SBA Form 2418 ILP Program Report

U.S. SMALL BUSINESS ADMINISTRATION

OMB Control No. 3245-0376

INTERMEDIARY LENDING PILOT PROGRAM (ILP)

Exp. Date: XX/XX/2023

ILP Program Activities Report

YEAR____________

Quarterly Report as of:

Name of Insured Depository Institution:

Location of Institution:

SBA Loan Number:

ILP Relending Fund Bank Account #:

ATTACH:

3 MONTHS BANK STATEMENTS FOR THE ILP RELENDING FUND ACCOUNT

(Lines 1 thru 15)

ILP RELENDING FUND ACCOUNT

DOLLAR AMOUNT

REMARKS

1

BALANCE FROM PREVIOUS QUARTER

2

SBA Disbursement

3

Principal repayment from borrowers

4

Interest paid by borrowers

5

Recoveries from past Charge offs

6

Interest Earned on ILP Relending Fund Deposit Acct.

7

Income from other sources

8

TOTAL INCREASE (Lines 2+3+4+5+6+7)

$0.00

9

Less: Disbursements to ILP Program Borrowers

10

Less: Repayment to SBA

11

Less: Other disbursements

Program Administration

12

TOTAL DECREASE (Lines 9+10+11)

$0.00

13

NET INCREASE (Lines 8 minus 12)

$0.00

14

BALANCE,END OF QUARTER ( Lines 1+13)

$0.00

Name of Insured Depository Institution:

Location of Institution:

ILP Loan Loss Reserve Bank Account #:

ATTACH:

3 MONTHS BANK STATEMENTS FOR THE ILP LOAN LOSS RESERVE ACCOUNT

LOAN LOSS RESERVE

DOLLAR AMOUNT

REMARKS

15

Total Outstanding ILP Portfolio

16

Loan loss reserves dedicated to ILP

17

Minimum Reserve Req: 5% of Total Outstanding Portfolio

$0.00

18

Variance in Loan Loss Reserves (Lines 16 minus 17)*

$0.00

* Note: If line 18 shows a shortage, please explain in Comments how this shortage will be corrected by the beginning of the next quarter.

Comments:

Name of Intermediary Lender:

Street Address:

City:

Reported By:

Signature:

Date:

Print Name and Title:

SBA Form 2418 (09/20)

Use of Information: SBA regulations at 13 CFR 109.360 require ILP intermediaries to submit this Program Activities Report on the account activities in the ILP Relending Fund and the ILP Loan Loss Reserve Account. SBA will use the information to monitor the disbursement of ILP loan proceeds, evaluate program effectiveness, and assess the intermediary’s financial strength. SBA may also include some of the information, in an aggregated form only, in Agency reports regarding the ILP Program. Failure to provide the information may impact your continued participation in the ILP Program requirements.

Submission Instructions: The ILP Program Activities Report is to be submitted electronically through the Intermediary Lending Program’s Electronic Reporting System (ILPERS). Intermediaries must access ILPERS using an account established through the General Login System (GLS) at https://eweb.sba.gov/gls/dsp_login.cfm. To access GLS, Intermediaries must provide certain identifying and contact information (including: name, date of birth, taxpayer’s identification number, address and telephone number) for the person accessing the system. When submitting this ILP Program Activities Report, Intermediaries should attach scanned or electronic copies of applicable bank statements. This Report must be submitted by the 30th calendar day following the end of each calendar quarter.

NOTE: According to the Paperwork Reduction Act, you are not required to respond to 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 1 hour per response. Comments or questions on the burden estimate should be sent to U.S. Small Business Administration, Chief, Administrative Information Branch, Washington, DC 20416. PLEASE DO NOT SEND FORMS TO THIS ADDRESS.

SBA Form 2418 (08/2017)