SBA SOP 50 10 8, C.Ch2.C.6 — Debenture Pools

sba-sop-c-ch2-c-6

Verbatim text of SBA SOP 50 10 8 section C.Ch2.C.6 (Debenture Pools), effective 2025-06-01. 2 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 SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.

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Verbatim regulatory text (2)

Verbatim provisions from SBA SOP 50 10 8, C.Ch2.C.6 — Debenture Pools — 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.Ch2.C.6

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

6. Debenture Pools Neither a Borrower nor an Associate of the Borrower may purchase an interest in a Debenture Pool in which the Debenture that funded its 504 loan has been placed. (13 CFR § 120.939) 7. Post-Disbursement Issues A CDC may request changes on disbursed 504 loans by contacting the appropriate SBA CLSC.

Source: SBA SOP 50 10 8, C.Ch2.C.6 — Debenture Pools · source URL · snapshot 535743ffe062cc34

SOP 50 10 8 C.Ch2.C.7.i

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

i. Guidance on loan servicing is outlined in SOP 50 55, “504 Loan Servicing and Liquidation.” CDCs may not unilaterally approve any adjustment to or change in the ownership of a Borrower, including a change in percentage of ownership, for 12 months after final disbursement on any loan. ii. 13 CFR Part 120, subpart E outlines requirements under SBA loan servicing, liquidation, and debt collection litigation. Prepayment: The Borrower may prepay its 504 loan. The repurchase price of the Debenture shall be an amount equal to the outstanding principal balance of the Debenture, plus interest accrued and unpaid thereon to the repurchase date, plus a prepayment fee, known as a repurchase premium (“RP”). More information may be found at: i. 13 CFR § 120.940 addresses prepayment of the 504 loan or debenture. ii. SBA’s SOP 50 55, contains information on prepayment or purchase of a development company loan or debenture. iii. SBA Form 1504, “Development Company 504 Debenture,” outlines the calculation of the prepayment fee. iv. Guidehouse Inc. is the current Central Servicing Agent (CSA) for closed SBA 504 loans. Section C, Ch 3 Debenture Pricing and Funding CHAPTER 3: DEBENTURE PRICING AND FUNDING 13 CFR § 120.931

Source: SBA SOP 50 10 8, C.Ch2.C.7.i — Guidance on loan servicing is outlined in SOP 50 55, “504 Loan Servicing · source URL · snapshot 535743ffe062cc34

Operationalizing SBA SOP 50 10 8, C.Ch2.C.6 — Debenture Pools

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.

Source of record: https://claudeforcompliance.com/regs/sba-sop-c-ch2-c-6/ · register sba-sop-c-ch2-c-6 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.