SBA NOTE definition

SBA NOTE. The note or other evidence of indebtedness evidencing the indebtedness of an Obligor under an SBA Loan.
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SBA NOTE means a promissory note executed by a Loan Obligor to evidence an SBA 7(a) Loan.
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SBA NOTE the promissory note evidencing an SBA Loan.
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More Definitions of SBA NOTE

SBA NOTE means that certain promissory note for One Million Dollars ($1,000,000.00) executed by Gold Ranch R.V. Resort, LLC in favor of Community Bank of Nevada on March 22, 2001, SBA Loan #4008294004, with interest thereon at prime plus 1%, amortized over 25 years and 6 months and attached hereto as Exhibit 3 and that certain promissory note for One Million Three Hundred Thousand Dollars ($1,300,000.00) executed by Gold Ranch R.V. Resort, LLC in favor of Community Bank of Nevada on March 22, 2001, due and payable 6 months from the date of its execution, and its extension pursuant to the terms of that note to be amortized for another 25 years with interest thereon at prime plus 1% and attached hereto as Exhibit 3.
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SBA NOTE means the U.S. Small Business Administration Note dated October 2, 2000 in principal amount of $875,000 issued by S▇▇▇▇▇▇ & Sons, Inc. and A▇▇▇▇▇ ▇▇▇▇▇▇▇ to First Trust Bank of Illinois.
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Related to SBA NOTE

  • RMB Note means a Note denominated in Renminbi.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • New Note shall have the meaning assigned to such term in Section 38.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.