In this video, I talk about an EIDL Loan Update regarding additional requests that the SBA is making of SBA EIDL Loan recipients. Statement that the owner is authorized to accept the EIDL on behalf of the company.An offer in compromise may be possible for some businesses. In order for the SBA to process an offer in compromise, businesses must fill out SBA Form 1150. We provide documents in 17 different languages to help you understand eligibility requirements, fill out applications, and answer frequently asked questions. This Resolution of Board of Directors template can be used for the documentation needed to obtain SBA loan forgiveness (EIDL and PPP). So, what happens if your business used an Economic Injury Disaster Loan but is now closing? A Illinois corporation resolution form is a legal document that directors of a corporation adopt to document consent and agreement between all relevant parties. The Construction and Remodeling Industry is one of the most important sectors of the economy. Make checks payable to the Illinois Secretary of State.