environmental-risk-management

Environmental Due Diligence for SBA Loans

PM Environmental provides SBA Environmental Due Diligence services.  PM’s team of experts has in-depth knowledge and experience with the US Small Business Administration (SBA) loans, and consistently meets all requirements mandated by the SBA for environmental investigations. PM works with key parties to stay up-to-date with SOP appeals, changes and policy notices.

PM is approved by major capital market lenders and brokers and is a recognized leader in SBA environmental credit underwriting. 

Our team is comprised of Engineers, Geologists, Architects and Former Bank Risk Managers who offer you:

  • Lend assistance on adequate completion of environmental questionnaires
  • Record Search Risk Assessment (RSRA) – Desktop review, and thorough evaluation of environmental databases (i.e. governmental records historical records, aerial photos, Sanborn maps, and city directories), the property’s NAICS code and an environmental questionnaire
  • Consultation with stakeholders in advance to determine if property is suited for SBA. If not, will inform stakeholders in timely manner, before money is spent. 
  • Knowledge of SOP and all mitigating factors in detail
  • The best mitigating factors to close deals on impacted properties efficiently and in compliance with SOP
  • Lead, asbestos and mold services that SBA requires for certain loans, and supplies Geoprobe, GPR and full service remediation design to meet mitigating factors
  • All necessary on-staff professionals (i.e. professional engineers and geologists) to complete underground petroleum storage management and removal
  • All the necessary in-house professionals required to conduct Phase II assessments for dry cleaners and gas stations
  • Economic cost analysis to determine the most timely and economic mitigating factors when environmental conditions exist
  • Energy audits to support SBA Green 504 Loans
  • Evaluations of alternative funding sources for due diligence – state or federal site assessment grants

Related Articles

PM Environmental Clients Awarded $2.45 Million in EPA Brownfield Grants

In May of 2022, the United States Environmental Protection Agency (EPA) announced that 227 communities were selected to receive 237 grant awards for a total of $147.5 million in Brownfields Assessment, Revolving Loan Fund, and Cleanup Grant funding. The purpose of these grants is to assess, clean up, and redevelop underutilized properties in the community…

Revitalizing Pontiac, MI with the Creation of the Webster Community Center

“My neighborhood deserves the same sorts of resources, recreation spaces, services, and enrichment activities as any other community,” says Coleman Yoakum, Executive Director of Micah 6 Community in Pontiac, Michigan. Micah 6 Community is a neighborhood-based community development corporation and 501(C)3 dedicated to serving their community in the city. Micah 6’s efforts have included planting…

EPA Community-Wide Assessment Grant Funding Awarded to the Regional Planning Commission of Greater Birmingham

The Regional Planning Commission of Greater Birmingham (RPCGB) was recently the recipient of a $500,000 Community-wide Assessment Grant from the United States Environmental Protection Agency (EPA). The RPCGB, a regional council serving six counties and 84 communities throughout central Alabama, was awarded the grant in May 2022 as part of the EPA’s Fiscal Year 2022…

Ready to start your project?

Our team of engineers and consultants helps you manage your project with confidence. Find out how we can help you with your project.