13 CFR § 108.1220 - Requirement for NMVC Company to file financial statements at the time of request for a draw.

---
identifier: "/us/cfr/t13/s108.1220"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 108.1220 - Requirement for NMVC Company to file financial statements at the time of request for a draw."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "108.1220"
section_name: "Requirement for NMVC Company to file financial statements at the time of request for a draw."
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "108"
part_name: "NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 689-689q."
regulatory_source: "66 FR 28609, May 23, 2001, unless otherwise noted."
cfr_part: "108"
---


# 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.