§ 120.643 - Requirements before the FTA issues Individual Certificates.

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FTA issuance of initial Certificate. Before the FTA can issue the Individual Certificate for a guaranteed portion of a loan, the original seller must provide the following documents to the FTA:

An executed SPGA;

A copy of the note representing the guaranteed loan; and

Any other documentation which SBA may require.

Review of documentation. SBA may review or require the FTA to review any documentation before the FTA issues a Certificate.