For every loan secured by real or personal property used to operate a gas station or commercial fueling facility (including tanks, pumps and lines only), the SBA Lender obtains a Phase I by an independent Environmental Professional covering environmental records of the property and adjoining properties (including seller records), the professional's determination of compliance with tank and equipment testing rules, any recommended further work (a Phase II by an independent licensed PE or PG with the stated experience) and, if contaminated, a detailed remediation description and cost. It does not disburse until tank and equipment testing compliance is achieved and leaking or defective equipment is repaired or replaced. If contaminated, it declines or follows the Section A Ch 5 Para E.5 mitigation rules, always obtaining the seller's signed SBA Indemnification Agreement in a change of ownership unless the Environmental Committee waives it; any oil company or other person with indemnification rights against later owners signs a recorded waiver and release.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.