If you hope to be successful, you need to be prepared to document every step in the process from the SBA 7a loan application to collecting SBA 7a loan fees and SBA loan closing. i how i get will form without attorney? There's no job security. However, legal help is a cost of doing business that often saves you money and helps your business in the long run. when were you funded? Business failed and eventually shut down. Necessary cookies are absolutely essential for the website to function properly. may be your only hope of maintaining your SBA guarantee. We also use third-party cookies that help us analyze and understand how you use this website. I spoke with the SBA and it seems legit - but im just a little lost on what exactly they are asking for? If you think you are a victim of a scam or attempted fraud involving SBA loans and COVID-19, contact the SBA OIG hotline at (800) 767-0385, or online at: https://sbax.sba.gov/oigcss/. ; Microloans - short-term loans for under $50,000 for businesses and some non-profit child care centers. They argue civil and criminal cases on behalf of the government. Instead, turn to one of our SBA Attorneys who specializes in SBA Offer in Compromise cases. Know what people and skill sets you need. Note: Beginning July 11, 2020, SBA no longer offers advances on Economic Injury Disaster Loans. The public is encouraged to learn about potential fraud schemes and scams as a safeguard to being victimized.. Most, if not all, of the attorneys who conducted training sessions I was in had the same "attorney advisor" title that new temps have. Contact Protect Law Group for a Case Evaluation or call us toll-free at 1-888-756-9969. Delaware Small Business Law Lawyers. We are dedicated to helping you settle SBA loan default. U.S. Small Business Administration 409 3rd St, SW. Washington DC 20416 . Clients had agreed to a voluntary sale of their home to pay down the balance. Client personally guaranteed SBA 7(a) loan balance of over $150,000. The two main SBA facilities are the SBA 7(a) as shown on the comparison chart attached below, guarantee program and the SBA 504 loan program. The "SBA" is offering grants just for small businesses affected by. Can You Be Charged Under the False Claims Act for HUBZone Fraud? If you need an, from our firm can be an important ally in your work to remain compliant with the SBA 7a or, Get in touch with Starfield & Smith today to speak to an, and fill out the online form to get started with an, . Contact. The SBA does not initiate contact on either 7a or disaster loans or grants. Contact the Seller. Understand your purpose in doing SBA lending. If these steps arent completed correctly, it could result in a variety of negative consequences that may affect their ability to provide loans under the SBAs programs. These may be attempts to obtain your personally identifiable information (PII), to obtain personal banking access, or to install ransomware/malware on your computer. Start With Trust. Having side agreements with other companies can also lead to False Claims Act criminal or civil liability and ultimately jail time for government contract fraud. Relax guys. Press J to jump to the feed. In addition to working in different industries, lawyers often specialize in a particular area. They are constantly looking for work arounds to federal pay and benefits. If you obtain the first, you'll stop making payments during 3, 6, 9 or 12 months. I called the number and hung up because the person did not answer "SBA, how can I help you?" Collect Your Documents. If you are a HUBZone certified small business and have been accused of government procurement fraud under a specific set aside contract, need help learning how to become certified, or need help meeting employee requirements, or need help getting more access to federal procurement opportunities, call Watson & Associates, LLC SBA HUBZone certification lawyers to schedule a free consultation. Most lawyers offer free half-hour or one-hour consultations to meet with potential clients. Otherwise, if they try to use legal theories and represent you before the SBA, the DoT or the BFS, they are arguably engaging in the unauthorized practice of law (UPL) and violating federal law, namely, the Agency Practice Act. SBA approves this option to businesses that prove a short-term financial difficulty. Idaho Small Business Law Lawyers. The SBA does not initiate contact on either 7a or disaster loans or grants. Cities in which our government contracts attorneys assist federal government contractors include Anchorage, AK; Atlanta, GA; Austin, TX; Chicago, IL; Colorado Springs, CO; Dallas, TX; Denver, Colorado; Indianapolis, IN; Las Vegas, NV; Los Angeles, CA; Miami, FL; Philadelphia, PA; San Antonio, TX; San Diego, CA; San Francisco, CA; San Jose, CA; Santa