SBA EIDL Loan Attorney

About Frost LawFounded in 2011 by Glen Frost, Frost Law is a rapidly growing, nationally recognized law firm headquartered in Annapolis, Maryland, with offices across the East Coast and clients throughout the U.S. and abroad (including a growing presence in San Juan, Puerto Rico. Our team of skilled tax attorneys, business attorneys, litigation attorneys, estate attorneys, Certified Public Accountants, and Certified Financial Planners is built on empathy, focus, and an entrepreneurial mindset — always putting clients first.We help individuals and businesses navigate some of the most complex legal and financial challenges they will ever face, from IRS tax controversy and business transactions to estate planning and bankruptcy. Our work has earned us Firm of the Year recognition from both the Pro Bono Resource Center and Maryland Volunteer Lawyers Service, and we are proud to be consistently recognized by Super Lawyers, Best Lawyers, and Martindale-Hubbell.If you are looking to grow your career at a dynamic, expanding firm while making a real impact for clients who need it most, we would love to hear from you.
Job RequirementsJuris Doctor (J.D.) from an ABA-accredited law schoolActive bar admission in good standing in the applicable jurisdiction(s)2+ years of experience in SBA lending, federal loan workout, commercial lending, creditor/debtor law, administrative law, or small business legal matters
Frost Law is seeking an experienced Attorney to join our Business & Commercial practice, focusing on U.S. Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) programs and related federal lending matters. The ideal candidate brings a strong background in federal loan compliance, workout and restructuring, administrative law, and small business advocacy.This is a meaningful opportunity to help small business owners navigate complex federal lending obligations — from loan modifications and hardship accommodations to default defense and Treasury referrals — while collaborating with a seasoned team of attorneys, CPAs, and financial professionals across Frost Law's broader tax and business practice.Key ResponsibilitiesAdvise and represent clients in all phases of SBA EIDL matters, including loan modifications, deferment requests, hardship accommodations, and repayment negotiationsRepresent clients in SBA loan defaults, demand letters, and Treasury referrals, including Offer in Compromise (OIC) submissions and Due Process hearingsDraft and review personal guaranty agreements, collateral documents, and loan authorization packagesCounsel clients on SBA EIDL compliance obligations, including use-of-proceeds requirements, collateral covenants, and reporting dutiesHandle matters involving the SBA's Office of Disaster Assistance (ODA) and coordinate with assigned loan service centersAssist clients facing SBA litigation, judgment enforcement, wage garnishment, or bank account levies initiated by the Department of Treasury or the Department of JusticeAdvise on related government-backed lending programs, including SBA 7(a) and 504 loans, USDA Business & Industry loans, and other federal disaster or emergency lending programsRepresent clients before the SBA's Office of Hearings and Appeals (OHA) and other administrative bodiesIdentify and pursue available defenses, including statute of limitations issues, improper servicing claims, and procedural due process challengesMonitor changes in SBA regulations, policies, standard operating procedures (SOPs), and administrative guidance, and advise clients accordinglyCollaborate with Frost Law's financial advisors, accountants, and bankruptcy counsel on comprehensive debt resolution strategies
QualificationsJuris Doctor (J.D.) from an ABA-accredited law school and active bar admission in good standing2+ years of experience in one or more of the following: SBA lending, federal loan workout, commercial lending, creditor/debtor law, administrative law, or small business legal mattersStrong understanding of SBA Standard Operating Procedures (SOPs) and loan program regulations (13 C.F.R. Parts 120–123)Excellent written and oral advocacy skills with the ability to explain complex legal matters clearly to small business ownersAbility to manage a high-volume caseload with strong attention to detail and organizational skillsStrong negotiation skills, particularly in workout and settlement contextsAbility to analyze financial statements, business tax returns, and collateral documentationPrior experience with SBA EIDL, PPP forgiveness disputes, or COVID-era federal loan programs is strongly preferredFamiliarity with the Treasury Offset Program (TOP) and cross-servicing procedures is a plusWorking knowledge of Chapter 7 and Chapter 11 bankruptcy as it intersects with federal loan obligations is a plusExperience with Offer in Compromise submissions to the SBA or IRS is a plus
BenefitsHealth/Dental insurancePaid time off