Relocation of Business Requirement Letter
Summary
Requirements letter from the U.S. Small Business Administration's COVID EIDL Servicing Center listing what is needed for SBA to consider a request to relocate a business that has a COVID EIDL loan. It states that the letter is not a commitment by the SBA and that approval may be conditioned on curing defaults or correcting collateral deficiencies. The requirements are a letter detailing the relocation request, the signed borrower authorization form, a Certificate of Good Standing, the address where the business proposes to operate and proof of insurance. The letter notes that the borrower is responsible for any costs of filing a new or amended UCC-1 financing statement.
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Full text
U.S. SMALL BUSINESS ADMINISTRATION
COVID EDIL SERVICING CENTER
COVID EIDL RELOCATION OF BUSINESS
REQUEST REQUIREMENTS
ATTENTION:
This letter is not a commitment by the SBA. Any commitment made by the SBA will be provided separately in writing.
Approval of any request may be conditioned on curing defaults and correcting any collateral deficiencies or issues with
loan documents.
For the U.S. Small Business Administration (SBA) to consider a Relocation request, the below documentation
must be provided
GENERAL REQUIREMENTS:
1. A detailed letter from the borrower(s) or guarantor(s) (if any) detailing the request to relocate the Business.
2. Completed, signed and dated Consent to Verify Information and 3rd Party Authorization (Borrower
Authorization) for all SBA borrower(s) and/or guarantor(s) (if any). (hyperlink to fillable PDF)
3. Certificate of Good Standing for the Business.
4. Address where the Business proposes to operate.
5. Proof of Insurance as required by the SBA Loan Authorization and Agreement.
Note: The Borrower is responsible for the costs associated, if any, with filing a new or amended UCC-1 financing
statement.
Please submit the above required information to the US Small Business Administration at the Covid EIDL Servicing
Center as shown below. Complete information packages may be emailed to Covideidlservicing@SBA.gov .
Covid EIDL Servicing Center
E-mail: Covideidlservicing@SBA.gov
Box.com: Box.com - Upload files to Covid EIDL Servicing Center
Toll Free Phone: (833) 853-5638
Fax: (202) 481-5799
File and source
- File
- 2025-05_Relocation-of-Business-4.2025-V1_1.pdf
- Size
- 225,650 bytes
- SHA-256
- 465c56d334a23e62d202d39c26fdb75dfcb7becd555dc7bf8c84cb2f609627b4
- Original
- www.sba.gov