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Code of Federal Regulations Title 7. Agriculture § 7.4290.1220 Requirement for RBIC to file financial statements at the time of request for a draw

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) If you submit a request for a draw against your Leverage commitment more than 90 days following your submission of an annual SBA Form 468 or a SBA Form 468 (Short Form) or other USDA–approved form(s), you must:

(1) Give the Agency a financial statement on Form 468 (Short Form) or other USDA–approved form(s), and

(2) File a statement of no material adverse change in your financial condition since your last filing of SBA Form 468 or other USDA–approved form(s).

(b) You will not be eligible for a draw if you are not in compliance with this § 4290.1220.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.4290.1220 Requirement for RBIC to file financial statements at the time of request for a draw - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-4290-1220/

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