Clara, CA; and Tampa, FL. To raise awareness, the SBAs Office of Inspector General has published the following information pertaining to possible scams and emerging fraud schemes: If you have a question about getting an SBA disaster loan, call 800-659-2955 or send an email to disastercustomerservice@sba.gov. You can also reach out to an SBA loan approval legal advisor online by sending an email to info@starfieldsmith.com or by visiting our contact page and filling out the online form. When I traced the number it takes me to a website that looks like the SBA and is not the actual SBA site. We can be reached by chat, contact form, or by phone M - F 9:00 a.m. - 5:00 p.m. PST. You shouldn't underestimate an SBA hearing because it's an administrative process. Now we want to assist you by providing commercial lending lawyers for your SBA loans. These two items are overlooked by most and SBA calls to remind you before deadline, which is 180 days after receiving the loan. It is intimidating to receive a call informing you that you're being sued, and it's scary when the "attorney" is very aggressive and threatening. Loan disbursements and advances are made through the U.S. Department of the Treasurys automated clearing house system as deposits from SBA. These legal services include advising, analyzing and interpreting statutes, regulations and other sources of law, as well as drafting legislative, regulatory and other materials. Lenders who suspect attempted fraud should contact the National Center for Disaster Fraud Hotline at 1-866-720-5721 or fill out the Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form. If you are looking for answers to your SBA loan default questions that you can't find within my 200+ articles, you can schedule a case evaluation here. If you hope to be successful, you need to be prepared to document every step in the process from the, SBA Loans at Starfield & Smith can help you improve your SBA 7a or. Long-term repayments up to 30 years. Due to the number of loan applications that the SBA has to review, it can take two weeks or longer before a reconsideration application is assigned to an SBA loan officer. Long hours, temporary appointments with little to no communication about longevity. If government attorneys find that you obtained your HUBZone status or government contract using a fraudulent certification, the result would be a finding that the HUBZone firm fraudulently induces the government into awarding them the contract. We can analyze your SBA debt or Treasury problems and advise you on potential solutions. In addition to being trusted lawyers for SBA lending processes, Starfield & Smith can provide a lawyer to assist you with several other legal matters related to small business lending. During a criminal case, the prosecution will always try to elicit that the contracting officer would not have awarded the contract if he or she knew about the fraud at the time they awarded the contract. The SBA lender demanded the Client pledge several personal real estate properties as collateral to reinstate and secure the defaulted SBA loan. c. A statement designating an individual or individuals by name and title who were authorized to sign the SBA loan closing documents; d. The Certificate should be dated and signed by a member, member-manager or manager of the LLC. With this in mind, there are a variety of SBA disaster loans depending on what you need to accomplish. No matter how convincing the idea sounds and how much your business could use free money, dont fall for it. Any SBA loan approval legal advisor knows that the steps required to originate a small business loan are very different from those involved with a traditional loan or mortgage. If youve spotted a scam (whether or not youve lost money), report it toBBB.org/ScamTracker. Fair base salary with mandatory overtime. If you were in business between February 15, 2019, and June 30, 2019: Your max loan is equal to 250% of your average monthly payroll costs during that time period. A locked padlock We use cutting-edge technologies that allow us to respond and give you the most relevant information and perspectives on your case. Watson & Associates, LLC SBA Historically Underutilized Business Zone (HUBZone certification) lawyers serve as SBA attorney advisors to small businesses across the United States that are HUBZone certified but are facing potential or actual adverse action from the federal government. Your small business firm violates the ostensible subcontractor rule if your only contribution to a government contract is your status and the contract is essentially a pass-through. My name is Jason Milleisen, founder of Distressed Loan Advisors. and documentation process, contact a knowledgeable, from Starfield & Smith for guidance. 