108.1220—Requirement for NMVC Company to file financial statements at the time of request for a draw.
(a)
If you submit a request for a draw against SBA's Leverage commitment more than 90 days since your submission of an annual Form 468 or a Form 468 (Short Form), you must:
(1)
Give SBA a financial statement on Form 468 (Short Form); and
(2)
File a statement of no material adverse change in your financial condition since your last filing of Form 468.
(b)
You will not be eligible for a draw if you are not in compliance with this section.