This is a legal form that was released by the U.S. Small Business Administration and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is SBA Form 1979?
A: SBA Form 1979 is a form used for the liquidation plan of an SBA loan.
Q: What is a liquidation plan?
A: A liquidation plan is a strategy to repay the outstanding balance of a loan when the borrower is unable to fulfill their repayment obligations.
Q: What is the purpose of SBA Form 1979?
A: The purpose of SBA Form 1979 is to outline the details of the liquidation plan for an SBA loan.
Q: What information is required in SBA Form 1979?
A: SBA Form 1979 requires information such as the borrower's financial situation, proposed repayment terms, and details of any collateral being used to secure the loan.
Form Details:
Download a fillable version of SBA Form 1979 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.