Sign up for email updates from SBAReceive helpful business tips and upcoming events in your area.


Lenders Menu

Entering a 7(a) Loan Into Liquidation

See the information below from SBA and the National Guaranty Purchase Center on entering a 7(a) loan into liquidation.

  • How to request liquidation status transfer The process begins when you notify SBA to reclassify a loan into liquidation status. Therefore, before any action can be done at the NGPC the loan will have to be transferred into...
  • Reporting Requirements There is a dual reporting requirement on loans in liquidation.   On a monthly basis, all SBA loans are reported on the SBA 1502 report.  When the loan is transferred into liquidation status, please...
  • Requesting Reimbursement for Care and Preservation Expenses Due to the success of the NGPC 10 Tab Purchase System, the NGPC has developed a CPC Tab System designed to standardize and simplify the CPC request process. It is hoped...

Subscribe to E-mail Updates for New Forms and Content

Find a SBA Resource

Reach out to local and regional
SBA offices...

Find a Document

Use our tool to track down the files you need.

Submit Your Forms...

Submit documents electronically to an SBA Loan Center using SendThisFile, or use the E-Tran tool for 7(a) applications.