§ 108.1220 - Requirement for NMVC Company to file financial statements at the time of request for a draw.

Copy with citation
Copy as parenthetical citation

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:

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

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

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