Get Application Form - Commonwealth Development Authority

This guide provides comprehensive instructions on completing the Application Form for the Commonwealth Development Authority online. Following these steps will help ensure accurate and efficient submission of your application.

Follow the steps to successfully complete your application form.

1. Click ‘Get Form’ button to obtain the Application Form - Commonwealth Development Authority and open it.
2. Enter the date of application in the designated field. Provide the loan type by marking the relevant box for commercial, supplemental, marine guaranty, agriculture, or other options.
3. Indicate the total loan amount requested and fill in the complete name (last, given, middle) of the applicant.
4. Provide the full address, city, state, and zip code of the applicant, along with a daytime telephone number.
5. In the business information section, enter the name of the business, the date it was established, type of business, taxpayer identification number, and the number of employees at the time of application submission as well as if the loan is approved.
6. List the principal stockholders or owners, including their names, offices held, percentage of ownership, and social security numbers.
7. In the specific use of loan proceeds section, provide a detailed breakdown of how the loan funds will be used. Enter the amount for each purpose and ensure the total loan amount requested matches your previously indicated amount.
8. Complete the schedule of collateral by listing all real estate and personal property that will serve as security. Attach copies of ownership documents and legal descriptions where necessary.
9. Furnish information regarding any existing debts in the indebtedness section, detailing all installment contracts, notes, and mortgages payable.
10. Fill out the management section with information about management personnel, including names, social security numbers, and positions.
11. If applicable, complete the sections related to commercial fishing or agriculture loans, answering all questions regarding experience, ownership, and business plans.
12. Review the agreement and certifications, checking that all statements are true and complete. Ensure that the appropriate signatures are provided as per the requirements outlined in the agreement.
13. Once all sections are completed, review your application for accuracy. You can then save changes, download, print, or share the form as needed for submission.

Complete your Application Form online today to ensure timely processing of your request.