13 CFR 108.1220
§ 108.1220 Requirement for NMVC Company to file financial statements at the time of request for a draw.
United States · 13 CFR — Business Credit and Assistance · Status: effective
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- Citation
- 13 CFR 108.1220, § 108.1220 Requirement for NMVC Company 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/51793
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Full text
(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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.