GroundRules
13 CFR 108.1220: Requirement for NMVC Company to file financial statements at the time of request for a draw.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER I—SMALL BUSINESS ADMINISTRATION
- PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM
- Subpart J—SBA Financial Assistance for NMVC Companies (Leverage)
(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.
Collected 2026-08-27T02:24:18Z. Source file · JSON