Can the SBA Sue More than 6 Years Later?

Question. Can the SBA Bring a Contract Action More than 6 Years After the Default? Answer. 28 U.S.C.ยง 2415(a) establishes the federal statute of limitations applicable to SBA actions to recover under contract. Under this statue the SBA has 6-years to file suit to recover under the contract for non-payment under the Note. More specifically,… [Read More]