§ 120.643 - Requirements before the FTA issues Individual Certificates.  


Latest version.
  • § 120.643 Requirements before the FTA issues Individual Certificates.

    (a) FTA issuance of initial Certificate. Before the FTA can issue the Individual Certificate for a guaranteed portion of a loan, the original seller must provide the following documents to the FTA:

    (1) An executed SPGA;

    (2) A copy of the note representing the guaranteed loan; and

    (3) Any other documentation which SBA may require.

    (b) Review of documentation. SBA may review or require the FTA to review any documentation before the FTA issues a Certificate.