This form is an assumption agreement for a Small Business Administration (SBA) loan. Party assuming the loan agrees to continue payments thereon. SBA agrees to the assumption of the loan and release of original debtor. Adapt to fit your circumstances.
Sba Loan Authorization And Agreement Form In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
Description
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FAQ
All other 504 loans must fund within 48 months (4 years) of SBA approval. An extension can be requested, and if approved, will be granted up to an additional 12 months (1 year).
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
The U.S. Small Business Administration (SBA) helps small businesses get funding by setting guidelines for loans and reducing lender risk. These SBA-backed loans make it easier for small businesses to get the funding they need.
SBA Communication: What to Expect The SBA won't ask for personal information via third-party platforms. Phone calls and emails from the SBA are intended to inform you, not to ask for personal details.
Anyone who gets a letter about a delinquent payment claiming to be from the SBA can visit the website to compare the letter's contents to the site's official information about loans, payments and contact information. Copyright 2025 Nexstar Media Inc.
Small Business Administration (SBA)
An SBA-approved franchise is a business that has met the criteria set by the SBA for franchising businesses that can receive SBA loans. The SBA neither approves nor disapproves individual franchises but rather provides a list of franchises that meet their criteria.
The Stand-by Arrangement (SBA) provides short-term financial assistance to countries facing balance of payments problems. Historically, it has been the IMF lending instrument most used by advanced and emerging market countries.
SBA's mission is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns." It also is charged with ensuring that small businesses earn a "fair proportion" of government contracts and sales of surplus property.