504 Debenture Funding Schedule for Calendar Year 2022
Summary
SBA Information Notice, Control No. 5000-817452, effective October 14, 2021, to SBA employees, certified development companies and lenders, publishing the SBA 504 debenture funding schedule for calendar year 2022. It states that the schedule dates provide enhanced program marketability with investors and that the monthly Central Servicing Agent (CSA) cut-off date will continue to be about fourteen days before the pricing date. It notes that the 20 and 25-year debentures will be offered monthly.
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Full text
SBA Information Notice
TO: All SBA Employees, Certified CONTROL NO.: 5000-817452
Development Companies and Lenders
SUBJECT: 504 Debenture Funding EFFECTIVE: October 14, 2021
Schedule for Calendar Year 2022
The purpose of this Notice is to publish the SBA 504 debenture funding schedule for calendar
year 2022. The schedule dates provide enhanced program marketability with investors. The
monthly Central Servicing Agent (CSA) cut-off date will continue to be scheduled
approximately fourteen days prior to the pricing date.
PLEASE NOTE: The 20 and 25-year debentures will be offered monthly while the sale months
marked with an asterisk (*) will include the sale of 10, 20 and 25-year debentures.
Pulled
CSA Cut- Announcement Pricing Funding
Loan Changes From Prior Year Calendars
Off Date Date Date Date
Date
Cutoff moved up - Christmas markets early close
12/22/21* 1/3/22 1/4/22 1/6/22 1/12/22
12/23, closed 12/24
1/27/22 2/7/22 2/8/22 2/10/22 2/16/22
2/24/22* 3/7/22 3/8/22 3/10/22 3/16/22
3/24/22 4/4/22 4/5/22 4/7/22 4/13/22
4/21/22* 5/2/22 5/3/22 5/5/22 5/11/22
5/26/22 6/6/22 6/7/22 6/9/22 6/15/22
Pulled loan moved up - 4th July markets early close
6/23/22* 7/1/22 7/5/22 7/7/22 7/13/22
7/1, closed 7/4
7/28/22 8/8/22 8/9/22 8/11/22 8/17/22
8/25/22* 9/2/22 9/6/22 9/8/22 9/14/22 Pulled loan moved up - Labor Day 9/5 closed
9/22/22 10/3/22 10/4/22 10/6/22 10/12/22
10/27/22* 11/7/22 11/8/22 11/10/22 11/16/22
11/22/22 12/5/22 12/6/22 12/8/22 12/14/22
PAGE 1 of 2 EXPIRES: 10/1/22
SBA Form 1353.3 (4-93) MS Word Edition; previous editions obsolete
Must be accompanied by SBA Form 58
Federal Recycling Program Printed on Recycled Paper
Funding Schedule – How Dates are Set
504 Loan Closing Package Due Date - the date in each District (set and provided separately by
SBA Counsel) when 504 Loan Closing Packages must be received by SBA Counsel
Cut-off Date – the date by which the CSA must receive documents from the Certified
Development Company (CDC) for the debenture sale is approximately 14 days prior to Pricing
Date
Pulled Loan Deadline – the last date the loan may be withdrawn from the next scheduled
debenture sale is the close of business the Monday prior to Pricing Date (except July and
September)
Announcement Date - typically, the first Tuesday of the first full week of the month (beginning
and including Sunday)
Pricing Date – the date that the 504 debenture rates are set which is the first Thursday of first
full week of the month
Funding Date – the date that 504 funds are disbursed to the CSA for distribution, which occurs
Wednesday of week following Pricing Date
Questions
Questions regarding this funding calendar should be directed to Linda Reilly at
linda.reilly@sba.gov.
Dianna L. Seaborn
Director
Office of Financial Assistance
PAGE 2 of 2 EXPIRES: 10/1/22
SBA Form 1353.3 (4-93) MS Word Edition; previous editions obsolete
Must be accompanied by SBA Form 58
File and source
- File
- 2021-10_Info-Notice-5000-817452-504-Debenture-Funding-Schedule-CY22-508.pdf
- Size
- 130,304 bytes
- SHA-256
- 553c75c3de03d3a95575cff56cfcdeda163eb6bdef6fafff93b469ae46aec049
- Original
- www.sba.gov