Model Corporate Resolution for SBA Commitment. Enter the company's name and the amount of money you're applying for, provide the full names and titles of the officers presenting at the board meeting.This Resolution of Board of Directors template can be used for the documentation needed to obtain SBA loan forgiveness (EIDL and PPP). Download the free corporate borrowing resolution template as a word document or PDF. It is perfect to write a board resolution for an SBA loan from a bank. Once submitted, the resolution shows the SBA the max amount the applicant's governing body has authorized for the application. Get practical tips and a roadmap to set New Year's resolutions for small business success as we look onto 2024. Hugh is active in the Connecticut Bar Association and the American Bar Association.