Model Corporate Resolution for SBA Commitment. A template for a board resolution is helpful for ensuring that all the proper information gets included on the resolution and that resolutions are consistent.A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting. A Illinois corporation resolution form is a legal document that directors of a corporation adopt to document consent and agreement between all relevant parties. Need funding for your small business? Learn about SBA loans. How should the Corporation name be filled out? The registered corporate name should be used and not the trade name. Every bank will have its own procedures for accepting banking resolutions. In order for the SBA to process an offer in compromise, businesses must fill out SBA Form 1150.