Get Suggested Format Schedule Of Liabilities - Sba.gov

Filling out the Suggested Format Schedule of Liabilities is an important step in providing accurate financial information to the Small Business Administration. This guide will walk you through the process step-by-step to ensure you complete the form accurately and effectively.

Follow the steps to fill out the form correctly

1. Press the ‘Get Form’ button to acquire the form and open it in your editor.
2. Begin by entering the applicant's name at the designated section to identify who the form pertains to.
3. Fill in the date of the schedule to indicate when the information is recorded.
4. For each liability, enter the name of the creditor in the appropriate field. Make sure to list all relevant creditors.
5. Input the original amount of the liability as it was initially agreed upon.
6. Provide the original date of the liability to show when the obligation was incurred.
7. Enter the current balance to indicate the amount still owed at the time of filling out the form.
8. Indicate whether the liability is currently active or delinquent by selecting the appropriate option.
9. Specify the maturity date of the liability to indicate when it is due for full payment.
10. State the payment amount and the frequency (month and year) for how the liability is to be repaid.
11. Note how the liability is secured by describing the collateral or guarantee if applicable.
12. Once all fields are complete, provide your signature to authenticate the information.
13. Include your title to indicate your position or relationship to the applicant.
14. Finally, review the completed form for accuracy before saving changes, downloading, printing, or sharing the document as needed.

Start filling out the Suggested Format Schedule of Liabilities online today to ensure your application is complete.