SBA Procedural Notice 5000-866498 Date of Birth Requirement
Summary
SBA Procedural Notice, Control No. 5000-866498, effective March 26, 2025, to SBA employees, 7(a) lenders and certified development companies, on the requirement to provide owner date of birth in E-Tran. It advises that effective March 27, 2025, SBA lenders must enter the date of birth for all owners of an applicant business that the lender enters into E-Tran. It addresses what lenders must collect until the 7(a) and 504 application forms can be updated.
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Full text
SBA Procedural Notice
TO: All SBA Employees, 7(a) Lenders, and CONTROL NO.: 5000-866498
Certified Development Companies
SUBJECT: Requirement to provide owner date of EFFECTIVE: March 26, 2025
birth in E-Tran
The purpose of this Notice is to advise 7(a) Lenders and Certified Development Companies
(CDCs) that effective March 27, 2025, SBA Lenders must enter the date of birth for all owners
of an applicant business that the SBA Lender enters into E-Tran.
Until the 7(a) and 504 application forms can be updated, as part of the loan application, SBA
Lenders must collect and submit this information.
Questions:
Questions concerning this Notice may be directed to the Lender Relations Specialist in the local
SBA Field Office.
Thomas Kimsey
Associate Administrator
Office of Capital Access
PAGE 1 of 1 EXPIRES: 3/1/26
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
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