SBA form 1506

Servicing Agent Agreement

This form is used to certify the use of 504 loan proceeds, appoint a servicing agent, and impose fees. To be executed by the borrower, CDC, and CSA.

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The servicing agent agreement is executed by the borrower, certified development company and the loan servicing agent. The agreement is primarily used to certify the use of loan proceeds, appoint a servicing agent and acknowledge the imposition of various fees.

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File size: 301KB
OMB Control Number: 3245-0193
Related Programs: Related programs: CDC/504
Last updated April 5, 2023