SBA Form 2237 7 (A) Loan Post Approval Action Checklist 5-13-2024

7(A) LOAN POST APPROVAL ACTION CHECKLIST OMB Control No.: 3245-0348 Expiration Date: XX/XX0/20XX

For approved loans prior to final disbursement:

TO: __ Loan Processing Guaranty Center (LGPC) FAX: 202.481.0861 E-mail: [email protected]

For Loans in Servicing & Liquidation (after final disbursement):

TO: __ Fresno Commercial Loan Service Center FAX: 559.487.5803 E-mail: [email protected]

__ Little Rock Commercial Loan Service Center FAX: 202.292.3878 E-mail: [email protected]

RE: SBA Loan Name: ___________________________________________ SBA Loan No.______________________________

FROM: Lender Name: __________________________________________________________________________________

Address: __________________________________________________________________________________

Lender Contact Name:__________________________________________________________________________________

Phone: __________________________ E-mail: ______________________ Fax: _______________________________

For all loan modifications requested, attach memo to an email for each change that explains the following:

1. Provide full details of current loan terms

2. Provide specific details of what needs to be changed. (e.g., increase or decrease in loan amount of guaranty percentage, change use of proceeds); and

3. The justification for the change(s) and any supporting documentation (e.g., updated financial information, payments to Denver)

For SBA loans that have not been closed or initially disbursed. The Lender certifies that this request complies with the current version of SOP 50 10 and/or any applicable program guide:

 Request that SBA approve an increase in the loan amount from $ to $ . (Additional guaranty fee in the amount of $___________ is attached/has been forwarded to Denver.) Not applicable to loans approved under a Lender’s Delegated Authority.

 Request that SBA approve an increase in guaranty percentage from ____% to _____%. (Additional guaranty fee in the amount of $_______ is attached/has been forwarded to Denver). Not applicable to Export Working Capital Program (EWCP) loans and loans approved under a Lender’s Delegated Authority.

 Request that SBA approve a decrease in the loan amount from $____________ to $____________. (For loans with a maturity greater than 12 months, SBA must approve the decrease prior to the lender closing and initially disbursing the loan in order for the guaranty fee owed to be decreased. For loans with a maturity of 12 months or less, there is no adjustment due to any decrease or cancellation.) Not applicable to loans approved under a Lender’s Delegated Authority.

 Request that SBA approve a decrease in the guaranty percentage from % to %. (For loans with a maturity greater than 12 months, SBA must approve the decrease prior to the lender closing and initially disbursing the loan in order for the guaranty fee owed to be decreased. For loans with a maturity of 12 months or less, there is no adjustment to the guaranty fee due to any decrease or cancellation.) Not applicable to loans approved under a Lender’s Delegated Authority

For SBA loans that have been closed and initially disbursed. The Lender certifies that this request complies with the current version of SOP 50 10, SOP 50 57 and/or any applicable program guide:

 Request that SBA approve an increase in the loan amount from $_________ to $__________ (Additional guaranty fee in the amount of $______________ is attached/has been forwarded to Denver__________ (initials)

 Inform SBA that the loan maturity has been changed from ____months to ____months.

New maturity date is (MM/DD/YYYY) __/__/__. If the extension goes from a 12 month maturity to a maturity longer than 12 months, the additional guaranty fee of $_______________ is attached. (Once SBA changes its records to reflect any approved extension of maturity beyond 12 months, the additional guaranty fee is earned and cannot be refunded.) Only required for Loans in Liquidation.

 Extend final disbursement date to __/ __ / __. Not applicable to EWCP loans.

____________________________________________________ _________________________

By: (Signature of Authorized Lender Official) Date

The estimated burden for completing this form is 5 minutes. You are not required to respond to any collection of information unless it displays a currently valid OMB Control Number. The number for this collection is 3245-0348. Comments on the burden estimate

should be sent to U.S. Small Business Administration, Director, Records Management Division, 409 3rd Street, SW, Washington, DC

20416, and/or SBA Desk Officer, Office of Management and Budget, New Executive Office Building, Rm. 10202, Washington DC

20503. PLEASE DO NOT SEND FORMS TO THIS ADDRESS.

SBA Form 2237 (Revised 04/2024)