Jellum Law, P.A.

06/02/2026

Our latest newsletter discusses the requirements for single SBA 7(a) loan transfers as set forth in SOP 50 56 1.

Email from Jellum Law, P.A.   Single SBA 7(a) Loan Transfer Best Practices As a follow up to our recent newsletter, Loan Portfolio Transfer Requirements in Mergers and Acquisitions, we are providing t

05/28/2026

The SBA has issued new guidance to clarify SBA Applicant eligibility under the Prior Loss Rule. Read more about what this means for lenders and borrowers.

Email from Jellum Law, P.A.   Prior Loss Rule: Non-Controlling Ownership Update On May 28, 2026 The SBA published SBA Policy Notice 5000-879464, "Prior Loss Rule: Non-Controlling Ownership Update" eff

05/22/2026

In honor of Memorial Day, Jellum Law will be closed on Monday, May 25th. Regular office hours will resume Tuesday, May 26th.

Email from Jellum Law, P.A.   Office Closure In honor of Memorial Day, Jellum Law offices will be closed on Monday, May 25th. Regular office hours will resume Tuesday, May 26th. 2026 CONFERENCES Ameri

05/18/2026

Hot off the press: SBA announces decoupling of SBA 7(a) and 504 Loan Limits.

Email from Jellum Law, P.A.   Coordination of 7(a) and 504 for Maximum Loan Limits The SBA released SBA Policy Notice 5000-879058, "Coordination of 7(a) and 504 for Maximum Loan Limits" effective July

05/12/2026

With recent mergers and acquisitions impacting SBA 7(a) lenders, understanding loan portfolio transfer requirements is more important than ever. Our latest newsletter breaks down what lenders need to know.

Email from Jellum Law, P.A.   Loan Portfolio Transfer Requirements in Mergers and Acquisitions There have been numerous mergers and acquisitions involving SBA 7(a) Lenders over the past several months

05/11/2026

Nick Jellum will be leading three breakout sessions this Thursday at the Wisconsin Lenders Conference. We’re excited to share insights with SBA lenders!

05/11/2026

We’re headed to the Wisconsin Lenders Conference! Looking forward to connecting with fellow SBA lenders.

05/08/2026

SBA Update: The FY 2026 fee schedule for SBA oversight of 7(a) lenders is now available.

Email from Jellum Law, P.A.   FY 2026 Updated Fee Schedule for SBA Oversight of 7(a) Lenders The SBA released SBA Information Notice 5000-878182, "FY 2026 Updated Fee Schedule for SBA Oversight of 7(a

05/05/2026

We’re proud to support the SBA lending community and celebrate the lenders helping small businesses grow this Small Business Appreciation Week.

Email from Jellum Law, P.A.   What You Do Matters! During Small Business Appreciation Week, we’re proud to recognize the lenders who support small businesses by providing access to capital through the

04/24/2026

Our team is excited to attend the 2026 NAGGL Spring Conference next week, April 27-29, and we look forward to connecting with fellow members of the SBA community.

Nick Jellum, Garth Gavenda, Courtney Arena, and Avery Duarte will be representing Jellum Law at the conference.