7 CFR 4290.1220
§ 4290.1220 Requirement for RBIC to file financial statements at the time of request for a draw.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 4290.1220, § 4290.1220 Requirement for RBIC to file financial statements at the time of request for a draw, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/31579
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Full text
(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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.