I. COLSON FORM ASKED QUESTIONS III. SBA' S BASIS-POINT
SBA FORM 1502 FREQUENTLY-ASKED QUESTIONS Page - 4 - h) What is the first “Interest Period From” date on unsold loans that are subject to SBA's basis-point fee? The Interest Period From date is the first day on which the borrower is charged interest, which is usually the date on the note or the date of first disbursement. i) If a loan I sold in the secondary market settled this month, how ... ................
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