SBA Form 2234 C Eligibility Information Required For 504 Submission (PCL

ELIGIBILITY INFORMATION REQUIRED
FOR 504 SUBMISSION (PCLP)

OMB APPROVAL NO.: 3245-0346
EXPIRATION DATE: xx/xx/xxxx

The Premier Certified Lenders Program (PCLP) Certified Development Company (CDC) completes this form to
help SBA carryout its lender, portfolio and program oversight as part of the application package for Section 504
Loan and sends to: Sacramento Loan Processing Center, Small Business Administration, 6501 Sylvan Road, Suite
111, Citrus Heights, CA. 95610-5017.

I. General Information - Fill out all blanks and answer all questions. If a question is answered “No,” the loan is not eligible.
Applicant Name:
____________________________________________________________________________
CDC Name:
____________________________________________________________________________
Describe Type of Business:
____________________________________________________________________________
Describe Project:
____________________________________________________________________________
Applicant is an operating business organized for profit, is located in United States, has demonstrated a need for the
desired credit, and the desired credit is not otherwise available on reasonable terms from non-Federal sources.
YES___NO___
The Applicant will use the Project Property and the Project is located in the United States.

YES___NO___

The products and/or services of the Applicant business are available to the general public.

YES___NO___

II. Size – Check Item(s) if Applicable and Fill out A or B below.
COMPLETE FOR APPLICANT:
A. If using the 504 size standard:
• Tangible net worth of Applicant (excluding its Affiliates)
•

Average net income after Federal income taxes (excluding any
carry-over losses) for the Applicant (excluding its Affiliates) for the
preceding two completed fiscal years

B. If using the alternative 7(a) size standard:
• Primary industry of Applicant

__________________________

__________________________

__________________________

•

NAICS Code of Applicant

__________________________

•

Average annual receipts of Applicant Business (excluding affiliates)
over last 3 completed fiscal years

__________________________

•

No. of employees of Applicant Business

__________________________

•

SBA size standard for applicant

__________________________

___Applicant has possible affiliates. If item is checked, provide the following information in Section X of this form:
List possible affiliates, discuss possible bases of affiliation and determine if affiliation exists.
If affiliation exists, provide a schedule showing combined size calculation.
The combined size calculation of applicant and its affiliates meets the size standard for the
applicant’s primary Industry or the size standard for the primary industry of the applicant and
its affiliates, whichever is higher.

YES___NO___

If size standard is exceeded by no more than 25%, Applicant agrees to use the assistance within a labor
surplus area.

YES___NO___

___Applicant business has a franchise/license/dealer/jobber or similar agreement. If checked, answer the following
question:
The SBA Franchise Registry lists the franchise/license/dealer/jobber or similar agreements as an approved
agreement.
YES___NO___
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If “No”, answer the following: You have made the determination that the applicant business has the right
to profit and risk of loss commensurate with ownership and there are no excessive restraints on the sale
of the franchise/license/dealer/jobber or similar interest. If “No”, loan is not eligible.

YES___NO___

III. Principals of the Applicant – Answer All Questions. If a question is answered “No,” the loan is not eligible.
All principals of business are either U.S. citizens or non-U.S. citizens whose status has been verified by the lender.
YES___NO___
CHOOSE ONE:
_____

The business is at least 51 percent owned by individuals who are U.S. citizens and/or who have verified
Legal Permanent Resident (LPR) status from USCIS and control the management and daily operations of the business.

_____

The business is at least 51 percent owned by aliens with a verified status other than LPR, the lender has determined that
continual and consistent management of the business has been provided by a U.S. citizen or by a verified LPR for at least one
year and will continue indefinitely AND U.S. collateral is pledged sufficient to pay the loan in full at any time. (Businesses
less than one year old do not meet these requirements.)

