Program guidance

SBA 504 liquidations and workout context

Official SBA context for deciding whether a regular servicing action may assist a distressed borrower.

Why it matters

SBA 504 guidance describing when a CDC should evaluate whether a deferment or workout can assist a business before liquidation.

Original source

U.S. Small Business Administration

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Source last updated September 5, 2025

Scope and review context

It applies to 504 lending and does not establish an outcome for another lender, product, or borrower population.

Reviewed August 11, 2026 | Current source