I. COLSON FORM ASKED QUESTIONS III. SBA' S BASIS-POINT
SBA Form 1502 is the standard remittance form used to report information on the 7(a) loans in a lender's portfolio, such as secondary market payments, guaranty balance and loan status information (previously reported on SBA Form 1175), and SBA's basis-point fees. Note: SBA's fee applies to loans approved on or after 10/12/95. b) When is my SBA ... ................
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