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U ve come to us for your loan. For your convenience, all of the forms you ll need are included this booklet. In addition, we've included a full checklist of the items you ll need to provide. We re here to help guide you through each step of the process. If you have any questions, please feel free to reach out directly to your SBA Business Development Officer or Relationship Manager. You can also call 877.370.5108. To learn more about our business banking products and solutions, visit.

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Yes, self-employed workers qualify for SBA loans. The loan amount calculation is different, but most other requirements, spending uses, and forgiveness criteria still apply.

SBA funding is provided by approved lenders, like Truist. The SBA guarantees financing and sets guidelines, reducing risk for lenders and making it easier for businesses to get their applications approved.

Can gig workers get a loan? Yes, gig workers can absolutely get a loan! But personal loans for gig workers can require a bit more paperwork. Since gig workers' income often comes from a variety of sources, the loan qualification process isn't always quite as simple.

If you're self-employed and need financial assistance, you may be able to qualify for a U.S. Small Business Administration (SBA) loan. These loans can provide much-needed funds at competitive interest rates, but you'll need to meet eligibility requirements set forth by the SBA and its network of individual lenders.

If you're self-employed and need financial assistance, you may be able to qualify for a U.S. Small Business Administration (SBA) loan. These loans can provide much-needed funds at competitive interest rates, but you'll need to meet eligibility requirements set forth by the SBA and its network of individual lenders.

Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending, or where the owner is on parole.

In general, eligibility is based on what a business does to receive its income, the character of its ownership, and where the business operates. Normally, businesses must meet SBA size standards, be able to repay, and have a sound business purpose. Even those with bad credit may qualify for startup funding.

Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending, or where the owner is on parole.

SBA 7(a) Eligibility Requirements Your business must have fewer than 500 employees, and less than $7.5 million revenue on average each year for the past three years.

Economic Injury Disaster Loan (EIDL) Requirements Anyone that falls under the following categories is eligible: Independent Contractors. Freelancers. Gig Workers.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232