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 Eidl Loan Requirements In Texas
Category:
State:
Multi-State
Control #:
US-00193
Format:
Word;
Rich Text
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Businesses must meet the following criteria to qualify for economic injury: The business was directly impacted by the disaster. The business cannot cover expenses due to the disaster and/or debt payments. The business was physically located in the declared disaster area.
The owners must have responsible lender equity to investment. The company must do business within the US or its territories. The business must operate for profit.