SBA is Broken | Hazard Insurance | Document Requirements

The SBA is broken | Hazard Insurance | Document Requirements. Timestamps:
0:00 SBA is Broken. Why?
3:35 People afraid of going to jail
4:00 FRAUD & the SBA
4:20 Problems with the Targeted EIDL Advance
5:25 Hazard Insurance Requirement
6:09 HEY SBA, STOP CHECKING OFF BOXES
6:28 SBA MESSAGING has people terrified of going to jail
7:05 Why SBA is collecting HAZARD INSURANCE
7:47 EXAMPLES of clients who don’t have the type of insurance SBA is requiring
8:10 Opinion letter ready to go to negate the Hazard Insurance requirement
8:26 Giving the SBA the BENEFIT OF THE DOUBT until now!
9:16 Isabel Guzman makes changes
9:43 Business Owners can’t be patient anymore
9:53 SBA not providing clear guidance for business owners
10:30 Perfect client but SBA still screws up
11:09 This is how you know that the SBA IS BROKEN
11:44 SBA Agents making invalid statements on how to comply with HAZARD INSURANCE
11:53 SBA checking off boxes
12:02 Putting borrowers in legal jeopardy
12:16 EIDL LOAN AGREEMENT LANGUAGE about Hazard Insurance requirement
12:28 A verbal statement by an SBA agent doesn’t supersede a legal provision in the EIDL agreement
12:34 IRS 4506T Tax Transcript Form real example
12:45 History of the IRS Form 4506T
13:10 How the the 4506T works
13:38 Fraud Prevention technique
13:44 Getting your own tax transcripts online through IRS.gov
14:01 Contradictions on 4506T
14:23 ISSUES WITH SUBMITTING DRIVERS LICENSE
14:44 Don’t give SBA reasons to decline an EIDL loan application
15:03 Two SBA agents with conflicting inaccurate info
16:09 Issues with the SBA portal with required documents
16:53 Patterns with the SBA - NO PATTERNS - Chaos & inconsistencies
17:00 SBA giving the runaround to small business owners
17:09 ISABEL GUZMAN FIX THIS!
17:18 BUSINESS OWNERS RUNNING OUT OF TIME
17:23 EIDL PROGRAM will fail if the SBA doesn’t fix itself
17:38 Purpose of the EIDL Program to maintain continuity
17:44 SBA is SUPPOSED to be the advocate of the Small Business owner!
17:59 SBA BUDGET is a joke w/the level of responsibility to save Small Business economy
18:16 Politicians have screwed this up
19:15 SBA quality control measures are a joke

Full LIVE EPISODE here:
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