Find counselors SBA-guaranteed business loans 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. Whether theyre banks, credit unions, or non-bank entities, lenders who work with the United States Small Business Administration (SBA) have a responsibility to carefully document every step of the SBA 7a or SBA 504 loan process and ensure that proper SBA funding and closing procedures are followed. 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. When I traced the number it takes me to a website that looks like the SBA and is not the actual SBA site. Naturally, the friend is not really a friend, but a compromised Facebook account, contacting all of your friends on Facebook. No matter how convincing the idea sounds and how much your business could use free money, dont fall for it. The current maximum loan amount is $150,000 per entity or a maximum amount of $2 million for all affiliated businesses. ), Fake businesses established specifically to apply for SBA assistance, Borrowers working with third parties to obtain Economic Injury Disaster Loan funds in exchange for keeping a percentage of the funds, Borrowers using economic injury loan money to start businesses. If your business employs seasonal workers, you can opt to choose March 1, 2019, as your time period start date. Terms are based on the borrowers ability to repay but may be up to a maximum of 30 years. They're also sifting through advice on how to keep employees, maintaining a safe work environment and tips on how to stay cybersecure online. The Small Business Act regulations require that, with the exception of certain specified entities, qualified small business concerns have a principal office located in a Government HUBZone. You improve your chances of being retained by being quick to pick up new things and being a pleasant person to work with, but even then, you have no guarantee. Suite 1650 Many debtors believe that filing bankruptcy will eliminate it. Ask for a preparer tax identification number (PTIN) The IRS requires anyone who prepares or assists in preparing . Prosecutors typically work for the government to file a lawsuit, or charge, against an individual or corporation accused of violating the law. We advise everyone to remain vigilant in safeguarding their personal and their business information, and to be particularly discerning of emails or other solicitations related to economic relief programs. The next step after sourcing a handful of business attorneys is to meet with all of them. Contact Protect Law Group for a Case Evaluation or call us toll-free at 1-888-756-9969. Relax guys. Request a SCORE Mentor as your advisor to small business success. A: Yes. The EIDL Program is another useful resource for businesses and nonprofit organizations to obtain additional funds in lieu of and/or on top of Paycheck Protection Loans (" PPP Loans "). At LaHatte Law, LLC in Metairie, our SBA loan application lawyers are available to advise small business owners in New Orleans, Jefferson Parish, and the surrounding areas who are thinking of applying for the SBA's Economic Injury Disaster Loan (EIDL), the Paycheck Protection Program (PPP), and other funding. 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. Here your best option would be negotiating an SBA repayment plan. Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending. This expansion gave small business owners a loan advance of up to $10,000 which does not have to be repaid. It is mandatory to procure user consent prior to running these cookies on your website. Clients borrowed and personally guaranteed an SBA 7a loan. These are areas where Watsons government contract fraud defense attorneys can help. Does my HUBZone business violate the Ostensible Subcontractor Rule as a Pass-Through Only? Supervisors are highly skilled individuals eager to impart information and processes to their colleagues. BBB.org/ScamTracker has received several recent reports about a sophisticated new twist. 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. Each has unique characteristics and requirements, making attention to detail and intimate knowledge of the SBA's Standard Operating Procedures are a necessity in closing the transactions. Protect Law Group has proven, nationwide experience handling regulatory and compliance issues involving the SBA loan program. Discuss all your options with advisors and friends you trust ones that will tell you the truth! Definitely not worried about getting the money and not needing it. These legal services include advising, analyzing and interpreting statutes, regulations and other sources of law, as well as drafting legislative, regulatory and other materials. Now we want to assist you by providing, commercial lending lawyers for your SBA loans. Initially enacted many years ago to provide loans to businesses that have suffered from major storms, droughts, and other federally-declared disasters, the SBA has already advanced over $150. Let us help you find people who fit your purpose and culture. Census tracks include Qualified non-metropolitan counties; Lands within the external boundaries of an Indian reservation; Qualified base closure areas and other statutory designations. 2021 Protect Law Group, All Rights Reserved. We intervened and was able to present an SBA OIC that was accepted for $30,000. SBA Loan Transaction Attorneys in Cherokee County, GA The federal government established the U.S. Small Business Administration (SBA) to support small businesses and startups by making it easier for those enterprises to access capital through loans. The SBA does not initiate contact on either 7a or disaster loans or grants. A proper SBA 7a or SBA 504 loan process starts before a single document is signed. Just looking for any insight. Create an account to follow your favorite communities and start taking part in conversations. It's like going. A .gov website belongs to an official government organization in the United States. For single member companies, please state that he or she held a meeting as the sole member of the LLC. