Model Corporate Resolution for SBA Commitment. Need funding for your small business?Learn about SBA loans. Learn if a corporate resolution is needed for your LLC, how to fill out a corporate resolution form and more in this guide. How should the Corporation name be filled out? The registered corporate name should be used and not the trade name. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting. However, they're useful for granting authority to members to transact significant business actions, such as taking out a loan on behalf of the LLC. The resolution officially authorizes members to open a bank account, apply for loans, and make withdrawals in the company's name. Routine daytoday business activities don't need to be included.

Corporate Resolution For Sba Loan In Pennsylvania

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