First Business Bank

About / Team

Erica Lampert

Senior SBA Compliance Reviewer

Erica Lampert

About Erica

Erica Lampert comes to First Business Bank with over 25 years of experience in Commercial and SBA banking. As an SBA Compliance Reviewer she will work directly with the Credit and Closing Departments to provide a documentation and compliance review of SBA loan packages for accuracy and eligibility in accordance with Bank Policy and SBA SOP Compliance. This includes, but is not limited to the review of commercial leases; real estate, asset and stock purchase agreements; corporate documentation; and franchise documents; verifying equity injection, reviewing final estimates/budgets for construction projects, and leasehold improvements and reviewing insurance and real estate title insurance.

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Case Study

General Manager Buys Two Businesses With One SBA 7(a) Loan

After a successful career of more than 20 years in management and sales, our client had the opportunity to purchase
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Collateral Requirements of SBA loans

Collateral requirements for SBA loans are more flexible than the average term loan. Read more here to see if an
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Growing Your Business With SBA Loans

SBA loans provide crucial funding for businesses when conventional lending avenues might be closed. By understanding and leveraging the opportunities