Sba Form 1244 - U.s. Small Business Administration Application For Section 504 Loans Page 12

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CDC Agreements and Certifications

The CDC agrees that if SBA approves this application, it will not for at least two years after the disbursement of the debenture hire an

employee or consult anyone who was employed by the SBA during the one-year period prior to the disbursement of the debenture.

The CDC certifies that it does not own any stock or equity in the SBC and no officer, director, or person within a controlling group of the

CDC is an officer, director or holder of any direct or indirect pecuniary interest in the SBC.

The CDC authorizes disclosure of all information submitted in connection with this application to the financial institution agreeing to

participate with the SBA's guaranteed debenture or loan.

The CDC certifies that it will comply with 13 C.F.R. Sections 112, 113, and 117 which prohibit discrimination on the grounds of race,

color, sex, religion, marital status, handicap, age or national origin by recipients of Federal financing assistance; and will require

appropriate reports and access to books and records. These requirements are also applicable to anyone who buys or takes control of the

business. He/she realizes that if he/she does not comply with these nondiscrimination requirements, SBA can call, terminate, or accelerate

repayment on his/her loan.

As consideration for any Management and Technical Assistance that may be provided, the CDC waives all claims against SBA and its

consultants.

The CDC certifies that it has not paid anyone connected with the Federal government for help in getting this financial assistance. It also

agrees to report to the SBA Office of Inspector General, 409 3

Str., SW, Washington, D.C. 20416 any Federal government employee

who offers in return for any type of compensation to help get this application approved.

The CDC understands that it need not pay anyone to deal with SBA. He/she has read SBA Form 159 which explains SBA policy on

representatives and fees.

The CDC states, to the best of its knowledge and belief, that if any funds have been paid or will be paid to any person for influencing or

attempting to influence any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress

in connection with this commitment providing for the United States to insure or guarantee a loan, it shall complete and submit Standard

Form-LLL, "Disclosure of Lobbying Activities," in accordance with 13 CFR Part 146. CDC acknowledges that submission of this

disclosure is a prerequisite for making or entering into this transaction imposed by 31 U.S.C. 1352 and that any person who fails to file or

amend a declaration required to be filed or amended shall be subject to a civil penalty in the amounts set forth in 13 CFR § 146.400.

The CDC in consideration for assistance from SBA hereby agrees that it will comply with all Federal laws and regulations enforced to the

extent that they are applicable to such assistance, including conditions set forth in this application.

The undersigned certifies that all information in this application and the exhibits is true and complete to the best of his/her knowledge and

is submitted to SBA so that the CDC and SBA can decide whether to approve this application.

The CDC acknowledges that submission of false information to SBA, or the withholding of material information from SBA, can result in

criminal prosecution under 18 U.S.C. 1001 and other provisions, liability for treble damages under the False Claims Act, 31 U.S.C. 3729-

3733, debarment and suspension, lender enforcement remedies under 13 C.F.R. Part 120, and other consequences.

The CDC certifies that the credit analysis has been reviewed and approved by the CDC Board of Directors.

Name of Development Company:

By:

Title:

Date:

Attested By:

PLEASE NOTE: The estimated burden for completing this form and exhibits is 2.25 hours per application for ASM submissions and 2.45 for non-ASM

submissions. You are not required to respond to any collection of information unless it displays a currently valid OMB approval number. Comments or

questions on the burden estimate should be sent to U.S. Small Business Administration, Chief, AIB, 409 3rd St., S.W., Washington D.C. 20416 and/or SBA

Desk Officer, Office of Management and Budget, New Executive Office Building, Room 10202, Washington, D.C. 20503.

PLEASE DO NOT SEND FORMS TO THESE ADDRESSES.

SBA Form 1244 (09-16) Previous editions obsolete

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