This form is an assumption agreement for a Small Business Administration (SBA) loan. Party assuming the loan agrees to continue payments thereon. SBA agrees to the assumption of the loan and release of original debtor. Adapt to fit your circumstances.
Sba Loan Forgiveness For Covid In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
Description
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FAQ
As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
To qualify, you must demonstrate that your business has ceased operations, all assets have been liquidated, and the proceeds applied toward the debt. The SBA will assess your financial situation to determine if the proposed settlement is reasonable.