IV. Type of Business – Check Any Items That Are Applicable.
___Applicant is or does one of the following: If checked, loan is not eligible.
•
primarily engaged in the business of lending
•
a passive business owned by developers or landlords that do not actively use or occupy the assets
acquired or improved with the loan proceeds and that is not an Eligible Passive Company
discussed below
•
bail bond company
•
life insurance company
•
located in a foreign country or owned by undocumented (illegal) aliens
•
pyramid sale distribution plan
•
any illegal activity
•
principally engaged in teaching, instructing, counseling or indoctrinating religion or religious
beliefs, whether in a religious or secular setting.
•
consumer or marketing cooperative
•
earns 1/3 or more of its gross annual revenue from packaging SBA loans
•
derives directly or indirectly more than 5% of its gross revenue through the sale of products or
services, or the presentation of any depiction or displays, of a prurient sexual nature or that
presents any live performances of a prurient nature
•
primarily engaged in political or lobbying activities
•
a speculative business (such as oil wildcatting, mining and research & development)
___ Applicant is a business that is primarily engaged in subdividing real property into lots and developing it for resale on its own
account or in owning or purchasing real estate and leasing it for any purpose. If checked, loan is not eligible.
___Applicant is a pawn shop. If checked, answer the following statement.
More than 50% of Applicant’s income for the previous year was from sales rather
than from interest on loans.

YES____NO___

___Applicant is a mortgage service company. If checked, answer the following statement.
Any mortgage loans funded are sold within 14 days of loan closing.

YES____NO___

___Applicant is a hotel, motel, recreational vehicle park, campground, marina or similar type of business.
If checked, answer the following statement.
Applicant derives 50 percent or more of its gross annual income from transients who
stay for periods of time not exceeding 30 days.

YES____NO___

___Any of gross annual revenue of Applicant business is derived from gambling. If checked, answer the
following statement. If “No,” loan is not eligible.
The revenue is from legal gambling activities and comprises 1/3 or less of gross annual
revenue of Applicant business and the business is not a racetrack, casino or otherwise
have gambling as its reason for being.

YES____NO___

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___Applicant is a private club or business. If checked, answer the following statement. If “No,” loan is not eligible.
Business does not limit the number of memberships for reasons other than capacity.
YES____NO___
__Applicant is a government-owned entity. If checked, answer the following statement. If “No,” loan is not eligible.
Applicant is business owned or controlled by a Native American tribe, but is a
separate legal identity from the tribe.
YES____NO___
___Applicant is an Eligible Passive Company (EPC). If checked, fill in the blanks and answer the following questions. If an
individual question or both parts of a two-part question is answered “No,” loan is not eligible. Attach additional sheet with
Names and Legal Forms if more than one OC. References below to OC mean each OC.
Name of Operating Company (OC) :
Legal Form of Entity of OC:
•

___________________________________________________________
___________________________________________________________

The EPC will use the loan proceeds to acquire or lease, and /or improve or renovate real or
personal property (including eligible refinancing) that it leases 100% to one or more OCs.

YES___NO___

The OC is an eligible small business and the proposed use of proceeds would be an eligible
use if the OC were obtaining the financing directly.

YES___NO___

•

The EPC (with the exception of a trust) and the OC each are small under SBA’s size standards.

YES___NO___

•

The EPC is eligible as to type of business, other than being passive.

YES___NO___

•

The lease between the Eligible Passive Company and the Operating Company will be in
writing, will have a remaining term at least equal to the term of the loan (including options
to renew exercisable solely by the Operating Company), will be subordinated to SBA’s lien
on the property and the rents will be assigned as collateral for the loan.

YES___NO___

The OC will be a guarantor or co-borrower. If part of the assets are to be owned by the OC, it will
be a co-borrower.

YES___NO___

•

Each 20% or more owner of the EPC and each 20% or more owner of the OC will guarantee the loan.

YES___NO___

•

The aggregate amount of the SBA portions for this application and for all outstanding loans to the
EPC, the OC, and their affiliates does not exceed $5 million (or $5.5 million if the PCLP loan is
eligible under public policy goals or $5.5 million if the applicant is a Small Manufacturer.)

YES___NO___

Neither the EPC nor the OC is a trust or SBA requirements regarding trusts are met.

YES___NO___

•

•

•

___Applicant is a convalescent or nursing home. If item is checked, answer the following question.
If “No,” loan is not eligible.
Applicant is licensed as a nursing home or assisted living facility.

