I. COLSON FORM ASKED QUESTIONS III. SBA' S BASIS-POINT
Act. SBA is collecting guaranteed portion payment information, rather than information on 100% of loan, in an effort to standardize the 1502 Form. Therefore, payment information is required on all loans with an SBA guaranty. g) If the borrower does not make a scheduled payment in the reporting period, do I report on the loan? Yes. ................
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