Get Sba 2484 2020

The SBA 2484 form is a critical document used in the Paycheck Protection Program to collect essential information for loan guaranty requests. This guide provides a clear, step-by-step approach to filling out the form online, ensuring that users have the support they need to complete it accurately.

Follow the steps to successfully complete the SBA 2484 online

1. Press the ‘Get Form’ button to access the SBA 2484. This action allows you to download the form and open it for editing.
2. Fill in the lender information section. Include the lender's name, location ID, address, city, contact person, phone number, email address, and title.
3. In the applicant information section, select the appropriate legal structure for the applicant by checking one of the options provided, such as sole proprietor or partnership. Then, enter the applicant's legal name, doing business as (DBA) name, business tax ID, and address.
4. Complete the loan structure information. Input the amount requested, guarantee percentage (which is typically 100%), loan term in months (standard is 24), and deferred payment period.
5. For the loan amount information, calculate the average monthly payroll multiplied by 2.5. If applicable, include refinancing amounts for any eligible economic injury disaster loan.
6. Answer the general eligibility questions honestly. Certify that the applicant meets the requirements related to operation date and necessity for the loan.
7. Confirm the applicant certification of eligibility by checking the appropriate box, ensuring all statements are true.
8. If relevant, complete the franchise/license/jobber information by indicating whether the applicant is listed in the SBA's Franchise Directory.
9. Provide the character determination details, attesting that the applicant or any major owner has not faced specific legal issues.
10. Fill out the prior loss and delinquent federal debt section, ensuring that the applicant is not currently suspended from any federal program.
11. Confirm that all employees included in the payroll calculation reside in the United States.
12. Indicate whether a third party is assisting with the application preparation, as this may affect fee structures.
13. Finally, complete the lender certification section, ensuring the authorized lender official includes their name, title, and adds their signature.
14. After finishing, you can save your changes as a digital file, download a copy of the completed form, print it for your records, or share it with necessary parties.

Begin filling out your SBA 2484 form online today for a streamlined loan process.