Code of Federal Regulations · Section

§ 108.1220 — Requirement For Nmvc Company To File Financial Statements At The Time Of Request For A Draw

13 C.F.R. § 108.1220

View:

(a) If you submit a request for a draw against SBA's Leverage commitment more than 90 days since your submission of an annual Form 468 or a Form 468 (Short Form), you must:

(1) Give SBA a financial statement on Form 468 (Short Form); and

(2) File a statement of no material adverse change in your financial condition since your last filing of Form 468.

(b) You will not be eligible for a draw if you are not in compliance with this section.

Authorizing Statute

No authorizing statute found.