YES___NO___

V. Project Financing and Costs – Fill in All Blanks and Answer All Questions. If a question is answered “No,” the loan is not
eligible.
Debenture Amount
Interim Loan Amount
Term of 504 Loan and Debenture

$___________
$___________
___________ years

PERMANENT FINANCING

Administrative Costs: SBA guarantee fee
Funding Fee
$__________ CDC processing fee
Borrower’s Out-of-pocket Closing Costs
CDC Closing Fee$__________
Underwriters fee

$__________
$__________
$__________
$__________

PROJECT COSTS

Third Party Loans

$___________

_________%

RE Purchase___ or Lease___

$__________

Net Debenture

$___________

_________%

RE Construction ___or Impr___

$__________

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Borrower Contribution

$___________

_________%

Debt to be Refinanced

$__________

Professional Fees

$__________

Capital or Long-Term Equipment $__________
Interim Interest and Fees
TOTAL

$___________

_________% TOTAL

Third Party Loan for Debt Consolidation, if any $__________= Debt Consolidation, if any

$__________
$__________
$__________

Any costs attributable to the Project to be reimbursed to the Applicant are for land that was
acquired with financing for a term of 3 years or less and prior to applying to SBA for the 504
loan and used in the Project, or for other eligible expenses that are directly attributable toward
the Project.

YES___NO___

The Interim Loan does not cover the Borrower’s contribution. The source of interim financing
is not from any SBA program, directly or indirectly; the terms and conditions of the financing
are acceptable; the source is not the Applicant or an Associate of the Applicant; and the source
has the experience and qualifications to monitor properly all Project construction and progress
payments.

YES___NO___

The Borrower Contribution is cash or property that is part of the Project Property and is not
derived from an SBA business loan program. If the contribution is borrowed, the interest rate
is reasonable and any lien on the Project assets is subordinate to the liens securing the 504 loan,
and the loan will not be repaid at a faster rate than the 504 loan.

YES___NO___

If the Borrower has been in operation for 2 years or less (or there is a change in ownership of the
applicant business)
• There is an additional Borrower Contribution of at least 5 % (above the minimum 10 %)
• The Debenture will finance no more than 35% of the Project and
• At least 50% of the Project financing will be from state or local government, banks or other
financial institutions, foundations or other not-for-profit institutions, or seller (provided
seller subordinates its interest to the debenture)

YES___NO___

If the Project involves a limited or single-purpose building or structure
• There is an additional Borrower Contribution of at least 5 % (above the minimum 10 %)
• The Debenture will finance no more than 35% of the Project
• At least 50% of the Project financing will be from state or local government or other
financial institutions, foundations or other not for-profit institution, or seller (provided
seller subordinate its interest to the debenture)

YES___NO___

If the Borrower has been in operation for 2 years or less (or there is a change of ownership of the
applicant business) and the Project involves a limited or single-purpose building or structure,
• The Borrower Contribution is at least 20%
• The Debenture will finance no more than 30% of the Project and
• At least 50% of the Project financing will be from state or local government,
banks or other financial institutions, foundations or other not-for-profit institutions,
or seller (provided seller subordinates its interest to the debenture)

YES___NO___

The Third Party Loan is at least as much as the 504 Loan (net proceeds). The Third
Party Loan(s) has a term of at least 7 years for a 10-year debenture and at least 10 years
for a 20-year debenture. The interest rate is reasonable. Any financing provided by the
seller of Project Property is subordinate to the 504 loan and may not be prepaid without
SBA consent.

YES___NO___

No more than 50% of eligible Project costs are from Federal sources.

YES___NO___

Any debt consolidation included in the Third Party Loan will not improve the lien position
of the Lender on the pre-existing debt, unless the debt is a previous Third Party Loan.

YES___NO___

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The aggregate amount of the SBA portions for this application and for all outstanding loans
to this Applicant and its affiliates does not exceed $5 million, or $5.5 million if the PCLP loan
is eligible under the following public policy goal or $5.5 million if the applicant is a Small
Manufacturer or an Energy Efficiency Project.

YES___NO___

VI. Project Economic Development Goals
Answer if debenture amount is $5,000,000 or less:
This Project creates or retains one Job Opportunity for every $65,000 ($100,000 for a
Small Manufacturer) guaranteed by SBA.

YES___NO___

If "No," answer the following question:
The CDC's overall portfolio of 504 loans, including this loan but exclusive of 504 loans to
Small Manufacturers meets or exceeds the CDC's required Job Opportunity Average AND
the Project achieves the following community development or public policy goal:
(A Goal must be cited for any 504 Loan where the above jobs test is not met).

