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SBA Form 1010Individual OMB Approval No. 32450331 Expiration Date: xx/xx/xxxxINDIVIDUAL INFORMATION Owners and Other Individuals: This form must be completed by: 8(a) Applicant(s): The applicants.

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How to fill out the Form 1010 Individual online

The Form 1010 Individual is essential for individuals participating in the SBA 8(a) program, particularly for submitting claims of social and economic disadvantage. This guide provides clear and supportive instructions to help you effectively complete the form online.

Follow the steps to fill out the Form 1010 Individual online

  1. Press the ‘Get Form’ button to access the form and launch it in your editor.
  2. Begin by providing your personal information in the designated fields, including your name, gender, marital status, and home address.
  3. Specify the name of the applicant firm and include any trade or doing business as (d.b.a.) names.
  4. Indicate your position within the business, including options such as director, partner, officer, or owner and the percentage of ownership if applicable.
  5. Respond to the questions outlined in Section A. If you answer ‘Yes’ to any question, prepare a detailed explanation along with any required supporting documents.
  6. Complete Section B only if you are an 8(a) applicant. Answer the questions thoroughly and attach any additional required documents.
  7. If applicable, proceed to Section C to provide a social disadvantage narrative with details as specified.
  8. Review your entries for accuracy and completeness before finalizing your form.
  9. Once you have verified all information, you can save changes, download a copy, print, or share the filled form as needed.

Complete your Form 1010 Individual online today for seamless submission.

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The 7(a) Loan Program, SBA's primary business loan program, provides loan guaranties to lenders that allow them to provide financial help for small businesses with special requirements. 7(a) loans can be used for: Acquiring, refinancing, or improving real estate and buildings. Short- and long-term working capital.

SBA Form 912 is used by the Small Business Administration (SBA) to assess your character and creditworthiness. It is one part of the assessment of program eligibility for SBA loans. Completing this form helps the SBA make a character and credit eligibility decision to fund or deny a loan.

What are the benefits of an SBA loan? SBA loans typically come with lower interest rates and longer repayment timelines than traditional loans. These loans are also government-backed and provide more support than other types of loans, including counseling and education.

SBA Express It features the easiest SBA application process and accelerated approval times, plus it offers longer terms and lower down payment requirements than conventional loans.

The U.S. Small Business Administration (SBA) helps Americans start, grow, and build resilient businesses.

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