REMINDER: SBA’s Office of Investment and Innovation has revised the semi-monthly draw application schedule for the 2019 holiday season with the first revised deadline occurring on Tuesday, November 19, 2019. 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:
Draw Application Cycle |
Application Filing Deadline |
Approval Notice Issue Date |
Second Cycle in November |
Tuesday, 11/19/2019 |
Tuesday, 11/26/2019 |
First Cycle in December |
Wednesday, 12/4/2019 |
Wednesday, 12/11/2019 |
Second Cycle in December |
Wednesday, 12/11/2019 |
Wednesday, 12/18/2019 |
First Cycle in January |
Wednesday, 1/8/2020 |
Wednesday, 1/15/2020 |
Second Cycle in January |
Wednesday, 1/22/2020 |
Wednesday, 1/29/2020 |
The normal monthly funding schedule will resume in February 2020 with February 5, 2020 as the deadline for the first cycle in February.