3. If any suit or claim is filed against Surety upon said bond s Surety must inform SBA of the same within 30 days of receipt of notice. This guaranty shall become effective upon the execution as defined in such regulations of the SBA-guaranteed bond by the Surety. II. CONTRACT INFORMATION Complete for each bid and final bond guarantee. Project Type Construction Service Supply Other Liquidated Damages Project Description Project s NAICS Code Weekdays Calendar Days Project Location of Employees before this project was awarded Existing jobs retained due to this project same job cannot be reported as new New jobs due to project same job cannot be reported as retained-above Name and Address of Obligee prime subcontractor on this project Percentage of work subcontracted by Applicant Obligee Type Federal State Local Private Special District SBA Form 990A Previous Editions Obsolete 2012 Applicant certifies that a A bid payment or performance bond is required by the bid solicitation or the ori....
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How to fill out the SBA 990A online
Filling out the SBA 990A can be a straightforward process when you follow the correct steps. This guide will help you navigate through each section of the form to ensure a complete and accurate application for surety bond guarantee assistance.
Follow the steps to successfully complete your SBA 990A application online.
- Press the ‘Get Form’ button to access the SBA 990A form and open it in your online editor.
- Complete the business information section. Enter your business or trade name, tax ID number or Social Security Number, address (including city and zip code), phone number, fax number, and email. Also, specify the types of trades you perform and provide your primary NAICS code and DUNS number.
- In part A, continue filling out your business's details by entering the date your business started, type of organization, average annual receipts for the last three years, and the number of employees.
- List the largest three contracts you completed in the last five years. Fill in the awarding party's name, the kind of work done, project location (city/state), contract price, year completed, and final gross profit for each contract.
- Complete the management/ownership section by providing details about the proprietor, partners, and other key individuals in the business. Include their names, positions, addresses, and ownership percentages, along with optional demographic information.
- Answer questions about your business's status regarding the SBA 8(a) Business Development Program, HUB Zone certification, any previous contract defaults, and current indemnity agreements.
- In part B, provide information related to your project, including the project type, liquidated damages, project description, location, NAICS code for the project, and the number of new or retained jobs.
- Ensure the applicant's contract and surety certification sections are fully completed. Verify all the information is accurate and complete before submitting the form.
- After reviewing your entries, save your changes, and choose to download, print, or share the completed form as needed.
Complete your SBA 990A application online to secure your surety bond guarantee with confidence.
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