![]() ATLAS is a computerized information system to which all Shippers have access upon request. MLP has the meaning assigned to such term in the opening paragraph of this Agreement.ĬLP has the meaning assigned to that term in the caption to this Agreement.Ītlas means Automated Transportation Logistics Activity System. ![]() The LLRF is used to reimburse the SBA for 10% of any loss sustained by the SBA resulting from a default in the payment of principal or interest on a PCLP debenture.ĬDCs provided PCLP status have increased authority to process, close, service, and liquidate 504/CDC loans.Īll PCLP- CDCs have ALP status as that is a requirement for being provided PCLP authority. The PCLP CDC may exercise its PCLP authority in its entire Area of Operations. The PCLP CDC must grant SBA a first priority perfected security interest in its LLRF. ![]() The security interest in the PCLP CDC’s LLRF must be granted pursuant to a security agreement between the PCLP CDC and SBA. Upon approval as a PCLP CDC, the SLPC will send the CDC a Loan Guaranty Agreement Premier Certified Lenders Program ( PCLP) (SBA Form 2006). The CDC must sign and return the agreement before it can begin processing PCLP loans. SBA will notify the CDC in writing of an approval or decline of a PCLP application. In FY2009, 373 PCLP loans amounting to $185.4 million were disbursed.
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