Remove Accrued Interest Remove Collateral Remove Law Firms
article thumbnail

Loan Modification and Deferment Requirements for SBA Lenders

Jimerson Firm

If a loan deferment is granted, interest on the SBA loan will continue to accrue during the deferment period. When payments resume, the payment may be applied first to accrued interest, then to principal. The post Loan Modification and Deferment Requirements for SBA Lenders appeared first on Jimerson Birr Law Firm.

Lender 78