U.S. Small Business Administration (SBA) released an update to its new procedures under the Lender & Development Companies Loan Programs (SOP 50-10(5)) that went into effect on May 1, 2008. Based on discussions with the lenders after the new policies took effect, SBA published certain revisions. These revisions impact on how and whether certain real estate loans secured by SBA will require environmental review, including Record Search With Risk Assessment (RSRA), Transactions Screening or Phase 1 Environmental Site Assessments.