SPARK Update Regarding SBA iCAP Integration

By this time, you have likely heard from SBA about iCAP, the new platform that will eventually replace E-Tran. We want to keep you informed about where SPARK stands.

We're in regular contact with SBA and are aware of the timelines it is sharing with lenders. We've received SBA's iCAP origination API documentation and are waiting for SBA to make a testing environment available to vendors. Establishing an integration with iCAP will be our top priority once that testing environment is available, and we've reserved development capacity for this work. SBA has indicated that E-Tran and iCAP will run in parallel long enough for vendors to complete testing before E-Tran is retired.

We understand that SBA is asking lenders to begin originating loans in iCAP. SPARK continues to submit loans to SBA through E-Tran. Because SBA does not yet offer an API for vendors to submit applications to iCAP, loans originated in iCAP today would need to be entered manually in SBA's web portal, outside of SPARK.

SBA has said it will contact each institution directly with its transition timeline. When SBA reaches out, you can consider asking whether it intends for your institution to stop submitting through your loan origination system before that API is available. Hearing from lenders helps SBA understand how the transition affects institutions that rely on integrated systems.

We'll keep you updated on timing for iCAP support in SPARK as we know more. Please reach out to your Customer Success Manager with any questions.