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 Agreement Without Interest In Massachusetts
Category:
State:
Multi-State
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
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FAQ
Pursuant to 13 CFR § 120.160(a), all SBA 7(a) loans must be guaranteed by at least one person or entity. Generally, guarantees are required of any individual or entity who owns 20% or more of a borrower entity.
More info
The NIL program offers zero interest loans to assist students in meeting educational costs. Students have a period of 10 years to repay their NIL loans.Need funding for your small business? Learn about SBA loans. Evaluate your business needs and compare terms such as interest rates and repayment plans to determine the best fit. Completing the Application. Use the fields to narrow your search and select the "Search for documents" button to see your results. To secure Borrower's payment obligations under this Loan Agreement, Borrower grants to Lender a security interest in the Collateral. Explore loan options for your Massachusetts business. Find local resources and compare loan options.