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Get Sba Form 413 Printable

OMB APPROVAL NO. 3245-0188 EXPIRATION DATE: 09/30/2014 PERSONAL FINANCIAL STATEMENT As of U.S. SMALL BUSINESS ADMINISTRATION , Complete this form for: (I) each proprietor; (2) general partner; (3).

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How to fill out the Sba Form 413 Printable online

Filling out the Sba Form 413 Printable is a crucial step for individuals applying for loans through the U.S. Small Business Administration. This guide provides you with a clear and simple method to complete the form accurately and efficiently.

Follow the steps to successfully complete your Sba Form 413 Printable online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin by entering your personal information at the top of the form, which includes your name, business name, business phone number, residence address, and residence phone number. Ensure that this information is accurate and current.
  3. Proceed to the 'Assets' section. List all your assets in the designated fields, including cash on hand, savings accounts, stocks, bonds, and real estate. If any assets require further description, make sure to fill out the corresponding sections.
  4. Next, move to the 'Liabilities' section. Here, you will document all outstanding debts and financial obligations, including loans and unpaid taxes. Carefully input all information, as this will contribute to assessing your net worth.
  5. In the 'Source of Income' section, provide details on all forms of income. Specify salaries, investment income, real estate income, and any other relevant income sources. If needed, describe any additional sources in Section 1.
  6. Complete the additional sections that require detailed descriptions, such as notes payable, stocks and bonds, real estate owned, unpaid taxes, and other liabilities. Attach any necessary documents for clarity.
  7. Review the entire form for accuracy and completeness. Double-check your figures and information to avoid unnecessary delays in processing.
  8. At the end of the form, ensure that you sign and date it, certifying that the information provided is true and complete to the best of your knowledge. Ensure your social security number is included as required.
  9. Finally, save any changes made to the form. You can then download, print, or share it as needed for submission.

Complete your Sba Form 413 Printable online for a streamlined application process.

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How to fill out SBA Form 413 Step 1: Gather financial documents. ... Step 2: Select your loan or contracting program. ... Step 3: Fill in personal and business information. ... Step 4: Add your assets and calculate their total value. ... Step 5: Add your liabilities and calculate their total value.

Examples include paying bills, rent, mortgage, paying for a round of drinks with friends, shopping, filling our cars, buying presents, and making donations to charity. Our credit card and tax payments also come under the term spending. We either spend with money we have or money we borrow, i.e., credit.

The three core financial statements are 1) the income statement, 2) the balance sheet, and 3) the cash flow statement.

Steps to Preparing a Simple Balance Sheet: Add the value of all assets. List total under assets. Add the total obligations owed. List total under liabilities. Subtract the liabilities from the total assets to determine net worth. List the amount under personal equity.

To create a personal financial statement, follow these simple steps: Create a spreadsheet that has a section for assets and one for liabilities. ... List your assets and their worth. ... List every liability as well as its worth. ... Determine the total of both assets and liabilities. ... Determine your net worth.

Any real estate you own plays into your overall net worth. Form 413 provides space to describe up to three properties, including the type of real estate, original cost, present market value, mortgage holder information and other details, such as if you are up to date on your payments or you've paid a mortgage in full.

SBA uses the information required by this Form 413 as one of a number of data sources in analyzing the repayment ability and creditworthiness of an applicant for an SBA loan or, with respect to a surety bond, to assist in recovery in the event that the contractor defaults on the contract.

A personal financial statement is a spreadsheet that details the assets and liabilities of an individual, couple, or business at a specific point in time. Typically, the spreadsheet consists of two columns, with assets listed on the left and liabilities on the right.

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