Get Sba Form Cap 1050 What Is It 2000-2025

The SBA Form CAP 1050 is essential for lenders to report disbursement and collection activities related to loans on a semi-annual basis. This guide provides clear, step-by-step instructions on how to complete and submit the form online.

Follow the steps to complete the form successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the borrower's name in the designated field at the top of the form. Ensure that the name matches the official documentation.
3. Next, input the loan number assigned to the borrower. This number is crucial for tracking the loan and ensuring accurate reporting.
4. Enter the lender's name in the appropriate section to identify the organization responsible for the loan.
5. In the transaction section, provide the transaction date for each disbursement or collection activity. Ensure the dates are correctly formatted.
6. Fill in the dollar amount disbursed for each transaction in the corresponding field, making sure all amounts are accurate and reflective of actual transactions.
7. Record the dollar amount collected for each transaction as well, ensuring that these figures correspond accurately to the loan activities.
8. Indicate the balance outstanding after each transaction is recorded to reflect the current status of the loan balance.
9. Complete the disbursement activity summary section with total numbers and amounts for disbursements and collections during the reporting period.
10. Review the certifying statements included in the form to ensure compliance with all loan authorization requirements and regulations.
11. Obtain appropriate signatures from both the lender and borrower in the designated signature fields, ensuring all signatures are current.
12. After completing the form, review all entries for accuracy. Save changes, and then download, print, or share the form as necessary for submission.

Complete and submit your documents online for efficient processing today.