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How to fill out the SBA 413 online
The SBA 413 form, or Personal Financial Statement, is crucial for anyone seeking a small business loan through the U.S. Small Business Administration. This guide provides a clear, step-by-step walkthrough on how to accurately complete the form online to ensure you present your financial information correctly.
Follow the steps to fill out the SBA 413 form efficiently.
- Click ‘Get Form’ button to obtain the SBA 413 form and open it in the editor.
- Begin by entering your personal information in the designated fields. This includes your name, business phone number, residence address, and residence phone number. Ensure that all details are accurate and up-to-date.
- Next, complete the section labeled 'assets'. You will need to provide detailed information regarding your assets, such as cash in banks, accounts receivable, retirement accounts, and any stocks or bonds. Specify the values clearly.
- Proceed to fill the 'liabilities' section, listing all financial obligations, including notes payable, installment accounts, and other liabilities. Make sure to include details such as the remaining balance and monthly payment amounts.
- In the section detailing 'notes payable to banks and others', it is important to identify each creditor, the original balance, current balance, payment amount, and how each note is secured or endorsed. Attach additional documentation if necessary.
- Complete sections regarding stocks and bonds, as well as real estate owned. Provide a breakdown of each asset type, including their current market values. You may need to use attachments for a detailed report.
- Detail any unpaid taxes, other liabilities, and life insurance held, providing information such as type of tax, amount, and specific details concerning any policies.
- Finally, review your entries for accuracy and completeness. Ensure you authorize the SBA or lender to verify the information provided. Then, you can save changes, download, print, or share the completed form as required.
Complete your SBA 413 form online today to streamline your loan application process.
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Filling out an SBA financial statement requires you to list your assets, liabilities, and income sources in a clear manner. Begin with your liquid assets, followed by property and investments, then move on to your debts. For guidance and templates that ensure accuracy, you can utilize resources available at USLegalForms, making your completion of the SBA financial statement easier.
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