Starting an Application with a Validation Error Code
If you have an application that is returning error codes, you can follow the steps below to establish and Etran Application number and use it to correspond with SBA. From Ventures: * Click on SBA Submission * Click Add * Enter your SBA CLS account Credentials * Choose Create New Application * Cli…
Validation / Error Code 4435 and 4436
If you are receiving a 4435 or 4436 error code, the system will prevent you from creating a new application. Please follow the steps below so that you are able to create your application and send the data needed to ETRAN. You must have an application # and the validation must be present in CAFS in order for SBA to be…
Steps for Lenders when receiving Validation (354) and (1354)
If you have received one of the following Validations: “Principal (Tax ID XXX) must guarantee the loan with total ownership 20%(1354)” or, “For Application, One of the Primary Business Principal must guarantee the loan (354)” These validations will prevent you from creating an application in Ventures. In an effo…
