Disclosure:  

We are not SBA.gov. We are not employees nor do we represent the U.S. Small Business Administration or any other government agency. We are a private business providing resources for small businesses, business advisory services, 
financial analysis, consulting and merchant services. Section 13 of the Small Business Act requires that an SBA disaster loan applicant the names of persons engaged by or on behalf of the Applicant for the purpose of expediting the application and the fees paid or to be paid to any such person. 13 C.F.R., (The Code of Federal Regulations) Part 103.5 requires any agent or packager to execute and provide to SBA a compensation agreement -30, Appendix 14 defines how the reasonableness of fees may be determined. Each Agreement governs the compensation charged for services rendered or to be rendered to the Applicant in any matter involving SBA assistance. Agent includes, loan packager, accountant, attorney, consultant, engineer, architect, appraiser, or any other party that receives compensation from representing an Applicant for an SBA disaster loan. 13 CFR § 103.1 outlines key definitions related to the Small Business Administration (SBA)'s regulations on conducting business with the agency. It defines terms like "agent," "conduct business with SBA," "applicant," and "lender service provider," specifying who can represent applicants and lenders in dealings with the SBA. The section also addresses the roles and responsibilities of these individuals and entities in various SBA programs. Section 103.1 states: 103.1 Key definitions. (a) Agent means an authorized representative, including an attorney, accountant, consultant, packager, lender service provider, any other person representing an Applicant or Participant by conducting business with SBA. (b) The term conduct business with SBA means:(1) Preparing or submitting on behalf of an applicant an application for financial assistance of any kind, assistance from the Investment Division of SBA, or assistance in procurement and technical matters; (2) Preparing or processing on behalf of a lender or a participant in any of SBA's programs an application for federal financial assistance. Further it states. Do loan packagers need to be approved by the SBA? No, SBA loan packagers do not need to be individually approved by the SBA. However, they are generally required to be associated with a lender who is an SBA-approved lender if its an SBA7a loan or other. EIDL are done directly with the SBA, there by no lender association is needed. According to the SBA Fee Disclosure and Compensation agreement for agent services in connection with an SBA disaster loan; The applicant must fill out the SBA Fee Disclosure form and must be completed in connection with a loan application and if the Applicant has paid (or will be paying) compensation to an Agent in excess of the following amounts: $500 for a disaster home loan $2500 for a disaster business loan. If the compensation exceeds these amounts, the Agent must provide an itemization and justification of the services performed. Itemization is described in this agreement and also, we create a customer file, which you can request at any time, which includes all communications, services rendered, and more. Disclosure: If you hire us, you will be paying our company for services you may be able to obtain at no charge by applying directly to the SBA. However, these loans require extensive paperwork, financial documents, financial calculations, letters of explanations, reviewing SBA communication and other information that is normally reviewed by professionals such as a financial consultant, consultant, attorney or accountant. Also, fees depending on the complexity of the transaction and your financial circumstances can vary. KGFA Capital is KGFA Capital Ventures Inc. Business Advisors and Business Management Services.