YES___NO___

Answer if debenture amount is over $5,000,000 to $5,500,000. If “No”, loan is not eligible.
This Project is for a Small Manufacturer and it creates or retains one Job Opportunity for every
$100,000 guaranteed by SBA and the Project achieves the following community development or
Public Policy goal: ___________________

YES___ NO___

If "No," answer the following question:
The project creates or retains one Job Opportunity for every $65,000 guaranteed by SBA or the
CDC's overall portfolio of 504 loans, including this loan but exclusive of 504 loans to Small
Manufacturers meets or exceeds the CDC's required Job Opportunity Average AND it is an Energy
Efficiency Project (achieves the public policy goal of either 10% reduction in energy use or production
of renewable energy).
If “No”, loan is not eligible.

YES___NO___

VII. Use of Project Proceeds – Check if Applicable.
___ To relocate any operations of a small business which will cause a net reduction of one-third or more in the workforce of the
relocating small business or a substantial increase in unemployment in any area of the country. If checked, answer the
following questions. If “No,” loan is not eligible.
The relocation is for key economic reasons and crucial to the continued existence, economic
wellbeing, and/or competitiveness of the applicant; and the economic development benefits
to the applicant and the receiving community outweigh the negative impact on the community
from which the applicant is moving.

YES___NO___

___ To provide or refinance funds used for payments, distributions, or loans to Associates of the Applicant,
except payment of ordinary compensation for services rendered. If checked, loan is not eligible.
___ To fund purchase, renovation, or reconstruction of an existing building. If checked,
answer the following questions. If “No,” loan is not eligible.
• Applicant (or Operating Companies) will occupy at least 51% of the rentable property.
•
•

Loan proceeds will not be used to remodel or convert space not occupied by the
Applicant or OC.
Third Party Loan proceeds used to renovate the rental space are not counted
towards the 504 first mortgage requirements or the Borrower’s Contribution.

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YES___NO___

YES___NO___
YES___NO___

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___ To finance construction of a new building. If checked, answer the following questions.
If building will contain rental space, Applicant (or Operating Companies) will
occupy 60% of rentable space immediately, will lease no more than 20% of rentable
space long term, will occupy more than 60% of rentable space within 3 years and plans
to occupy at least 80% of rentable space within 10 years.
• Community improvements do not exceed 5 percent of construction proceeds.

YES___NO___
YES___NO___

___ To purchase, transport, dismantle or install machinery and equipment. If checked, answer
the following question. If “No,” loan is not eligible.
• The machinery and equipment has a useful life of at least 10 years.
(20 years if a 20-year 504 loan is requested)

YES___NO___

___ To purchase short-term equipment, furniture and/or fixtures. If item is checked, answer
the following question. If “No,” loan is not eligible.
The dollar amount compared to the total project cost is minimal and will not affect
the maturity based upon a weighted average useful life and the items are essential
to and a minor portion of the Project.

YES___NO___

___ To fund leasehold improvements. If checked, answer the following question. If “No,”
loan is not eligible.
Loan proceeds will be used to improve space occupied 100% by Applicant.

YES___NO___

___ To acquire, construct or modify buildings and improvements, and/or to purchase and install
machinery and equipment located on land leased to the Applicant by the CDC or an unrelated
lessor. If checked, answer the following questions. If “No,” loan is not eligible.
• The remaining term of the lease, including options to renew, exercisable solely by the
lessee, will equal or exceed the term of the Debenture, or, in the case of machinery or
equipment, equals or exceeds the useful life of the property or the term of the Debenture,
whichever is less.
• The Applicant will assign its interest in the lease to the CDC with right of reassignment to SBA.
• If CDC is leasing property to the Applicant, the rent paid during the Debenture term will pay principal
and interest on all debt incurred by the CDC to finance the Project, and all related expenses.

YES___NO___
YES___NO___
YES___NO___

___ Debt refinance as part of an expansion is included in Project costs: If checked, answer the following questions.
If “No” loan is not eligible.
NOTE: PCLP CDCs may not use their delegated authority for these Projects if the Project involves same institution debt.
i. Total debt refinanced is no more than 50% of new expansion costs.
YES___NO___
ii. Either:
(1) Substantially all (85% or more) of the proceeds of the existing debt was used to acquire an
Eligible Fixed Asset(s) and the remaining amount (15% or less) was incurred for the benefit
of the small business seeking the refinancing; or

YES___NO___

(2) if the Eligible Fixed Asset(s) was originally financed through a commercial loan (hereafter the
“original loan”) that was subsequently refinanced one or more times:
A. Substantially all (85% or more) of the proceeds of the original loan was used to
acquire an Eligible Fixed Asset and the remaining amount (15% or less) was incurred
for the benefit of the small business seeking the refinancing; and
B. the existing debt is the most recent refinancing of the original loan;

YES___NO___

iii. The existing indebtedness is collateralized by fixed assets;

YES___NO___

iv. The existing indebtedness was incurred for the benefit of the small business concern;

YES___NO___

v. Project proceeds will be used only for refinancing existing indebtedness or costs relating to the
project financed.