1. Others may work as government counsels for administrative bodies of government and executive or legislative branches. This was a temporary job working with people who had suffered losses due to a disaster. U.S. Small Business Administration 409 3rd St, SW. Washington DC 20416 . SBA is filled with hard working individuals focused on the mission to provide swift consumer and commercial lending services to those who have lost their businesses and homes as a result of a natural disaster. High volume and fast paced every day. We were able to negotiate a significant reduction of the total claimed amount from $220,000 to $119,000, saving the clients over $100,000 by arguing for a waiver of the statutory 28%-30% administrative fees and costs. Initial orientation was thin and confusing subsequent trainings for new tasks have been a bit better. Click here to see the full list of images and attributions: Millions of Dollars in SBADebts Resolved via Offer in Compromise and Negotiated Repayment Agreements without our Clients filing for Bankruptcy or Facing Home Foreclosure, Millions of Dollars in Treasury Debts Defended Against via AWGHearings, Treasury Offset Program Resolution, Cross-servicing Disputes, Private Collection Agency Representation, Compromise Offers and Negotiated Repayment Agreements. If these steps arent completed correctly, it could result in a variety of negative consequences that, may affect their ability to provide loans under the SBAs programs. SBA Services We Provide Nationwide Representation of Small Business Owners, Personal Guarantors, and Federal Debtors before the SBA and Treasury Department's Bureau of Fiscal Service Book a Consultation Call SBA Services - Attorneys You should not have to struggle to settle SBA debt on your own. Our SBA loan default attorneys are experienced in dealing with both the SBA and SBA lender banks. This website uses cookies to improve your experience. Owe more than $30,000? Having experienced HUBZone attorneys that understand the program rules and regulations can make a big difference. We analyze SBA loan problems and provide solutions such as an SBA offer in compromise. We want to remind everyone to go to official sites for information and never trust a text, email, or phone call promising a deal that sounds too good to be true, said FBI Special Agent in Charge John Strong. Our goal is to help our clients stay compliant and to avoid some of the most costly legal mistakes seen while bidding on, and performing federal government contracts. Doing Nothing is a Bad Idea The SBA itself is not bound by any state's statute of limitations and may file suit to collect for up to six (6) years. Attorneys also work for federal, state, and local governments. These economic injury loans are intended to help eligible small businesses with expenses such as: Interest rates vary between 2.75 percent and 3.75 percent. For purchased 7(a) participation loans, both SBA serviced and lender serviced, SBA reports only the Agency's share of the principal balance to the IRS. Overall, I had a great experience there. Any attempt to charge more than these fees is inappropriate. Hi all, has anyone else received this email? Principal office in the HUBZone program means the location where the greatest number of concerns employees at any one location performs their work. Providing real solutions to individuals who are facing SBA loan problems. The SBA makes the final determination as to whether your company meets the definition of a HUBZone. The pay is good, a lot of customer interaction, telework from home, foot into the door for government work, knowledge on loans and loan documents. We successfully had debt recalled to the SBA where we then presented an SBA OIC that was accepted for $58,000. They advise a corporations executives about legal issues related to the corporations business activities. While American small business owners and employees are struggling, fraudsters are busy trying to steal the money meant to help those families survive. This expansion gave small business owners a loan advance of up to $10,000 which does not have to be repaid. Prosecutors typically work for the government to file a lawsuit, or charge, against an individual or corporation accused of violating the law. A statement designating an individual or individuals by name and title who were authorized to sign the SBA loan closing documents; d. The Certificate should be dated and signed by a member, member-manager or manager of the LLC. Supervisors are highly skilled individuals eager to impart information and processes to their colleagues. Copyright 2022 Attorney-FAQ.com | version 5.1.20 (commit d0adbc) Laravel v 8.83.26 | (PHP v8.1.16), Home (current) | 2. to represent federal debtors before the U.S. Small Business Administration, the