Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
(b) SBA Form 652, a certification by the concern you are financing that it will not illegally discriminate (see part 112 of this chapter).
At a minimum, SBA requires an equity injection of at least 10% of the total project costs. This means that in order to qualify, you'll need to provide 10% of all costs required to complete the change of ownership, including working capital needs regardless of the source of funds.
SBA Form 160, Resolution of Board of Directors is a form issued by the Small Business Administration (SBA) and filed with SBA Business expansion loans including direct, guaranteed or participation loans.
The document is an Unconditional Limited Guarantee from the U.S. Small Business Administration (SBA) outlining the obligations of a Guarantor to repay amounts owed under a promissory note (the Note) in case of default by the Borrower.