what does a sba attorney advisor do

by Prof. Ebony Oberbrunner 10 min read

Serve as Attorney Advisor for SBA OGC's Department of Financial Law and Lender Oversight; provide legal advice and assistance to SBA program officials and personnel in support of the overall goals and objectives of SBA's Capital Access loan guarantee programs.

What is the SBA Field Office advisory group?

Specifically, the group advises and reviews actions taken by SBA field offices regarding the Agency’s programs administered by the field offices, which include the 8 (a) Business Development program, 504 Loan Program, and 7 (a) Loan Program.

What does an attorney for the government do?

Prosecutors typically work for the government to file a lawsuit, or charge, against an individual or corporation accused of violating the law. Some may also work as public defense attorneys and represent individuals who could not afford to hire their own private attorney.

What does a legal aid lawyer do?

Legal aid lawyers work for private, nonprofit organizations that work to help disadvantaged people. They generally handle civil cases, such as those about leases, job discrimination, and wage disputes, rather than criminal cases. In addition to working in different industries, lawyers often specialize in a particular area.

What does OGC do for the SBA?

OGC is responsible for the Agency’s ethics program and is responsible for ensuring that Agency employees are in compliance with the ethics regulations. OGC employs more than fifty attorneys at the U.S. Small Business Administration's (SBA) Washington, DC Headquarters.

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How do I sue a SBA?

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.

Who is not eligible for EIDL loan?

Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending. 3.75% Fixed interest rate for small businesses; 2.75% Fixed interest rate for private non-profits. Long-term repayments up to 30 years.

How do you contact the SBA?

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 [email protected] .

How much can I pay myself with EIDL loan?

A: Yes. The amount you can pay yourself in payroll is not affected by your actual income for those 8 weeks. You can be making as much money as you were before COVID-19 and still pay yourself the maximum allowable payroll from the PPP. In other words, lets say your average weekly profit from 2019 was $2,000.

Does SBA report to IRS?

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. The participating lender is responsible for reporting its share of the discharged debt.

How do I talk to a supervisor at SBA?

Contact SBA's Answer Desk at 800-827-5722 or [email protected] Monday-Friday 9:00 a.m. to 6:00 p.m. ET.

Do SBA loan officers call you?

The SBA does not initiate contact on either 7a or disaster loans or grants. If you are proactively contacted by someone claiming to be from the SBA, suspect fraud.

How long does SBA reconsideration take?

According to the SBA, the average reconsideration wait time is four weeks but can take up to six weeks. 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.

How long do you have to stop making payments on a loan?

If you obtain the first, you'll stop making payments during 3, 6, 9 or 12 months. SBA approves this option to businesses that prove a short-term financial difficulty.

What happens if you default on a secured SBA loan?

Many debtors believe that filing bankruptcy will eliminate it. Yet, this process may only discharge your debt.

Why shouldn't you underestimate the SBA hearing?

You shouldn't underestimate an SBA hearing because it's an administrative process. Your hearing is as valid and important as any day in court. That's why you need to be as ready as you can be.

Can a debtor negotiate an offer in compromise?

Sometimes deb tors may not be considered for an offer in compromise because their monthly income or liquid assets value is too high. Here your best option would be negotiating an SBA repayment plan. An SBA lawyer can negotiate your plan if SBA refers your case to the Department of Treasury.

Ratings by Demographics

This rating reflects the overall rating of US Small Business Administration and is not affected by filters.

Temporary assigment

Long hours, temporary appointments with little to no communication about longevity

Terrible management

Federal pay and benefits. That is only because this is federal employment and they have to pay you at this level. They are constantly looking for work arounds to federal pay and benefits.

Ok for now

Ability to work from home. Low stress work environment. Fair base salary with mandatory overtime. Friendly work environment. Insurance and other benefits included. 2 weeks paid leave but 2 weeks sick leave and federal holidays are optional.

Demanding work schedule

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.

Glad its only a contract gig

Working the covid disaster as a 'Loan Officer". Initial orientation was thin and confusing subsequent trainings for new tasks have been a bit better. There's a lot of having to figure out things on my own no certainty whether I'm doing ok. My team lead is grumpy and everything seems to bother him, especially borrowers with concerns.

