Model Corporate Resolution for SBA Commitment. A Illinois corporation resolution form is a legal document that directors of a corporation adopt to document consent and agreement between all relevant parties.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. Need funding for your small business? Learn about SBA loans. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting. 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. In order for the SBA to process an offer in compromise, businesses must fill out SBA Form 1150. How should the Corporation name be filled out? The registered corporate name should be used and not the trade name.