Get Vt Small Business Loan Program Application 2016-2025

Filling out the VT Small Business Loan Program Application online is an essential step for obtaining financial support for your business. This guide provides a clear and concise overview of the application process, helping you navigate each section effectively.

Follow the steps to complete your application accurately.

1. Press the ‘Get Form’ button to acquire the application form and open it for completion.
2. In the 'Business Information' section, provide details such as the Borrower Name, Business Name, Business Address, Year Established, and Contact Information. Include your NAICS code, business form of organization, and the DUNS number if applicable.
3. In the 'Ownership/Principals' section, list the names and positions of all owners along with their home addresses, contact numbers, and email addresses. Ensure to attach resumes for all key personnel.
4. In the 'Loan Information' section, specify the amount requested and provide a detailed description of how the loan proceeds will be used. Include itemizations in the provided table and attach necessary documents like purchase agreements.
5. Provide information on 'Additional Sources of Funding for Project,' listing lender names alongside amounts, interest rates, and any collateral involved.
6. Detail 'Collateral Information,' including descriptions, values, sources of valuation, and any existing liens.
7. Fill in the 'Schedule of Existing Business Liabilities' if applicable, which includes lender information, original loan amounts, current balances, and payment statuses.
8. Prepare to present a complete 'Business Plan' and financial information. This includes CPA prepared statements and projections for the next two years.
9. Complete the 'Employment/Benefits Information' section, detailing current and projected employee wages and benefits.
10. Answer the general questions and attach all required documents as listed in the 'Attachments' section.
11. Finally, review your application thoroughly for accuracy. Once satisfied, save your changes, download, print, or share the completed form as necessary.

Begin your application process for the VT Small Business Loan Program online today!