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SBA Form 1128 Guaranty Loan Purchased
What Is SBA Form 1128?
This is a legal form that was released by the U.S. Small Business Administration on May 1, 1986 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is SBA Form 1128?
A: SBA Form 1128 is a form used for the guaranty purchase of a loan by the Small Business Administration.
Q: What is a guaranty loan purchase?
A: A guaranty loan purchase refers to a loan that is purchased by the Small Business Administration, where the SBA guarantees a portion of the loan.
Q: Who can use SBA Form 1128?
A: Lenders and financial institutions can use SBA Form 1128 when seeking to sell a loan to the Small Business Administration.
Q: What information is required on SBA Form 1128?
A: SBA Form 1128 requires information about the lender, borrower, loan details, and the guarantee purchase request.
Q: Why is SBA Form 1128 important?
A: SBA Form 1128 is important as it allows lenders to sell their loans to the Small Business Administration, providing them with a guarantee and potentially reducing their risk.
Q: Are there any fees associated with SBA Form 1128?
A: There may be fees associated with the guaranty loan purchase process. These fees are typically paid by the lender.
Form Details:
- Released on May 1, 1986;
- The latest available edition released by the U.S. Small Business Administration;
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of SBA Form 1128 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.
