where to find a lawyer sba

Full Answer

How do I contact an SBA attorney?

Contact an attorney from Starfield & Smith to advise you on SBA matters by dialing (215) 542-7070 or by sending an email to info@starfieldsmith.com or visit our contact page and fill out the online form to discuss your questions with an SBA attorney.

Why do I need an SBA lawyer?

Without the advice of an experienced SBA lawyer, you could run afoul of the regulators, which may result in your loss of ability to provide SBA loans. Starfield & Smith can provide an attorney to advise you on any SBA matters or provide a range of other SBA legal services.

Who are the co-founders of SBA law?

Our co-founders David Starfield and Ethan Smith have spent decades providing SBA law and regulatory advice to our nation’s SBA lenders. They have built a strong team of attorneys and paralegals to advise on SBA matters. All of the attorneys at our firm are SBA specialists who handles SBA matters on a daily basis.

Where can I find free SBA counseling and training?

SBA and our network of partners offer free or low-cost counseling and training in your area. Enter a 5-digit zip code. SBA District Offices offer counseling, training and business development to help you start and grow your business

How do I sue a SBA?

You may report fraud, waste, mismanagement, or misconduct involving SBA programs or employees either online or by calling the Office of the Inspector General (OIG) at 800-767-0385.

Can you negotiate an SBA loan?

SBA Loans: Offers in Compromise. If the borrower is unable to pay the full amount owed on an SBA loan after all of the collateral has been liquidated, the borrower may submit an “offer in compromise.” An offer in comprise allows borrowers to settle their debt on the SBA loan for less than the full amount owed.

What is an SBA attorney advisor?

Attorneys will review loan authorizations & determine required documentation to affect the agency's collateral position. Attorneys also conduct reviews of notes, guaranties, mortgages, tax forms, affidavits regarding property, deed of trust, attorney opinions, title reports, title commitments, title policies, etc.

What happens if you can't pay your EIDL loan?

First, the lender will seek payment from the business for the outstanding balance of the loan. However, if the business cannot pay the full amount, the lender will foreclose on the collateral pledged by the business. Your business assets may not have much value. In that case, the lender will abandon the collateral.

Can SBA take my house?

The SBA loan personal guarantee that signed when you received the loan gives your lender the right to seize your personal property in the event your business can't pay with its own assets.

Can SBA loan be forgiven?

Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers will begin making loan payments to their PPP lender.

Who is not eligible for EIDL loan?

Have 300 or fewer employees. Business entities normally eligible for the EIDL program are eligible, including sole proprietors, independent contractors, and private, nonprofit organizations. Agricultural enterprises are not eligible.

What is a SBA paralegal?

Responsible for reviewing executed legal documents to determine legal sufficiency, such as Notes and Security Agreements; recordation requirements for deeds of trust and mortgages; flood insurance requirements, escrow documents, and general SBA loan procedures.

How do you contact the SBA?

Call 1-800-659-2955 (If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services) or e-mail disastercustomerservice@sba.gov .

How can I avoid paying back an SBA loan?

If you genuinely cannot repay the full value of the loan, you can fill out an “Offer in Compromise” form and send it to an SBA Loan Officer. These forms will require in-depth information on your finances and will set some amount that you are able to repay.

How much can I pay myself with EIDL loan?

A: Yes. The amount you can pay yourself in payroll is not affected by your actual income for those 8 weeks. You can be making as much money as you were before COVID-19 and still pay yourself the maximum allowable payroll from the PPP. In other words, lets say your average weekly profit from 2019 was $2,000.

Can I pay off my car with EIDL loan?

EIDL loan contract states “Use of Loan Proceeds” that the borrower will use all the proceeds of this loan solely as working capital to alleviate economic injury caused by the disaster. EIDL funds cannot pay-off old debts, refinance another debt, or buy capital assets, new construction, vehicles, etc.

Theodore P. Watson, Esq. (Washington D.C. and Denver, CO)

Founder and managing member of Watson & Associates, LLC, Mr. Watson handles business and corporate law, contract law and litigation, bid protests (GAO and COFC), government contract law, SBA attorney for 8 (a) certification and appeals, and Colorado employment law issues.

Leanna Ajour, Esq. (Denver, CO)

Leanna Ajour serves as Associate Attorney at Watson & Associates at the Firm’s Colorado office. She graduated from the University of Denver Law at the top of her class with the highest honors of the Order of St. Ives.

Jo Spence, Esq. (Washington, DC)

Jo Spence: As a federal government contracts attorney, Jo Spence serves as Of Counsel to Watson & Associates, LLC and focuses her practice on service-disabled veteran-owned small business ( SDVOSB) and veteran-owned small business (VOSB) government contract concerns, pre-award and post-award contract claims and disputes, contract and regulatory compliance, organizational conflicts of interest, alternative dispute resolution, and litigation..

Wojciech Kornacki, Esq. (Washington D.C)

Wojciech Kornacki practices in the areas of agency-level and GAO and Court of Federal Claims bid protests, federal contract compliance, and Boards of Contract Appeals litigation.

Support Staff

Call our SBA lawyers and government small business attorneys Today Toll Free 866-601-5518 or 202-827-9750 in Washington DC Free Initial Consultation [/vc_cta] [/vc_column] [/vc_row]

SBA Bid Protest Lawyer

Get needed attorney help to ASSERT or DEFEND AGAINST against a small business size protest filed with the Contracting Officer – or by the Contracting Officer, another Offeror, or the Small Business Administration (SBA) – in connection with a U.S. Government procurement under FAR 19.302 and 13 C.F.R. part 121.

SBA Bid Protests (FAR 19.302 and 13 C.F.R. part 121)

Per FAR 19.302 (a), at any time after offers are received by the Contracting Officer under a specific U.S. Federal Government contract solicitation, the Contracting Officer may question the small business SIZE representation of any offeror in that specific solicitation by filing a Contracting Officer’s size protest with the SBA.

SBA Bid Protests – Timeliness

While the Contracting Officer can file a SBA small business size or status protest at any time after the offers are opened, another offeror or interested party filing such a protest must do so subject to VERY STRICT timeliness requirements: To be timely, a protest by any concern or other interested party must be received by the Contracting Officer by the close of business of the FIFTH BUSINESS DAY after bid opening (in sealed bid acquisitions) or receipt of the special notification from the contracting officer that identifies the apparently successful offeror (in negotiated acquisitions)..

What are the agencies that SBA lenders work with?

As you are aware, the government regulatory agencies that you may have to deal with as an SBA lender include the Office of Credit Risk Management, the SBA’s Office of Inspector General, federal banking regulators, and the Department of Justice.

What happens if you don't get a SBA loan?

If you don’t, you could lose the guaranty on your loans, or even lose your ability to provide loans backed by the SBA.

Mission statement

The Office of General Counsel (OGC) provides comprehensive legal services to the Administrator and all Agency offices. These legal services include advising, analyzing and interpreting statutes, regulations and other sources of law, as well as drafting legislative, regulatory and other materials.

About Office of General Counsel

OGC employs more than fifty attorneys at the U.S. Small Business Administration's (SBA) Washington, DC Headquarters. OGC is headed by the General Counsel and two Deputy General Counsels.

Learn about SBA federal resources

SBA provides an array of technical centers, financial opportunities, export and trade assistance, and targeted outreach programs for small businesses all over the country.

Connect with SBA Resource Partners

Small Business Development Centers (SBDCs) provide entrepreneurial training and counseling.