Form SBA Form 2233 SBA Form 2233 PREMIER CERTIFIED LENDERS PROGRAM (PCLP) QUARTERLY LOAN

OMB APPROVAL NO.: 3245-0346
EXPIRATION DATE: XX-XX-2023

PREMIER CERTIFIED LENDERS PROGRAM (PCLP)
QUARTERLY LOAN LOSS RESERVE REPORT
Instructions: The PCLP CDC (or a non-PCLP CDC with PCLP loan(s) in its portfolio) completes this form to
report its quarterly Loss Reserves to the SBA so that the SBA can monitor compliance with PCLP program
requirements. The CDC must attach copies of bank statements to support all stated reserve balances and attach
correspondence with banks on reconciling accounts.
CDC Name: _______________________________________________________________
Quarter End Date: ___________________

Year: _________________

LLRF Balances and Reconciliation
Is the Declining Balance Methodology Used for any Debenture?

Yes ☐ No ☐

If yes, CDC must attach a list of loan numbers for which the Declining Balance Methodology is used
Amount required in Loan Loss Reserve Fund for this quarter
pursuant to 13 CFR § 120.847:

$ ___________________________

Total Amount in Loan Loss Reserve Fund as of quarter end date:

$ ___________________________

Net Excess/(Shortage):

$ ___________________________

Quarter End Bank Statements for All Accounts Attached?

Yes ☐ No ☐

Bank 1 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 2 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 3 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 4 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 5 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 6 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 7 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 8 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 9 Name: ________________________________________ LLRF Balance: $ _____________________
Bank 10 Name: ________________________________________ LLRF Balance: $ _____________________

SBA Form 2233 (05-2020) Previous Editions Obsolete

Page 1 of 2

OMB APPROVAL NO.: 3245-0346
EXPIRATION DATE: XX-XX-2023

CDC Certification
By signing below, you certify as to the following:
1. The information provided throughout this form is true, complete and correct to the best of your knowledge.
2. CDC is in full and complete compliance with all SBA Loan Program Requirements applicable to its PCLP
Loan Loss Reserve Fund (“LLRF”).
3. Each LLRF account listed above is subject to a Loan Loss Reserve Fund Deposit Account Control
Agreement (“Control Agreement”) with SBA, and CDC is in full and complete compliance with all Control
Agreements.
4. CDC is diligently monitoring its LLRF to ensure that it contains sufficient funds to cover its Exposure for its
entire portfolio of PCLP Debentures, and if, at any time, LLRF does not contain sufficient funds, CDC will,
within 30 days of the earlier of the date it becomes aware of this deficiency or the date it receives
notification from SBA of this deficiency, make additional contributions to the LLRF to make up this
difference.
5. If CDC is using the Declining Balance Methodology for any debenture, the debenture satisfies all SBA
Loan Program Requirements for using the Declining Balance Methodology, and CDC has not received
notice from SBA that it is not permitted to use the Declining Balance Methodology with respect to such
debenture.
6. With respect to any debenture that has been purchased, CDC has, within 30 days of purchase, restored the
balance maintained in the LLRF for the debenture that was purchased to one percent of the original
principal amount of the debenture.
7. For debentures that have not been purchased, if SBA has notified the CDC in writing that it is not permitted
to use the Declining Balance Methodology, CDC has restored the balance maintained in the LLRF to one
percent of the principal amount of the debenture as of the date of SBA notification.
WARNING: The undersigned certifies that all information provided by the CDC, and that all information in
this report, including exhibits whether submitted contemporaneously with this application or at a later date, is
true and complete to the best of his or her knowledge.. The undersigned acknowledges that whoever makes any
false statement or report, or willfully overvalues any land property or security for the purpose of influencing in
any way the action of the SBA under the Small Business Investment Act, an amended, may be punished by a
fine of not more than $1,000,000 or by imprisonment for up to 30 years, or both, pursuant to 18 U.S.C. 1014.
The undersigned further acknowledges that, in connection with a 504 loan, submission of any false statement to
SBA or submission of any record to SBA omitting material information can result in civil money penalties and
additional monetary liability up to three times the amount of damages which the Government sustains because
of the false statement under the False Claims Act, 31 U.S.C. 3729.
CDC Chief Executive Officer Signature: _______________________________________
Print Name: ________________________________ Date: ___________________________________
PLEASE NOTE: According to the Paperwork Reduction Act, you are not required to respond to this
collection of information unless it displays a currently valid OMB Control Number. The estimated burden for
completing this form, including time for reviewing instructions, gathering data needed, and completing and
reviewing the form is 30 minutes per response. Comments or questions on the burden estimates should be sent
to U.S. Small Business Administration, Director, Records Management Division, 409 3rd St., SW, Washington,
DC 20416 and/or SBA Desk Officer, Office of Management and Budget, New Executive Office Building,
Washington, DC 20503. PLEASE DO NOT SEND FORMS TO THESE ADDRESSES.
SBA Form 2233 (05-2020) Previous Editions Obsolete

Page 2 of 2