The Official Resolution Form for SBA Loan in Wayne serves as a formal document enabling a corporation to authorize specific individuals to handle the filing of official papers necessary for obtaining an SBA loan. This form is essential for providing clarity and legal backing to the process of securing funding. It includes spaces for the corporation's name, authorized officer's name, and the details of the resolution or action to be taken, ensuring that all required information is documented accurately. Users must complete the form during either a regular or special meeting of the corporation, where directors will adopt the resolution. The form requires signatures from directors and a certification from the secretary, confirming the legitimacy of the resolution. This makes it a critical tool for organizational compliance and governance. Target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful to facilitate the loan application process and ensure legal adherence. Filling out this form correctly is essential to avoid delays in loan processing and enhance the corporation's credibility with lenders.