✉️ SBA Referral Notice
U.S. SMALL BUSINESS ADMINISTRATION
LOAN NUMBER: 5645189103
DATE: 12/16/25
To:
LABARUM, LIMITED
PAYMENT INFORMATION
Payment Due Date Installment Amount Amount Now Due 03/23/25 0.00 33326.18
Date of Last Payment Amount of Last Payment Amount to Principal Amount to Interest Present Principal Balance - 0.00 0.00 0.00 0.00
Loan Service Center:
Small Business Administration
bham.servicing@sba.gov
Phone: 205 290-7141
URGENT NOTICE
YOU MUST IMMEDIATELY FOLLOW THE INSTRUCTIONS IN THE ENCLOSED OFFICIAL NOTICE CONCERNING POSSIBLE U.S. TREASURY COLLECTION ACTIONS FOR YOUR DELINQUENT GOVERNMENT DEBT. THE FULL PAYMENT OF YOUR DELINQUENT DEBT WILL STOP ANY ADVERSE COLLECTION ACTIONS.
Or you must immediately contact by mail or by phone the SBA OFFSET REPRESENTATIVE at the address and phone number IN THE ENCLOSED OFFICIAL NOTICE to arrange for an acceptable payment plan, which will also stop any adverse collection actions.
PAYMENT AND INTEREST INFORMATION
Payments must be made in U.S. dollars. Interest is calculated on the outstanding principal balance at the loan interest rate using a 365-day year. Payments are applied first to accrued interest as of the date of receipt, and to balance, if any, to principal.
PAYMENT OPTIONS
The following are the only approved ways to make your loan payment:
1. MySBA Loan Portal: This is the preferred way for a borrower to make your loan payment. The web address is https://lending.sba.gov/. If you need assistance, please contact your dedicated Loan Service Center using the contact information on the first page of this statement. You can also view your payment history, access statements, manage payments, and send and receive messages with the SBA Service Center.
2. Pay by phone: Contact your dedicated Loan Service Center using the contact information on the first page of this statement to make a payment over the phone. Please have your 10 digit loan number (located on the first page of this statement) ready along with your payment information.
BANKRUPTCY
Should this account be involved in bankruptcy proceedings or have previously received a discharge in bankruptcy, this statement is being sent for informational purposes only, and should not be considered an attempt to collect or reinstate personal liability for the debt.
PREPAYMENT
Most SBA loans may be paid in full at any time without penalty.
DEFAULT
In the event of default, SBA is authorized by the loan agreement and/or Federal Debt Collection Legislation to take any or all of the following actions to protect the interest of the Government:
Foreclose on any real and/or personal property securing either the loan or the liability of any co-obligors or guarantors and will add to the loan balance collection costs incurred by SBA or entities working with SBA, including contractors and other federal agencies.
Report the delinquent status of the account to credit bureaus and/or state and Federal agencies.
Refer the account to Department of Treasury, who may refer the account to private collection agencies for collection activity against the borrower and/or any co-obligors or guarantors.
Add additional expenses to the present balance that may decrease and or total outstanding debt to the SBA.
Offset Federal income tax refunds, many types of Federal contract payments or benefits, including post, social security, civil service, and military salary or retirement payable to the borrower and/or and co-obligors or guarantors.
Refer the matter to the U.S. Department of Justice for appropriate legal action against the borrower and/or any co-obligors or guarantors.
Declare the debt as "income" and to report it to the Internal Revenue Service for collection of Federal income taxes thereon.
Use the name and/or tax identification number of the borrower and/or any co-obligors or guarantors in computer matching efforts with other Federal agencies for debt collection and screening purposes.
HAZARD INSURANCE AND PROPERTY TAXES
Maintenance of adequate hazard/flood insurance and prompt payment of property taxes on all assets pledged to SBA is a BORROWER RESPONSIBILITY. Failure to do so may be considered a default under the terms of the loan.
