting interagency guidelines.

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