The seller of a Loan Pool or Guaranteed Interest Certificate must disclose the information on the Form 1088 to the buyer prior to the trade date of a Loan Pool or Guaranteed Interest Certificate.
Fiscal Transfer Agent: the seller must submit a properly completed copy of this form to the Fiscal Transfer Agent (FTA).
Processing: the FTA will not process transfers unless this form is submitted with other required transfer documents.
Presenting: it is the responsibility of the assignee to present the certificate for transfer.
Signature guarantees: they can take the form of a Medallion Signature Guarantee (STAMP) or a Corporate Seal.
| Question | Answer |
|---|---|
| Form Name | SBA Form 1088 |
| Form Length | 6 pages |
| Fillable? | Yes |
| Fillable fields | 47 |
| Avg. time to fill out | 8 min |
| Edition | 08-25 |
| Other names | SBA Form 1088, SBA 1088, Form 1088, 1088 form, Form of Detached Assignment, SBA loan pool certificate assignment |
| Official source | SBA Form 1088 (08-25) |
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