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PCLP CDCs / PCLP Approved Loans Unilateral Action Notification
PCLP CDCs/PCLP Approved Loans Unilateral Action Notification is a 1-page legal document that was released by the U.S. Small Business Administration and used nation-wide.
FAQ
Q: What are PCLP CDCs?
A: PCLP CDCs are lenders authorized by the Small Business Administration (SBA) to participate in the 504 Loan Program.
Q: What is PCLP?
A: PCLP stands for the Premier Certified Lenders Program, which is a program that allows certain lenders to process, close, and service SBA 504 loans without SBA's prior approval.
Q: What are PCLP approved loans?
A: PCLP approved loans are loans that have been processed, closed, and serviced by PCLP CDCs under the Premier Certified Lenders Program.
Q: What is a Unilateral Action Notification?
A: A Unilateral Action Notification is a notification sent by the SBA to a PCLP CDC when the SBA takes an action without the consent or participation of the PCLP CDC.
Q: What does a Unilateral Action Notification mean?
A: A Unilateral Action Notification means that the SBA has made a decision or taken an action without consulting the PCLP CDC.
Q: What should a PCLP CDC do if they receive a Unilateral Action Notification?
A: If a PCLP CDC receives a Unilateral Action Notification, they should review the notification and contact the SBA if they have any questions or concerns.
Form Details:
- The latest edition currently provided by the U.S. Small Business Administration;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more legal forms and templates provided by the issuing department.