OFFICIAL NOTICE - DATE 12/16/25
Dear Borrower:
This is official notice that the U.S. Small Business Administration ("SBA") intends to refer your debt (as described in the attached bill) to the U.S. Department of the Treasury ("Treasury") as you are considered a delinquent borrower or guarantor on a loan made by SBA or made by a lender (such as a bank, credit union, certified development company, or intermediary) and guaranteed or assumed by SBA. By law, federal agencies such as SBA are required to refer delinquent debtors to Treasury for offset of federal or state payments and other collection actions, such as administrative wage garnishment.
The debt is seriously delinquent. If you do not pay your delinquent debt or agree to a repayment plan or provide supporting documentation acceptable to SBA showing that you are not liable for the debt WITHIN 60 CALENDAR DAYS FROM THE DATE OF THIS NOTICE, or take other action as described below, SBA may refer your debt to Treasury, and Treasury may add interest and substantial collection fees (30% or more), to your unpaid debt as provided by law. The amount indicated on the attached bill is due in full, plus interest, fees and expenses accrued after this date. If it is determined funds are collected more than the debt you owe, they will be returned to you, unless prohibited by law.
Bankruptcy
If your debt has been discharged in bankruptcy or you filed bankruptcy and the automatic bankruptcy stay is in effect, or you are otherwise involved in litigation involving the subject debt, please notify SBA by sending via email a copy of the Bankruptcy notice or litigation pleadings to the SBA's Treasury Division as shown below as soon as possible but no later than 60 calendar days from the date of this notice to avoid referral to Treasury:
What is Offset?
Through Administrative Offset, SBA may withhold money the Federal Government owes to you to satisfy the debt. Through Salary Offset, if you are a current or former federal/military employee with salary or retirement benefits, Treasury or SBA may deduct a percentage of your disposable (net) pay, ordinarily 15% or 25%, to apply toward your delinquent debt. This will continue every pay period until your debt, including interest and collection fees, is paid in full. If you want to request a reduction of your debt through administrative or salary offset, you must comply with the rules in 13 C.F.R. Parts 134 and 140 as provided below.
Once your delinquent debt is submitted for offset, Treasury or a state may reduce or withhold any of your eligible federal or state payments, as appropriate, for application against your debt. Payments eligible for offset may include, but are not limited to, the following:
Your federal or state income tax refunds;¹
Your federal salary, military salary, or federal and military retirement pay;
Your federal or state contractor or vendor payments;
Your federal or state benefit payments such as Social Security payments.
What if you file a joint income tax return?
You should contact the Internal Revenue Service (IRS) before filing your tax return and ask about the steps you must take to protect the share of your income tax refund that may be payable to your spouse if he/she is not a delinquent federal debtor. You should request IRS Form 8379, Injured Spouse Allocation, from the IRS before filing your return and follow the instructions for the form.
What rights do you have if Treasury or SBA plans to start administrative wage garnishment (AWG)?
By using AWG, Treasury or SBA can order your non-federal employer to withhold up to 15% of your disposable (net) pay to apply against your delinquent SBA debt. If Treasury or SBA intends to use AWG, you will receive a notice before the AWG begins, and the notice will explain your rights.
What else may happen?
SBA and Treasury may report you to credit bureaus, providing them with information about your delinquent obligation including your name, address, social security number, loan amount, account status and payment history. Credit bureaus may retain negative credit information for 7-10 years, possibly preventing you from obtaining future loans. Treasury may also refer your debt to private collection agencies, refer your debt to the U.S. Department of Justice for collection through litigation, or report your unpaid debt to the IRS as potential additional income that may be subject to taxation. You may also be prevented from receiving additional federal financial assistance because of your delinquent debt.
What can I do to request records for this debt?
Prior to the referral of your debt to Treasury for collection, you may make a request via email for a copy of SBA's non-privileged records related to your debt. Please note that the request for a copy of loan documents will not prevent your loan from being referred to the Department of Treasury for collection.
What can you do to prevent referral to Treasury?
