SBA SOP 50 10 8, C.Ch3.F — DISBURSEMENT OF DEBENTURE PROCEEDS
Verbatim text of SBA SOP 50 10 8 section C.Ch3.F (DISBURSEMENT OF DEBENTURE PROCEEDS), 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 SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.
SBA lending corpus: SOP 50 10 and the active notices, with the expiry watcher.
Verbatim regulatory text
Verbatim provisions from SBA SOP 50 10 8, C.Ch3.F — DISBURSEMENT OF DEBENTURE PROCEEDS — 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 C.Ch3.F
F. DISBURSEMENT OF DEBENTURE PROCEEDS On the scheduled sale date, the Gross Debenture proceeds, less the Underwriter’s Fee, will be wired to the CSA. Upon receipt of the proceeds, the CSA must: 1. Deduct an amount sufficient to cover the following: Its initiation fee as computed and identified by SBA in the Servicing Agent Agreement, if applicable (not presently applicable); and A guaranty fee payable to SBA, as in effect at the time of loan approval. 2. Disburse the balance of the proceeds within 48 hours of receipt of funds as follows: Payoff the interim lender of the Net Debenture amount; CDC’s Processing Fee; and Balance to Borrower based on the CSA’s computations under the pricing model. Appendices APPENDICES Appendix 1: Forms and Related SOPs
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