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SBA Lending Update 2021: Rule Changes & PPP FAQs

Mar 11 2:00 PM - Mar 11, 2021 3:30 PM
Mar 11, 2021 2:00 PM - 3:30 PM
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Have you kept up? The pandemic has had catastrophic consequences across the board – including the impact on small businesses. In response, the SBA has made changes and additions to their loan programs. These loans are critical to small businesses’ survival. Don’t miss this important update.

Learning Objectives

  • Explain the financial aid available to small businesses under the recent stimulus bill, Economic Aid Act
  • Identify the most recent changes to the SBA 7(a) loan programs
  • Determine whether a borrower is eligible for a second PPP loan
  • Ascertain the number of Section 1112 payments for an SBA borrower
  • Understand the lender’s responsibilities in reviewing the loan forgiveness application

Providing economic support to small business is part of the mission of the U.S. Small Business Administration (SBA). In these unprecedented times, the SBA loan programs are critical to the survival of small businesses impacted by the pandemic. This webinar will cover the current loan programs offered by the SBA to help support small businesses, including the extension of Paycheck Protection Program (PPP) loans, the new Second Draw Loans for PPP, and the enhancements and revisions to SBA’s 7(a) and 504 loan programs. It will address the PPP loan forgiveness process and provide guidance on how to ensure compliance with lenders’ responsibilities under the PPP guidelines. You will be provided with tools to locate and navigate the multiple sources of SBA rules and guidance. 



Kimberly A. Rayer, JD, Starfield & Smith, PC

Kimberly Rayer is a partner at Starfield & Smith, PC, a boutique law firm representing lenders nationwide. They specialize in all aspects of SBA-guaranteed lending, from origination through liquidation, regulatory compliance, and audit. The firm closes over$900 million of SBA-guaranteed loans for lender clients annually and has assisted lenders across the country with the implementation, servicing, and compliance with the Paycheck Protection loan programs.

Kim concentrates her practice on SBA lending programs, commercial financing, and other secured transactions. She represents lenders and lectures across the country on SBA closings and eligibility and compliance matters. In addition, Kim received a bachelor’s from Drexel University and a JD from the James E. Beasley School of Law, Temple University and is admitted to practice law in Pennsylvania and New Jersey.




Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Lending & Collections
  • Executive Management
  • Compliance