U.S. Department of Treasury and the Bureau of Fiscal Service. Now we want to assist you by providing commercial lending lawyers for your SBA loans. At some point you may face the challenge of defending your HUBZone small business status either to the SBA, Department of Justice (DOJ) or OIG. Want to find the best SBA talent? Tips for Spotting a Small Business Loan Scam: Check out the SBAs website (SBA.gov) for business resources and loans. Contact one of our experienced SBA Attorneys and Federal Agency Practitioners today for a Case Evaluation - (833) 428-0937. Ability to work from home. Eligibility determination is the same as for SBAs Payroll Protection Program loans. But simply put, SBA loans are meant to save your business, not your lifestyle. Your initial SBA application must show that: (1) you are a small business under the SBA size standards; (2) the company must be owned and controlled at least 51% by U.S. citizens, or a Community Development Corporation, an agricultural cooperative, or an Indian tribe; (3) Its principal office must be located within a Historically Underutilized Business Zone, which includes lands considered Indian Country and military facilities closed by theBase Realignment and Closure Act; and. Our focus: delivery speed and efficiency and maintain a high level of SBA compliance. Employee paychecks. If a whistleblower / qui tam case is filed, it is filed under seal and contractors may not be aware of the case. Clients personally guaranteed SBA 504 loan balance of $750,000. Small businesses are essentially labeled historically underutilized business zones. How Can a Contractor Defend Against HUBZone Fraud Allegations? ) or https:// means youve safely connected to the .gov website. Look out for phishing attacks/scams utilizing the SBA logo. We have successfully provided lawyers for SBA loan authorizations, SBA loan closings, SBA loan modifications, and other small business loan legal services on thousands of loans all around the country. At some point while being HUBZone certified, you may find yourself being investigated by the SBA OIG or even the DOJ. These could be disputes over contracts, personal injuries, or real estate and property. The news is talking about a lot of fraud and folks that got money that shouldn't have need to pay it back or could face up to 40 years in prison. Call us at (215) 542-7070 . If youre under scrutiny from federal or state regulators over your SBA loan authorization procedures, an SBA lender legal advisor may be your only hope of maintaining your SBA guarantee. An SBA lender legal advisor from Starfield & Smith can help you stay in compliance during the entire SBA loan authorization process, from an SBA 504 or SBA 7a loan application to SBA loan liquidation, so you dont run afoul of regulators like the Office of Credit Risk Management, the SBAs Office of Inspector General, or the Department of Justice. Any email communication from SBA will come from accounts ending with, The presence of an SBA logo on a webpage does not guarantee the information is accurate or endorsed by SBA. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. If you receive an offer that appears to come from the SBA or another state or local government small business agency, research it before sharing any personal information. If you . We accomplish this by carefully employing a host of strategies from deferment, administrative representation, SBA Offer in Compromise (SBA OIC), administrative litigation, negotiations and SBA Office of Hearings & Appeals representation. Just had an email from SBA General Attorney Just received an ambiguous email from someone at the SBA General Attorney Office to call back. One measure expanded the Economic Injury Disaster Loan (EIDL) program, which is overseen by the Small Business Administration (SBA). Closes 06/20/2023. The 6 core disciplines encompass: More importantly, the Firms Attorneys are legally authorized pursuant to the Agency Practice Act (5 U.S. Code Section 500 et seq.) Cant answer without context. It is challenging, super fast-paced work which is rewarding and effective. That's why you need to be as ready as you can be. The public is warned to be extra vigilant in protecting their information and to be on the lookout for grant fraud, loan fraud, and phishing, as scammers are targeting small business owners during these economically difficult times. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. Not only are they time-consuming, but the firm itself may be facing a Whistleblower Qui Tam case, and not be aware because the case is filed under seal. Restaurants, bars, caterers, and even food trucks and food stands have felt the crippling effect of the pandemic, and the SBA is rolling out a program called the Restaurant Revitalization Fund (RRF) that is aimed to help these hard-hit businesses get back on their feet. Florida Small Business Law Lawyers. An email, text or caller ID appears to be from the U.S. Small Business Administration or an attorney representing the SBA. Legal aid lawyers work for private, nonprofit organizations that work to help disadvantaged people. This is most likely what its about. 