Get Sba Form 1149 2018-2025

Filling out the SBA Form 1149, which serves as a lender's transcript of account, is essential for documenting loan details accurately. This guide provides clear, step-by-step instructions to help users navigate the process of completing the form online with confidence.

Follow the steps to successfully complete SBA Form 1149.

1. Click ‘Get Form’ button to access the SBA Form 1149 and open it in your document management tool.
2. In the first section, enter the trade name of the borrower or their actual name if no trade name is used in the 'Name of Borrower' field.
3. Input the ten-digit SBA loan number in the 'Loan Number' section to ensure accurate identification of the loan.
4. Complete the 'Name of Lender' field with the name of the lending institution managing the loan.
5. Indicate the interest day basis used for calculation, such as 30/365 or actual/365, in the designated field.
6. Detail the repayment terms as provided in the loan Note, including maturity date and payment schedules.
7. Record dates of each transaction pertaining to the loan account in the 'Date' column.
8. Enter the amount disbursed for each loan installment in the 'Amount Disbursed' section.
9. For repayments made by the borrower, fill in the amounts in the 'Amount Repaid' field.
10. Mark deferments appropriately in the 'Deferment' column by indicating the start with 'B' and the end with 'E', along with corresponding dates.
11. Document how payments were applied to principal and interest under the 'Application of Payment' section.
12. Include the interest rate as applicable during each rental payment in the 'Interest Rate' field.
13. Provide the 'Interest Paid' dates to reflect the period during which the interest was calculated.
14. After all sections are filled, certify the document with the signature of an official from the lending institution and include their title.
15. Specify the certification date at the end of the form.
16. Finally, submit the original or a scanned version to the designated SBA servicing center and retain a copy for your records.

Complete your SBA Form 1149 online today to ensure accurate documentation of your loan.