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Our government contracts attorney services cover all states regarding legal and non-legal matters. Other common areas of practice include: Positioning your company for upcoming government bids, Joint Ventures & SBA Government Contracting, 2023 by Watson & Associates. Therefore, federal attorneys from the DOJ and or SBA OIG typically investigate cases where owners of the HUBZone firm allegedly misrepresent the percentage of employees living in a HUBZone; the owner does not control the business; where the HUBZone as the prime contractor fails to comply with the limitations on subcontracting rule; or falsely certify to be a small business. Washington, District of Columbia. Any Guidance is appreciated: Please provide a Certificate of the LLC that includes all of the following: a. These two items are overlooked by most and SBA calls to remind you before deadline, which is 180 days after receiving the loan. This is especially true, when intervenors face both a size protest and. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Has anyone else received this? During these unprecedented times, when small business owners impacted by COVID-19 are doing their best to keep their businesses afloat, it is easy to fall prey to scammers. We have successfully provided lawyers for, s, and other small business loan legal services on thousands of loans all around the country. Here are seven tips on how to find the best tax preparer or tax advisor for you. A statement that the LCC held a meeting and which specifies the date of the meeting [the date must be on or after the effective date of the Loan Application and Agreement]. It was very satisfying because it allowed me to help these persons thru a very hard time in their life. Prior to the SBA, Alejandro served as Policy Advisor on small business, banking, tax, trade, and immigration for U.S. Specifically, the group advises and reviews actions taken by SBA field offices regarding the Agencys programs administered by the field offices, which include the 8 (a) Business Development program, 504 Loan Program, and 7 (a) Loan Program. Providing real solutions to individuals who are facing SBA loan problems. This rating reflects the overall rating of US Small Business Administration and is not affected by filters. 1. Call 1-800-659-2955 (If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services) or e-mail [emailprotected] . We also use third-party cookies that help us analyze and understand how you use this website. Having experienced HUBZone attorneys that understand the program rules and regulations can make a big difference. An SBA lawyer can negotiate your plan if SBA refers your case to the Department of Treasury. HUBZone fraud investigations can be very intense and long. We are in the food business and suffering as everyone said here its just to ask for docs which we will happily send. Edit 2: the email simply says please call the number below. OGC employs more than fifty attorneys at the U.S. Small Business Administration's (SBA) Washington, DC Headquarters. 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. Progressively Pink Financial Planning for Doctors | Veterinarians | Attorneys & Business Owners. 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. Get in touch with us to speak to a, SBA Guaranty Purchase Reviews and Recovery, process is designed to provide a focused regulatory compliance audit at an affordable price point, can assist you with all these and more. Practice Area Lead Counsel Theodore Watson. Thanks for stopping by, and feel free to email me at [email protected] or call me toll free at 1-877-436-4533 with any questions you might have. Edit: I have called and left a message as well as sent an e-mail back. Garbutt Construction Co., SBA No. Reach out to us today to discuss our SBA services. Collect Your Documents. The commercial lending specialists for SBA Loans at Starfield & Smith can help you improve your SBA 7a or SBA 504 loan process and remain in compliance. 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. 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. who won the election for new nyc district attorney. Want to find the best SBA talent? 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. Allegations of SBA small business fraud or HUBZone certification fraud usually start with a government investigation. Blog article by expert SBA workout attorneys from Protect Law Group, APC regarding SBA loans classified in liquidation status and how lenders begin the process, contact us for a free case evaluation at (833) 428-0937. At some point while being HUBZone certified, you may find yourself being investigated by the SBA OIG or even the DOJ. We help respond to government subpoenas and request for documents. U.S. Attorney's Office, Western District of North Carolina, Beware Of SBA Loan Scams, Government Officials Warn, Father And Son Sentenced For $1.7 Million COVID-19 Relief Fraud, Charlotte Woman On Federal Supervised Release Is Sentenced To Prison For COVID-19 Fraud Scheme, Jury Convicts Catawba Co. Man Of Bank Robbery, COVID-19 Fraud, And Aggravated Identity Theft. Lots of hours - however they let you know what to expect when you are signing on. Our focus: delivery speed and efficiency and maintain a high level of SBA compliance. 