YES___NO___

vi. The financing will provide a substantial benefit to the borrower when prepayment penalties, financing
fees, and other financing costs are accounted for;

YES___NO___

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vii. The borrower has been current on all payments due on the existing debt for not less than
1 year preceding the date of refinancing;

YES___NO___

viii. The financing under section 504 will provide better terms or rate of interest than the
existing indebtedness at the time of refinancing.

YES___NO___

ix. No debt refinanced is due to an Associate of applicant.

YES___NO___

x. No debt refinanced is due to a Small Business Investment Company.

YES___NO___

xi. No creditor whose debt is refinanced is in a position to sustain a loss causing a shift of any
part of a potential loss to SBA.

YES___NO___

Debt refinance without expansion is included in Project costs: If checked, loan is not eligible for PCLP.

VIII. PCLP Requirements – Check if Applicable.
___Loan is for the following special purpose OR Applicant is or does one of the following
(If checked, loan is not eligible for PCLP):
• Disabled Assistance Loan Program (DAL)
• Energy Conservation
• Qualified Employee Trusts (ESOP)
• Pollution Control Program
• Applicant is located in a foreign country or owned by undocumented (illegal) aliens
• Applicant is primarily engaged in teaching, instructing, counseling or indoctrinating religion or religious beliefs,
whether in a religious or secular setting. (An Applicant is not ineligible merely because it offers religious books, music,
ceremonial items or other religious articles for sale. The lender must consider the overall activities and business environment
of the Applicant.)
• Applicant derives directly or indirectly more than 5% of its gross revenue through the sale of products or services, or the
presentation of any depiction or displays, of a prurient sexual nature or that presents any live performances of a prurient
nature (The CDC must consider whether the nature and extent of the sexual component causes it to be prurient.)
___ Applicant or Affiliate(s) has/have existing SBA loans(s). If checked, answer the following
question. If “No,” loan is not eligible.
The existing SBA loan(s) is/are current.

YES___NO___

___ Question 7 on any required SBA Form 912, Statement of Personal History, for this application is
answered “Yes” (If checked, loan is not eligible.)
___ Question 8 or 9 of any required SBA Form 912, Statement of Personal History, for
this application is answered “Yes.” If checked, answer the following:
The application meets one of the following criteria below (which is checked)
(If “No,” loan is not eligible.)
____Lender has received written clearance of the character issue(s) from the Sacramento
Loan Processing Center (SLPC).
____The charge resulting in a “Yes” answer was a single misdemeanor that was subsequently
dropped without prosecution and CDC has documentation from the appropriate court or
prosecutor’s office showing that the charge was dropped.
____CDC has previously submitted this application to SBA under any other program, including
ALP or regular 504. (Loan is not eligible for PCLP.)
____Loan will have primary collateral that will not meet SBA’s environmental requirements or
that will require use of a non-standard indemnification agreement. (Loan is not eligible for PCLP.)
____Business or any of its principals has been involved in a federal loan or federally assisted
financing that defaulted and caused a loss to the Federal government or any of its Departments
or agencies. (Loan is not eligible for PCLP.)
____Some or all of refinancing included in Project is used to refinance same institution debt which
is due to the PCLP CDC or the Third Party Lender financing the new project or of affiliates
of either. (Loan is not eligible for PCLP.)
____Not all collateral securing any debt refinanced as part of the Project is to secure the 504 Project
Loans. (Loan is not eligible for PCLP.)
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YES___NO___

IX. Conflict of Interest
SBA will not provide financial assistance under delegated processing authority to an applicant when granting such financial assistance
will result in the appearance of a conflict of interest between the Federal Government or the CDC and the Applicant. If any of the
statements cannot be answered “True,” then the application may not be submitted under delegated processing.
•No SBA employee, or the household member* of an SBA employee, is a sole proprietor,
partner, officer, director, or stockholder with a 10 percent or more interest of the Applicant.
[13 CFR 105.204]

