SBA LENDING
McKenna Storer has a long history of providing representation to banks and other financial institutions on issues pertaining to the Small Business Administration. We have reviewed, documented and closed 504 loans and 7A loans for several lenders in Illinois and other states. We have been representing SBA lenders since 2011 in documenting loans across the country and doing commercial workouts. We also do commercial collection litigation.
We review our client’s description of the transaction, and sometimes suggest changes to ensure compliance with the SBA’s Standard Operating Procedures. We are “hands-on” with each transaction, are very responsive, and give great care to the details of each transaction so that it conforms to the SBA’s SOPs. We then create the closing documents and work with the lender, borrower, and title company to close each transaction quickly and smoothly.