SBA SOP 50 10 8, B.Ch2.D.3 — Reconsideration of Declined Non-Delegated 7(a) Small Loan Applications
Verbatim text of SBA SOP 50 10 8 section B.Ch2.D.3 (Reconsideration of Declined Non-Delegated 7(a) Small Loan Applications), effective 2025-06-01. 1 provision(s) quoted from the SOP PDF. SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.
Verbatim regulatory text
Verbatim provisions from SBA SOP 50 10 8, B.Ch2.D.3 — Reconsideration of Declined Non-Delegated 7(a) Small Loan Applications — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
SOP 50 10 8 B.Ch2.D.3
3. Reconsideration of Declined Non-Delegated 7(a) Small Loan Applications (13 CFR § 120.193): If the Lender believes the reason(s) for decline have been overcome, a request for reconsideration may be submitted along with a detailed written explanation of how the Applicant has overcome the reason(s) for decline. Lender must submit a request for reconsideration to the LGPC within 6 months of the date of decline. If a request for reconsideration is declined by the LGPC, a second reconsideration may be requested from the D/FA or designee, whose decision is final. The request to the D/FA or designee must be submitted to the LGPC and must include a copy of the Center’s decline letter and include additional information that specifically addresses the reason(s) identified for decline and how the Applicant has overcome those reason(s). The LGPC will forward the request to the D/FA or designee for a final decision.
Operationalizing SBA SOP 50 10 8, B.Ch2.D.3 — Reconsideration of Declined Non-Delegated 7(a) Small Loan Applications
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Source of record: https://claudeforcompliance.com/regs/sba-sop-b-ch2-d-3/
· register sba-sop-b-ch2-d-3 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.