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U.S. Small Business Administration AGREEMENT OF COMPLIANCE In compliance with Executive Order 11246, as amended (Executive Order 11246, as amended prohibits discrimination because of race, color,.

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SBA Form 601: Agreement of Compliance
This form must be executed by both the borrower and the construction contractor for any...
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This form must be executed by both the borrower and the construction contractor for any loan involving construction of more than $10,000.

After decisioning, SBA legal prepares the closing documents to send to the borrower. After receipt of the signed documents the funds are direct deposited typically in 3 -5 business days.

What is a Compliance Agreement? A Compliance Agreement is a document in a closing loan document package in which a borrower agrees to “comply” with requests from the lender or closing agent to correct typographical or clerical errors and inadvertent mistakes in the loan documentation after the loan has closed.

How to Fill Out SBA Form 601? The main part of the form lists the conditions of the agreement. ... The form will then require the name, address and phone number of the applicant business and the typed name, title, and signature of their authorized representative.

Once the loan documents have been signed, the escrow officer delivers them back to the lender for review. When the lender is satisfied that all required documents have been signed and all outstanding loan conditions have been met, the lender will notify escrow that they are ready to disburse the loan funds to escrow.

What Is SBA Form 601? Also known as an Agreement of Compliance form, the SBA Form 601 was released in October 1985. It must be completed by a borrower and construction contractor for any SBA loan that involves construction costs that exceed $10,000.

What Is SBA Form 601? SBA Form 601, Agreement of Compliance is a form required to be completed by the Borrower and the construction Contractor for any Small Business Administration (SBA) loan involving any construction that costs more than $10,000.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232