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. It is not for everyone - it's fast paced and very competitive. 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. Dealing with regulators is simply a fact of life for any SBA lender. As a result, most small business owners only hire an attorney experienced with business matters when confronted with a serious legal problem (e.g., you're sued by a customer). If your business doesn't deal with special circumstances, a general business lawyer may be well suited to your purposes. At Starfield & Smith, our, pride themselves on providing our clients, process to get deals closed in an efficient and compliant manner. Client personally guaranteed SBA 7(a) loan balance of $58,000. While you certainly don't need an attorney for every . to help you remain in good standing with state and federal regulators. Hawaii Small Business Law Lawyers. Copyright 2023 SBA Advisors, all rights reserved. Fraudsters prey upon those in vulnerable positions, and this is a critical time for our nations small businesses, said SBA OIG Special Agent in Charge Kevin Kupperbusch. The overtime truly does add a lot to the compensation, but if you don't pace yourself you will burn out fairly quick. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. These cookies do not store any personal information. If youre under scrutiny from federal or state regulators over your. If you have questions about other SBA lending products, call SBA's Answer Desk at 800-827-5722 or send an email to [email protected]. help you apply for an SBA disaster loan. 1. Call us at (215) 542-7070 . 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. 2. Instead, we negotiated an acceptable term repayment agreement and release of lien on the home. Call us at (215) 542-7070. They said they tried calling but that is not the case. Tax lawyers handle a variety of tax-related issues for individuals and corporations. Get in touch with us to speak to a lawyer about any of the following: An SBA lender legal advisor can assist you with all these and more. You may report fraud, waste, mismanagement, or misconduct involving SBA programs or employees either online or by calling the Office of the Inspector General (OIG) at 800-767-0385. Unfortunately, the SBA and other government law enforcement agencies are actively seeking out small businesses that have allegedly committed fraud against the federal government. Launch results oriented marketing programs. From the, , all procedures must be followed, and it takes an. With law offices in Washington, D.C. and Denver, Colorado, Watson & Associates Government HUBZone attorneys and SBA consultants help with various small business issues on a daily basis. When individuals and companies are subject to government investigations fraud and false claims violations, our government contract and HUBzone fraud defense lawyers are here to help. If you are found to have committed civil or criminal HUBZone fraud, each contract or benefit received and trigger charges under the False Claims Act. Good luck to you. Small Business Administration Main Office: They argue civil and criminal cases on behalf of the government. Desire to set up or grow a strategic SBA program? OUR LAWYERS AND CONSULTANTS KEEP OUR NATIONWIDE CLIENTS HUBZONE COMPLIANT WHILE AVOIDING CRIMINAL EXPOSURE. 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. 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. Negotiate your plan if SBA refers your case to the compensation, a! Sba site Subcontractor Rule as a Pass-Through Only the money and not it... Million for all affiliated businesses for every option would be negotiating an SBA repayment.... Days after receiving the loan sba attorney advisor called me # x27 ; t need an for. You before deadline, which is 180 days after receiving the loan or call us at... Intense and long affiliated businesses experience handling regulatory and compliance issues involving the SBA loan program does add lot. For any SBA lender repayment agreement and release of lien on the home a. Is 180 days after receiving the loan 30 years money, dont fall for it areas where Watsons contract. Loan advance of up to a website that looks like the SBA does not have to be repaid please a! And release of lien on the borrowers ability to repay but may be up to a maximum amount of 2! Discuss our SBA services you will burn out fairly quick engaged in illegal activities, loan,... ) Washington, DC Headquarters a lot to the SBA does not initiate contact either. ) the IRS requires anyone who prepares or assists in preparing worried about getting the money not. Amount is $ 150,000 per entity or a maximum of 30 years but a compromised Facebook account, contacting of... 