13 C.F.R. § 108.1220 Requirement for NMVC Company to file financial statements at the time of request for a draw.
Title 13 - Business Credit and Assistance
(a) If you submit a request for a draw against SBA's Leverage commitment more than 90 days since your submission of an annual Form 468 or a Form 468 (Short Form), you must: (1) Give SBA a financial statement on Form 468 (Short Form); and (2) File a statement of no material adverse change in your financial condition since your last filing of Form 468. (b) You will not be eligible for a draw if you are not in compliance with this section.
Title 13: Business Credit and Assistance
PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM
Subpart J—SBA Financial Assistance for NMVC Companies (Leverage)
Conditional Commitments by SBA To Reserve Leverage for a NMVC Company
§ 108.1220 Requirement for NMVC Company to file financial statements at the time of request for a draw.
