legal · go-v.org

Premier Certified Lenders Program (PCLP).

CFR · 2024-01-01 · US · Title 13

(a) (b) (c) (1) The CDC must be an ALP CDC in substantial compliance with Loan Program Requirements or meet the criteria to be an ALP CDC set forth in § 120.841(a) through (f). (2) The CDC can adequately comply with SBA liquidation and litigation requirements. (d) (1) Certified copy of the CDC's Board of Directors' resolution authorizing the application for PCLP status. (2) Summary of the experience of each of the CDC's loan processing, closing, servicing and liquidation staff members with significant authority. (3) Name, address and summary of experience of Designated Attorney. (4) Documentation of any SBA required insurance. (5) Any other documentation required by SBA. (e) (f) (g)

official document · source cfr-2024 · id 13:§ 120.845