September 1, 2010

New SBA SOP 5010 Announcement with Significant Changes -- Exclusive Coverage

Follow us on Twitter.com/BobColeman #sba #americaeast #sbasop live from 8:00am ET to 12:00pm ET from the America East SBA Lender's Conference in Portland, Maine.

Agenda

8:00am ET - 9:30am ET
Judith Canales, Administrator, Rural Business Service, U.S. Department of Agriculture, Keynote

***James E. Rivera, Associate Administrator, SBA Office of Disaster Assistance, Office of Administrator, Washington, D.C., will highlight the role of the commercial lender and the SBA, working together to help our small businesses during floods, hurricanes and other natural disasters.***

9:30am ET - 10:45am ET
Meet the Regulators: Roundtable Discussion with Senior Officials of Lender Regulatory Agencies

Robert Nelson, SBA District Director, MA - Moderator
- Federal Deposit Insurance Corporation, Dan Frye, Area Director, MA
- U.S. Department of Treasury - Office of Thrift Supervision, Jonathan Doherty, Field Manager, Thrift, MA
- National Credit Union Admin., Homver McLemore, Sr. Examiner, ME
- U.S. Department of Treasury - Office of Comptroller of the Currency, Darrin Benhart, Directory of Commercial Credit Policy, MA
- State of Maine, Bureau of Financial Institutions, Don Groves, Deputy Superintendent, Bureau of Financial Institution, ME
- Federal Reserve Bank of Boston, Mike Watson, Supervision Regulation & Credit Department, MA

11:00am ET - 11:30am ET
***James W. Hammersley, Deputy Assistant Administrator, Office of the Administrator, SBA, Washington, D.C. Breaking news for our lenders, we anticipate the new SBA SOP 50-10, Loan Processing, will be approved very soon. Jim will do a 30 minute preview of the significant changes, which will have a very beneficial impact on lenders and our customers.***

11:30am ET - 12:00pm ET
"What Works, What Doesn't Work, What Next?"

- Jeanne Hulit, Regional Administrator, SBA, New England - Moderator
- Marie Johns, SBA Deputy Administrator
- Jess Knox, SBA Associate Administrator of Field Operations
- Jim Hammersley, SBA Deputy Asst. Administrator, Office of the Administrator
- Grady Hedgespeth, SBA Directory of Financial Assistance

12:00pm ET
Conference Adjourns