Get Regular 7a Guaranty Purchase Package Tabs Form

Filling out the Regular 7a Guaranty Purchase Package Tabs Form online can be a straightforward process when you follow the right steps. This guide aims to provide clear and supportive instructions to help you successfully complete the form and submit your guaranty purchase request package.

Follow the steps to fill out the Regular 7a Guaranty Purchase Package Tabs Form online.

1. Click the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Begin by reviewing the first tab, the Demand Letter. Ensure it is signed by an authorized officer, and if applicable, indicate if you are submitting a post-purchase package without the demand letter.
3. Proceed to Tab 2, the Loan Authorization. Upload or attach the executed loan authorization document and any amendments along with a copy of any companion loans if they exist.
4. In Tab 3, provide the necessary Eligibility documentation. Specify the type of business and select the relevant special program under which the loan was originated, attaching the required eligibility checklists.
5. Tab 4 is for Legal Documentation. Include all mandatory legal documents such as the Note, guaranties, and any additional pertinent legal documents as outlined in the tab instructions.
6. Go to Tab 5, which requires Settlement Sheets. Attach completed SBA Form 1050 for all loan disbursements, ensuring all supporting documentation is included.
7. For Tab 6, provide the Certified Transcript of Account (SBA Form 1149), ensuring it contains all the necessary accounting details for disbursement and payment applications.
8. In Tab 7, indicate if the loan defaulted within the specified early default period and provide IRS income tax verification if required, as well as evidence of equity injection.
9. In Tab 8, provide the Reconciliation of Business Personal Property Collateral if required, detailing the collateral itemization and any updates post-default.
10. Complete Tab 9 regarding Collateral Disposition, providing all required documentation including appraisals and details of any collateral sales or liquidation activities.
11. Finally, in Tab 10, ensure that you include General Information including a Wire Transfer Form and any required Risk Management Database Form. Review for completeness.

Complete the Regular 7a Guaranty Purchase Package Tabs Form online to facilitate your guaranty purchase request.