This meeting minutes template will allow you to complete the board resolution documentation necessary to obtain SBA loan forgiveness. The template can be used for documenting your corporation’s agreement in accepting an SBA loan. It may be used for SBA Form 160 requested resolution of the board of directors.

Board Resolution for Authorizing the Acceptance of a Small Business Administration (SBA) Loan

MINUTES OF Meeting for

a ,

All the directors and officers of held a meeting on at.

The following individual(s) were present at the meeting representing a Quorum and/or all of the directors and officers of .

Participating Individuals

On this day, ALL directors and officers accepted the SBA loan.

The Board authorizes the following person to sign the SBA loan closing documents.

, Member.

The SBA loan amount is $

The SBA loan application number is


Signature of Director or Officer who is executing these Minutes .