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SBA Acquisition Guides

Educational fundamentals for SBA lending, due diligence, and buyer education

Written by acquisition practitioners, backed by public lending data

SBA Program Updates
Feb 5, 2026

SBA Eliminates Green Card Holder Eligibility for 7(a) and 504 Loans

SBA Policy Notice 5000-876441 significantly tightens citizenship requirements for 7(a) and 504 loans, eliminating eligibility for Legal Permanent Residents (green card holders) and removing the 5% foreign ownership exception.

By VerSquare Editorial Team5 min
SBA 7(a)
504
SBA Program Updates
UpdatedSep 17, 2025

SBA Updates Environmental Review Procedures and Makes ALP Express Permanent

Procedural Notice 5000-869245 updates environmental review procedures and makes the ALP Express authorization permanent under SOP 50 56, affecting CDC/504 loan processing.

By VerSquare Editorial Team3 min
504
SBA Program Updates
UpdatedJul 22, 2025

Surety Bond Guarantee Program Gets Streamlined Eligibility Review

Procedural Notice 5000-870023 implements streamlined eligibility reviews via Treasury's Do Not Pay portal and details portfolio risk management procedures for the Surety Bond Guarantee Program.

By VerSquare Editorial Team3 min
Surety Bonds
SBA Program Updates
UpdatedMay 5, 2025

SBA Updates Veteran Verification and Preferred Surety Bond Claims Procedures

Procedural Notice 5000-868064 updates veteran verification requirements in the Surety Bond Guarantee Program and claims procedures for the Preferred Surety Bond Program.

By VerSquare Editorial Team3 min
Surety Bonds
SBA Program Updates
UpdatedApr 15, 2025

Major Changes to 7(a) Loan Servicing and Liquidation Procedures

Procedural Notice 5000-866946 introduces significant revisions to SOP 50 57 3.1 governing 7(a) loan servicing and liquidation, including changes to lender guaranty purchase requests and certain servicing actions.

By VerSquare Editorial Team5 min
SBA 7(a)
SBA Program Updates
UpdatedMar 27, 2025

SBA Now Requires Date of Birth for Business Owners in E-Tran

Procedural Notice 5000-866498 mandates that SBA lenders and CDCs enter date of birth for all business owners when submitting applications through E-Tran, effective March 27, 2025.

By VerSquare Editorial Team3 min
SBA 7(a)
504
SBA Program Updates
UpdatedMar 21, 2025

SBA Modifies Environmental Policies for 7(a) and 504 Loans

Procedural Notice 5000-866054 modifies environmental policies and procedures in SOP 50 10 7.1 Section A, Chapter 5, Paragraph E for 7(a) and 504 loans.

By VerSquare Editorial Team3 min
SBA 7(a)
504
SBA Program Updates
UpdatedMar 14, 2025

SBA Rescinds Community Advantage SBLC Loan Ceiling Expansion

Procedural Notice 5000-865355 rescinds PN 5000-864101, ending the program that allowed Community Advantage Small Business Lending Companies to apply for expanded 7(a) loan size limits.

By VerSquare Editorial Team3 min
SBA 7(a)
SBA Program Updates
UpdatedDec 6, 2024

SBA Extends Multiple Notices and Updates 7(a)/504 Procedures

Procedural Notice 5000-862692 extends seven procedural notices for two years, rescinds PN 5000-851789, and implements substantive changes to SOP 50 10 7.1 and SOP 50 55 including business valuation flexibility and C-PACE financing clarification.

By VerSquare Editorial Team5 min
SBA 7(a)
504
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