SBA SOP 50 10 8, App11.2 — Federally-regulated Lenders must comply with the requirements of their FFIR’s

sba-sop-app11-2

Verbatim text of SBA SOP 50 10 8 section App11.2 (Federally-regulated Lenders must comply with the requirements of their FFIR’s), 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 SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.

This register: .xlsx .csv

See also

SBA lending corpus: SOP 50 10 and the active notices, with the expiry watcher.

Verbatim regulatory text (1)

Verbatim provisions from SBA SOP 50 10 8, App11.2 — Federally-regulated Lenders must comply with the requirements of their FFIR’s — 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 App11.2

Effective 2025-06-01 · publisher's stamp for this provision

2. Federally-regulated Lenders must comply with the requirements of their FFIR’s requirements governing how long to retain documentation. 3. SBA Supervised Lenders must comply with 13 CFR § 120.461. B. CDCs: 1. CDCs may retain scanned copies of documents unless this paragraph specifies that the original document(s) must be retained by the CDC. CDCs must retain the original: SBA Form 1244, Application for Section 504 Loan; SBA Form(s) 159; and Any SBA Environmental Indemnification Agreement. Hard-copy records of those documents requiring original signatures must be retained unless the original signature was made in accordance with applicable standards governing electronic signatures. (See Appendix 10 for guidance on electronic signature standards.) 2. Inquiries, partial applications, and applications withdrawn, canceled, or denied by the CDC or SBA must be kept for 2 years after notification of incomplete application, withdrawal, cancelation, or decline. After 2 years, the files may be destroyed. 3. General correspondence must be kept for 1 year. Case-specific correspondence should be filed in the case file. 4. Paid off loan files (including the original application file, servicing file, and closing file), must be kept for 6 years after the loan was paid in full. 5. Files from liquidated loans (including the original application file, closing, and servicing files), must be kept for 6 years after the loan was charged off. CDC Operational Financial Records must be retained for 6 years unless otherwise indicated by SBA. Appendix 12: SBA Email Addresses

Source: SBA SOP 50 10 8, App11.2 — Federally-regulated Lenders must comply with the requirements of their FFIR’s · source URL · snapshot 535743ffe062cc34

Get this regulation in your AI window

Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.

Open in Claude Open in ChatGPT

Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.

Get notified if this rule changes

One email when SBA SOP 50 10 8, App11.2 — Federally-regulated Lenders must comply with the requirements of their FFIR’s changes: what changed, the new verbatim text, and the effective date. Nothing else.

Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.

Source of record: https://claudeforcompliance.com/regs/sba-sop-app11-2/ · register sba-sop-app11-2 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.