SBA Form 1050 Settlement Sheet (Use of Proceeds Certification)

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SBA Form 1050 Settlement Sheet (Use of Proceeds Certification)

What Is SBA Form 1050?

This is a legal form that was released by the U.S. Small Business Administration on February 1, 2015 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 1050 Settlement Sheet?A: SBA Form 1050 Settlement Sheet is a document used to certify the use of proceeds from an SBA loan.

Q: What is the purpose of SBA Form 1050 Settlement Sheet?A: The purpose of SBA Form 1050 Settlement Sheet is to ensure that the loan proceeds are used for the intended purposes as specified in the loan agreement.

Q: Who needs to complete SBA Form 1050 Settlement Sheet?A: The borrower or the authorized representative of the borrower needs to complete SBA Form 1050 Settlement Sheet.

Q: What information is required in SBA Form 1050 Settlement Sheet?A: SBA Form 1050 Settlement Sheet requires information about the loan, including the loan number, disbursement date, and details of the use of proceeds.

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Form Details:

  • Released on February 1, 2015;
  • 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 1050 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.

Download SBA Form 1050 Settlement Sheet (Use of Proceeds Certification)

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  • SBA Form 1050 Settlement Sheet (Use of Proceeds Certification), Page 1
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