SBA’s Office of Investment and Innovation Semi-Monthly Draw Application Schedule

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SBA’s Office of Investment and Innovation has revised the semi-monthly draw application schedule for the 2020 holiday season with the first revised deadline occurring on Tuesday, November 3, 2020. The deadline for applications to draw down leverage commitments are typically the first and third Wednesday of each month. However, due to the holidays, the new draw schedule will be as follows:

The normal monthly funding schedule will resume in January 2021 with January 6, 2021 as the deadline for the first cycle in January.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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