Get Sba Form 2210 Instructions For Draws Of Leverage - Sba

This guide provides step-by-step instructions on how to accurately complete the SBA Form 2210, which is used to request draws against the Small Business Administration's commitment to guarantee Debenture Leverage. Following these detailed instructions will help ensure that your submission is complete and timely.

Follow the steps to successfully complete your SBA Form 2210 online.

1. Click ‘Get Form’ button to obtain the SBA Form 2210 and open it in your preferred editing tool.
2. Review the document carefully to understand the required information for your Draw Request. Take note of all deadlines, especially the cutoff times for submission.
3. In Section I, complete the identifying information including your organization’s name, address, and contact details.
4. In Section II, specify the amount of leverage you are requesting. Be sure to adhere to the guidelines for minimum and maximum amounts.
5. For each requested takedown, ensure that you prepare and attach the supporting documents required such as the NMVC Debenture, Statement of No Material Adverse Change, and any financial statements.
6. Double-check that the documents are signed and dated appropriately. This includes all required signatures for any legal statements or declarations.
7. Compile your complete Draw Request package, ensuring everything is in order and all forms are completed in accordance with the instructions provided.
8. Submit your Draw Request package by overnight courier to the designated SBA contact person listed in the instructions.
9. After submission, monitor for the Approval Notice from SBA, which you will receive via email or mail, and follow the instructions for completing any necessary follow-up actions.
10. Once you receive the Approval Notice, complete the necessary sections and fax it to JP Morgan Chase by the specified timeline to facilitate your fund takedown.

Take the next step towards securing your funding by completing the SBA Form 2210 online today.