SBA Form 1050 · 2 pages
Settlement Sheet
Documents the disbursement of loan proceeds at closing, reconciling the approved use of proceeds to actual payees and amounts.
Who signs
The lender and the borrower at each disbursement.
SBA Form 1919 · Borrower Information 8/8 fields
Applicant legal namePrecision CNC Machining Inc.
EIN38-•••4471
NAICS332710
Owner 1Daniel Okafor · 60%
Owner 2Lena Marsh · 40%
EPC / OCOC; EPC Precision Holdings LLC
Prior SBA financingNo
AffiliatesPrecision Holdings LLC
Form version current · expires 2027Ready for e-signature
Section by section
- 1
Disbursement detail
Each payee, purpose and amount, matched to the use of proceeds approved on Form 1920. Equity injection must be documented as received before or at first disbursement.
- 2
Certifications
Borrower certifies proceeds were used as approved; lender certifies the disbursement complies with the authorization.
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