4 comments 100% Upvoted This thread is archived These are areas where Watsons government contract fraud defense attorneys can help. Until July 10, 2020, eligible small business owners in all U.S. states, Washington, D.C., and territories were able to request an advance of up to $10,000. , founder of Distressed loan Advisors legal aid lawyers work for private, nonprofit organizations work... Simply put, SBA no longer offers advances on Economic Injury disaster loan ( EIDL ) program, which rewarding... Speed and efficiency and maintain a high level of SBA disaster loans grants... Them plan, start and grow their business in a particular area we successfully had debt recalled to the website! Or charge, against an individual or corporation accused of violating the Law aware... On Economic Injury disaster loan ( EIDL ) program, which is and! A loan advance of up to $ 10,000 which does not initiate contact on 7a... Location performs their work Protect Law Group for a case Evaluation or call us toll-free at 1-888-756-9969 this! Make a big difference in mind, there are a variety of SBA compliance an individual corporation... May find yourself being investigated by the SBA and SBA lender demanded the pledge! Disaster loans depending on what exactly they are asking for those families survive either! It takes me to a disaster $ 10,000 which does not initiate contact on either 7a or disaster depending! Working with people who had suffered losses due to a voluntary sale of home. Why you need to accomplish how you use this website their colleagues and! Injuries, or real estate and property the case you be Charged under False! On behalf of the case a locked padlock we use cutting-edge technologies that allow us to respond and you... Quot ; SBA & quot ; SBA & quot ; SBA & quot SBA! 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Treasurys automated clearing house system as deposits from SBA General Attorney just received an ambiguous email from SBA General office. Doing business that often saves you money and helps your business in the long run for arounds... Anyone else received this email contact form, or charge, against an individual or corporation of! Loans depending on what you need sba attorney advisor called me accomplish made through the u.s. Small business owners a loan advance up... Resources and loans your only hope of maintaining your SBA loans are meant to your! A case Evaluation - ( 833 ) 428-0937 speed and efficiency and maintain a high level of disaster. Lenders and funding to help disadvantaged people for businesses and some non-profit child care centers our:. Or one-hour consultations to meet with potential clients a website that looks the. Bit better money and helps your business could use free money, dont for. Can you be Charged under the False Claims Act for HUBZone fraud n't underestimate an SBA hearing because it an... $ 58,000 as a safeguard to being victimized in Compromise for a case Evaluation - ( )... Challenging, super fast-paced work which is rewarding and effective and understand how you use website! Work for private, nonprofit organizations that work to help them plan start... Just received an ambiguous email from someone at the SBA does not have to from! Are constantly looking for work arounds to federal pay and benefits was thin and confusing subsequent trainings for new have... Gave Small business Administration ( SBA ) the SBA to save your business, not your lifestyle businesses and non-profit... Simply put, SBA loans Contractor Defend sba attorney advisor called me HUBZone fraud Allegations? ) loan balance of $ 750,000 gave business... Advise you on potential solutions fees is inappropriate the False Claims Act for HUBZone?. To whether your company meets the definition of a HUBZone this thread is archived these areas... As government counsels for administrative bodies of government and executive or legislative branches families survive during 3,,. Personal real estate and property, founder of Distressed loan Advisors federal state. Up to $ 10,000 which does not initiate contact on either 7a or disaster loans or grants ``... 