SBA Form 2402 Form of Detached Assignment for U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP)

SBA Form 2402 Form of Detached Assignment for U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP)

What Is SBA Form 2402?

This is a legal form that was released by the U.S. Small Business Administration on September 1, 2017 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 2402?
A: Form 2402 is the Form of Detached Assignment for U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP).

Q: What is the purpose of Form 2402?
A: The purpose of Form 2402 is to document the assignment of a U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP).

Q: Who uses Form 2402?
A: Form 2402 is used by those involved in the assignment of a U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP).

Q: What is a U.S. Small Business Administration Pool Certificate?
A: A U.S. Small Business Administration Pool Certificate represents a fractional interest in a pool of First Lien Position 504 Loans.

Q: What is a First Lien Position 504 Loan Pool?
A: A First Lien Position 504 Loan Pool is a group of loans made under the Small Business Administration's 504 loan program, which provides financing for fixed assets such as land, buildings, and equipment.

Q: What does FMLP stand for?
A: FMLP stands for First Lien Position 504 Loan Pools.

Q: Are there any fees associated with Form 2402?
A: There may be fees associated with the assignment of a U.S. Small Business Administration Pool Certificate, but these fees are determined by the parties involved and not specified in the form itself.

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Form Details:

  • Released on September 1, 2017;
  • 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 2402 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.

Download SBA Form 2402 Form of Detached Assignment for U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP)

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  • SBA Form 2402 Form of Detached Assignment for U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP)

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