Challening and rewarding place to work

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. It is challenging, super fast-paced work which is rewarding and effective.

What is a litigation lawyer?

These could be disputes over contracts, personal injuries, or real estate and property. Litigation lawyers may specialize in a certain area, such as personal injury law, or may be a general lawyer for all types of disputes and lawsuits.

What is corporate counsel?

They argue civil and criminal cases on behalf of the government. Corporate counsels, also called in-house counsels, are lawyers who work for corporations. They advise a corporation’s executives about legal issues related to the corporation’s business activities.

What is the GS-12?

GS-12: Have a professional law degree (LL.B or J.D.) and membership in a State or District of Columbia bar association and one year of professional (attorney) legal experience and advanced educational attainments that clearly indicate the ability to independently perform complex legal work. The educational background should include course work beyond the first professional degree in a field directly related to the work for which he/she is being considered.#N#GS-13: Have a professional law degree (LL.B or J.D.) and membership in a State or District of Columbia bar association and one year of professional (attorney) legal experience and advanced educational attainments that clearly indicate the ability to independently perform complex legal work and one additional year of professional (attorney) experience at a level of difficulty and responsibility equivalent to that of an attorney at the grade immediately below the one being filled.

What does an attorney do?

Attorneys also work for federal, state, and local governments. Prosecutors typically work for the government to file a lawsuit, or charge, against an individual or corporation accused of violating the law. Some may also work as public defense attorneys and represent individuals who could not afford to hire their own private attorney .

What does a government counsel do?

Others may work as government counsels for administrative bodies of government and executive or legislative branches. They write and interpret laws and regulations and set up procedures to enforce them. Government counsels also write legal reviews on agencies’ decisions. They argue civil and criminal cases on behalf of the government.

What is tax lawyer?

Tax lawyers handle a variety of tax-related issues for individuals and corporations. Tax lawyers may help clients navigate complex tax regulations, so that they pay the appropriate tax on items such as income, profits, or property.

What is ABA accreditation?

ABA accreditation signifies that the law school—particularly its curricula and faculty—meets certain standards. A bachelor’s degree is required for entry into most law schools , and courses in English, public speaking, government, history, economics, and mathematics are useful.

Overworked

You will work a lot of hours while employed with the SBA. There is absolutely no work-life balance with this job. The overtime truly does add a lot to the compensation, but if you don't pace yourself you will burn out fairly quick.

Not much room for advancement

Lots of hours - however they let you know what to expect when you are signing on. Don't expect frequent holidays off or vacation days. Don't expect anything except guaranteed hours and you'll be fine.

Excellent people and work environment

A dynamic place to work with excellent people while performing important work vital to the communities served. Supervisors are highly skilled individuals eager to impart information and processes to their colleagues. A thoroughly stimulating place to work on a variety of tasks and challenges.

Great place to go help your fellow citizens

Overall, I had a great experience there. It is not for everyone - it's fast paced and very competitive. But overall a great place to be if you enjoy putting in a lot of hours in the name of helping people who are trying to rebuild their lives.

Disaster loan legal

The jobs are all temporary. There's no job security. 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.

Job was intense and rewarding

This was a temporary job working with people who had suffered losses due to a disaster. It was very satisfying because it allowed me to help these persons thru a very hard time in their life.

Assist disaster damaged businesses and residents in closing and disbursing loans

High volume and fast paced every day. The most difficult part of the job was reliance upon others to complete a portion of the process in a timely fashion.

How many attorneys does OGC have?

OGC employs more than fifty attorneys at the U.S. Small Business Administration's (SBA) Washington, DC Headquarters. OGC is headed by the General Counsel and two Deputy General Counsels. The main sections, each headed by an Associate General Counsel, are Financial Law and Lender Oversight, General Law (Labor and Employment), Litigation, ...

What is the mission of the Office of General Counsel?

Mission statement. The Office of General Counsel (OGC) provides comprehensive legal services to the Administrator and all Agency offices. These legal services include advising, analyzing and interpreting statutes, regulations and other sources of law, as well as drafting legislative, regulatory and other materials.

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