Get Application For Techdollars Loan

Filling out the Application For TechDollars Loan is a crucial step for nonprofit organizations seeking financial assistance. This guide provides a systematic approach to completing the application online, ensuring that all necessary information is accurately submitted.

Follow the steps to fill out the application successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Begin by entering the loan amount you are requesting in the 'Amount Requested' field. Specify the term of the loan as well.
3. In the 'Borrower' section, fill out the name of the borrower, designate a contact person, and provide their title, street address, city, state, and zip code. If the mailing address differs from the street address, ensure that is also filled in.
4. Provide the telephone number, fax, email, and website address for the organization. Include the organization name or project title, president or executive director's name, and specify the type of business.
5. Indicate whether your organization currently exports by selecting 'Yes' or 'No.' Also, state the year the business was established or incorporated and the state of incorporation.
6. Describe the organization’s principal services and the clients it serves in the designated field.
7. In the financial information section, list all bank relationships and details of existing bank loans, including the names of bank officers. Indicate whether MassDevelopment may contact these banks.
8. Fill out the project details by describing the equipment being purchased, including the make, model, cost, and expected purchase date.
9. Provide employment information, including the current number of employees at the site and in the state, and the number of new employees expected to be hired due to the project.
10. Complete the certification section by signing the application. This confirms agreement to the representations and certifications outlined.
11. Attach any required documents, including a brief company history, financial statements, financial projections, and equipment descriptions.
12. Review the completed application to ensure all information is accurate. Once confirmed, save changes, download, or print the form as needed.

Start completing your Application For TechDollars Loan online today.