You must do one of the following:
• PAY THE AMOUNT NOW DUE:
Within 60 calendar days of this notice, pay using your Borrower portal account at My SBA Loan Portal (https://lending.sba.gov) or use our pay by phone option by calling 800-659-2955.
• AGREE TO A REPAYMENT PLAN:
Within 60 calendar days of this notice, if you are unable to pay your debt in full, you must email SBA using the contact information provided below for SBA's Treasury Division and agree to an acceptable repayment plan.
• PRESENT EVIDENCE THAT ALL OR PART OF THE DEBT IS NOT PAST DUE OR LEGALLY ENFORCEABLE:
Within 60 calendar days of this notice, if you believe that all or part of your debt is not delinquent or cannot legally be collected, you must send documentation to support that belief prior to referral to Treasury to the appropriate email address below for SBA's Treasury Division. The documentation may include copies of cancelled checks, SBA letters, or other satisfactory evidence of debt resolution.
• REQUEST AN OHA HEARING:
The rules in 13 C.F.R. Parts 134 and 140 govern your rights for administrative and salary offset and will instruct you on how to submit information to the Office of Hearings and Appeals (OHA). For OHA to consider this information, you must request a hearing before OHA within 15 calendar days of receipt of this notice to prevent your debt from being referred to Treasury.
CONTACT INFORMATION FOR SBA'S TREASURY DIVISION:
For COVID EIDL and PPP LOANS:
cesc@sba.gov
For ALL OTHER LOANS:
Birmingham.tops@sba.gov
If you have any questions about this notice or your rights, you should contact SBA immediately at the email provided for SBA's Treasury Division. THIS IS THE ONLY NOTICE YOU WILL RECEIVE BEFORE YOUR DELINQUENT DEBT IS SENT TO TREASURY. Once referred to the Department of Treasury, SBA will no longer service this debt.
The National Ombudsman resolves concerns of uneven or excessive federal regulatory enforcement. Reviews are confidential and do not waive the right to pursue future administrative appeals or legal action at the appropriate federal district court. SBA-REG-FAIR / Ombudsman@SBA.gov. Contacting the National Ombudsman does not extend the deadlines set forth in this notice.
Any knowingly false, misleading, or frivolous claim or statements, representations, or evidence may subject you to (1) disciplinary procedures appropriate under 5 U.S.C. Chapter 75 and 5 C.F.R Part 752, or any other applicable statutes and regulations; (2) civil penalties under the False Claims Act, 31 U.S.C. §§ 3729-3731 or any other applicable statutory authority; and (3) criminal penalties under 18 U.S.C. §§ 286, 287, 1001, and 1002, or any other applicable statutory authority.
Applicable to SBA Employee Borrowers Only - Right to Request a Waiver. In accordance with the provisions of 5 U.S.C. § 5584, and where applicable, 10 U.S.C. § 2774, and 32 U.S.C. § 716, you are entitled to request a waiver of any amount owed as a result of overpayments of pay, allowances, travel, transportation, or relocation expenses, in cases where collection of the debt would be against equity of good conscience and not in the best interest of the United States. If the procedural requirements specified in 5 U.S.C. § 5584, and where applicable, 10 U.S.C. § 2774, and 32 U.S.C. § 716, have previously been provided to you in connection with the same amount owed under some other statutory or regulatory authority, the agency is not required to duplicate those requirements before taking action to collect the debt. No waiver requests will be accepted if there is an indication of fraud, misrepresentation, fault, or lack of good faith on your part or on the part of any other person having an interest in obtaining a waiver of the claim. Waiver requests should be received no later than 3 years from the date on which the erroneous payment was discovered.
¹ Pursuant to 13 C.F.R. 140.3(e)(2), for income tax refund offset, you can request a review and present evidence to the SBA's Treasury Division that all or part of the debt is not past due or not legally enforceable. If you want to request that review, make a request within 60 calendar days of the date of this notice and present such evidence to the SBA's Treasury Division.
SBA 1201 (Revision Aug. 2025)