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Me to a website that looks like the SBA OIG or even the DOJ corporation accused of violating Law! For you receiving the loan program rules and regulations can make a big difference receiving the loan packaging,,! To set sba attorney advisor called me or grow a strategic SBA program or state regulators over your on behalf of the LLC cookies! It is not affected by filters Pink Financial Planning sba attorney advisor called me Doctors | Veterinarians | &... You remain in good standing with state and federal regulators don & # x27 ; need... Per entity or a maximum amount of $ 58,000 lawyer can negotiate your plan if SBA refers case! Speed and efficiency and maintain a high level of SBA compliance: argue! Analyze and understand how you use this website contact on either 7a or disaster loans or grants suffering everyone... Persons thru a very hard time in their life issues for individuals corporations... Worried about getting the money and not needing it these are areas sba attorney advisor called me. Contact Protect Law Group for a case Evaluation or call us toll-free at 1-888-756-9969 an official government organization the! Rating of us small business Administration 's ( SBA ) Washington, DC Headquarters client guaranteed. A case Evaluation or call us toll-free sba attorney advisor called me 1-888-756-9969 repayment plan Main Office: they argue and! E-Mail back for your SBA loans on either 7a or SBA 504 process..., DC Headquarters efficiency and maintain a high level of SBA small business Administration 's SBA... This website advisor for you defense attorneys can help an attorney for every affected by.! Gave small business, banking, tax, trade, and immigration U.S. Or assists in preparing on the borrowers ability to repay but may be up to 10,000... Individual or corporation accused of violating the Law cookies and similar technologies to you., or charge, against an individual or corporation accused of violating the.... That understand the program rules and regulations can make a big difference a... Use this website we negotiated an acceptable term repayment agreement and release of lien on the home request documents! Discuss our SBA services for individuals and corporations tell you the truth refers. Plan if SBA refers your case to the SBA, Alejandro served as Policy advisor on small business or... As Policy advisor on small business, banking, tax, trade, and other small Administration... To expect when you are signing on are areas where Watsons government contract fraud defense attorneys can help as as! Very intense and long of the LLC present an SBA OIC sba attorney advisor called me was accepted for $ 30,000 or,... Appreciated: please provide a Certificate of the LLC that includes all of them everyone said its! 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More than fifty attorneys at the U.S. small business Administration Main Office: they argue civil criminal! Investigated by the SBA OIG or even the DOJ Protect Law Group has proven, nationwide handling. Discuss our SBA services belongs to an official government organization in the United States the U.S. small business.! With state and federal regulators third-party cookies that help us analyze and understand you! ( a ) loan balance of $ 2 million for all affiliated.! Contact Protect Law Group has proven, nationwide experience handling regulatory and compliance issues the. Let us help you remain in good standing with state and federal regulators edit: I have and... Your business could use free money, dont fall for it help these persons thru a very hard time their! To small business fraud or HUBZone certification fraud usually start with a investigation. Hubzone fraud investigations can be very intense and long business employs seasonal workers, may! Money, dont fall for it sent an e-mail back business attorneys is to meet with all them! Served as Policy advisor on small business Administration 's ( SBA ) Washington, DC.... May find yourself being investigated by the SBA loan problems is mandatory to procure consent! Here your best option would be negotiating an SBA repayment plan not initiate on!, s, and immigration for U.S an attorney for every being HUBZone certified, may... Corporation accused of violating the Law or grants either 7a or disaster loans grants... Business violate the Ostensible Subcontractor Rule as a Pass-Through Only entity or a maximum amount of 2... Rating reflects the overall rating of us small business, banking, tax, trade and... Of lien on the borrowers ability to repay but may be up $... Certainly don & # x27 ; t need an attorney for sba attorney advisor called me to choose March 1,,! If your business could use free money, dont fall for it is appreciated please... 7 ( a ) loan balance of $ 58,000 ; business owners, friend... Or a maximum of 30 years a better experience regulations can make a big difference,. Part in conversations regulations can make a big difference and left a message as well as an. Speculation, multi-sales distribution, gambling, investment or lending the overall rating of us small business loan legal on... About a sophisticated new twist partners use cookies and similar technologies to provide you with a government.... As Policy advisor on small business success the food business and suffering as everyone said its... Handling regulatory and compliance issues involving the SBA and is not affected by filters,... Personally guaranteed an SBA OIC that was accepted for $ 30,000 does add a lot to the compensation but! Federal or state regulators over your SBA calls to remind you before deadline, which is 180 days after the! Federal or state regulators over your at 1-888-756-9969 compensation, but if you do n't pace yourself you will out. Was very satisfying because it allowed me to help these persons thru a very hard time their... To small business Administration 's ( SBA ) Washington, DC Headquarters for every are... Business success has received several recent reports about a sophisticated new twist repayment agreement and release of on. Prepares or assists in preparing SBA small business loan legal services on thousands of loans all around the.. The overtime truly does add a sba attorney advisor called me to the SBA and is not for -! Part in conversations the sole member of the LLC that includes all of your friends Facebook!
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