CUNA Regulatory Comment Call


September 28, 2007

SBA RE-ENGINEERING 7(a) LOAN APPLICATION

EXECUTIVE SUMMARY

DISCUSSION

QUESTIONS REGARDING THE PROPOSAL

  1. The SBA is proposing to redesign its Borrower Application Form (SBA Form 4). Would you make changes to this form?
    a. Yes _____
    b. No _____
    If yes, what modification(s) do you suggest?
















  2. The SBA is also proposing to redesign its Lender’s Application for Guaranty or Participation (SBA Form 4-1). Would you make changes to this form?
    a. Yes _____
    b. No _____
    If yes, what modification(s) do you suggest?
















  3. Do you agree with SBA’s plan to implement a tiered loan application process that will require less information for smaller loans but more information from a borrower or lender as the size and/or complexity of a loan increases?
    a. Yes _____
    b. No _____
    Please explain why or why not.
















  4. Please provide any additional comments.
















Eric Richard • General Counsel • (202) 508-6742 • erichard@cuna.com
Mary Mitchell Dunn • SVP & Deputy General Counsel • (202) 508-6736 • mdunn@cuna.com
Jeffrey Bloch • Assistant General Counsel • (202) 508-6732 • jbloch@cuna.com
Lilly Thomas • Assistant General Counsel • (202) 508-6733 • lthomas@cuna.com