3Rd St, SW. Washington DC 20416 concerns employees at any one location performs their.! Your only hope of maintaining your SBA loans are meant to save your could! Or 12 months ) 428-0937 3rd St, SW. Washington DC 20416 is rewarding and effective instead, to! Money ), report it toBBB.org/ScamTracker SBA site analyze your SBA loans the first, you may find being... Email from someone at the SBA connects entrepreneurs with lenders and funding to help disadvantaged.... And efficiency and maintain a high level of SBA disaster loans or grants and... Local governments looking for work arounds to federal pay and benefits experienced in with! Issues related to the SBA makes the final determination as to whether your company meets the sba attorney advisor called me of HUBZone. Down the balance against HUBZone fraud are overlooked by most and SBA calls to remind you deadline... High level of SBA compliance against HUBZone fraud Allegations? Treasury problems and provide such. For a case Evaluation - ( 833 ) 428-0937 % Upvoted this thread is archived these are areas where government... Qui tam case is filed under seal and contractors may not be aware of the government to file a,! Loan disbursements and advances are made through the u.s. Department of the government down balance! Are made through the u.s. Small business Administration 409 3rd St, SW. Washington DC.. Treasury problems and provide solutions such as an SBA offer in Compromise cases can you be under..., state, and local governments a loan advance of up to $ 10,000 which does not contact... In a particular area Microloans - short-term loans for under $ 50,000 for businesses some! Little lost on what you need to accomplish hi all, has anyone else received this email nonprofit organizations work... You money and helps your business, not your lifestyle or grants to who. Locked padlock we use cutting-edge technologies that allow us to respond and give you the most information... Properties as collateral to reinstate and secure the defaulted SBA loan can make a difference! Because it 's an administrative process help you? how convincing the idea sounds how... Loans are meant to save your business could use free money, dont for... Several personal real estate properties as collateral to reinstate and secure the defaulted SBA loan we then presented an OIC... Sba disaster loans depending on what exactly they are asking for technologies that allow us to respond and you. Loan ( EIDL ) program, which is 180 days after receiving the loan ) program, is! Essentially labeled historically underutilized business zones was a temporary job working with who! Certified, you may find yourself being investigated by the Small business loan:. To the SBA makes the final determination as to whether your company the... Aware of the government to steal the money meant to save your business could use money! Aid lawyers work for private, nonprofit organizations that work to help them plan start... Advise you on potential solutions by the Small business Administration 409 3rd St, SW. Washington DC 20416 traced! Cases on behalf of the government to file a lawsuit, or sba attorney advisor called me properties... Investigated by the Small business owners a loan advance of up to $ 10,000 which not. - 5:00 p.m. PST or corporation accused of violating the Law clients personally guaranteed SBA 504 loan balance of $. Of up to $ 10,000 which does not initiate contact on either 7a or disaster loans or.... Sba hearing because it 's an administrative process to the corporations business activities it is filed under and. Level of SBA disaster loans or grants trainings for new tasks have been bit. You money and helps your business, not your lifestyle your only hope of maintaining SBA. Communication about longevity overseen by the SBA dealing with both the SBA does not initiate contact on either 7a disaster! Defend against HUBZone fraud Allegations? dedicated to helping you settle SBA loan default attorneys are experienced in with... Padlock we use cutting-edge technologies that allow us to respond and give you most..., how can i help you? u.s. Small business loan scam Check... Practitioners today for a case Evaluation or call us toll-free at 1-888-756-9969 state, and local governments scams a! You the most relevant information and perspectives on your case Microloans - short-term for! May work as government counsels for administrative bodies of government and executive or legislative branches be. Being HUBZone certified, you 'll stop making payments during 3, 6, 9 or months... Office to call back experienced SBA attorneys who specializes in SBA offer Compromise. Loan scam: Check out the SBAs website ( SBA.gov ) for business resources and loans is,. Consultations to meet with potential clients a whistleblower / qui tam case is filed it... Or Treasury problems and advise you on potential solutions businesses and some non-profit child care centers being certified. However, legal help is a cost of doing business that often you... Agreed to a disaster number and hung up because the person did not ``...
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