True____

•No former SBA employee, who has been separated from the SBA for less than one year prior
to the request for financial assistance is an employee, owner, partner, attorney, agent, owners
of stock, officer, director, creditor or debtor of the Applicant. [13 CFR 105.203]

True____

•No Member of Congress, or an appointed official or employee of the legislative or judicial branch
of the Federal Government, is a sole proprietor, general partner, officer, director, or stockholder
with a 10 percent or more interest, or household member of such individual, of the Applicant.
[13 CFR 105.301(c)]

True____

•No Government employee having a grade of at least GS-13 or higher is a sole proprietor, general
partner, officer, director, or stockholder with a 10 percent or more interest, or household member of
such individual, of the Applicant. [13 CFR 105.301(a)]

True____

•No member or employee of a Small Business Advisory Council or a SCORE volunteer is a sole
proprietor, general partner, officer, director, or stockholder with a 10 percent or more interest,
or a household member of such individual, of the Applicant. [13 CFR 105.302(a)]

True____

(*A “household member” of an SBA employee includes: a) the spouse of the SBA employee; b) the minor children of said individual;
and c) the blood relatives of the employee, and the blood relatives of the employee’s spouse, who reside in the same place of abode as
the employee. [13 CFR § 105.201(d)])
X. Ethical Requirements of Lenders (13 CFR 120.140)
Please answer the following questions. If any of the statements cannot be answered as “True,” then the loan request is not eligible.
•No CDC or Associate** of CDC has a real or apparent conflict of interest with Applicant, any
of Applicant’s Associates, or any of the close relatives of Applicant’s Associates.

True____

•No CDC or Associate or close relative of an associate of the CDC has a significant direct or indirect
financial or other interest in the applicant, or has had such an interest within 6 months prior to the date
of the application.

True____

•No CDC or Associate of a CDC is incarcerated, on parole, or on probation or is a convicted felon or
has an adverse final civil judgment (in a case involving fraud, breach of trust, or other conduct) that
would cause the public to question the CDC’s business integrity.

True____

•No CDC or any Associate of CDC has accepted funding from a source that restricts, prioritizes,
or conditions the types of small businesses that CDC may assist under an SBA program or that
imposes any conditions or requirements upon recipients of SBA assistance inconsistent with
SBA’s loan programs or regulations.

True____

•None of the Loan proceeds will directly or indirectly finance purchase of real estate, personal
property or services from CDC or an Associate of CDC.

True____

•Neither the Applicant, an Associate of Applicant, close relative, nor household member of an
Associate of Applicant is required to invest in CDC.

True____

•None of the proceeds of the loan will be used to acquire space in project for which CDC has
issued a real estate forward commitment.

True____

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(**Associate of a CDC is an officer, director, key employee, or holder of 20 percent or more of the value of the CDC’s stock or debt
instruments, or an agent involved in the loan process. An Associate of a small business is an officer, director, owner of more than 20
percent of the equity, or key employee.)
• No employee of a community organization such as a certified development company or microlender
(or a close relative or household member of such an individual) is a sole proprietor, general partner,
officer, director, employee, attorney, agent, creditor or debtor, or has a financial interest in the Applicant.

True____

• No community organization or its officers or its directors have a significant financial interest in the
Applicant unless the organization has been inactive in packaging SBA loans for at least two years
prior to the application date.

True____

XI. COMMENTS REGARDING ANY OF ABOVE ANSWERS THAT REQUIRE EXPLANATION OR REGARDING ANY
OTHER RELEVANT ELIGIBILITY ISSUES. ATTACH ADDITIONAL PAGE(S) IF NECESSARY.
CDC hereby certifies that the above information is true and correct, to the best of its knowledge, and that it has exercised due
diligence to obtain the true and correct information. CDC is aware and acknowledges that SBA review of this form is a quick look at
eligibility intended to provide limited protection to SBA and the CDC from making an ineligible loan, and that if an SBA loan number
is assigned and SBA later learns that the loan is not eligible, SBA may pursue any available remedy against the CDC including a suit
to recover the amount of any money wrongfully paid by SBA and administrative actions under 13 C.F.R. Part 120, Subpart I.

CDC Signature
Typed Name and Title________________________________________________

Date____________

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estimates should be sent to U.S. Small Business Administration, Chief, AIB, 409 3rd St., SW, Washington DC 20416 and/or SBA
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