Get Application For Techdollars Loan

Navigating the Application For TechDollars Loan can seem challenging, but with this guide, you will have a clear roadmap to successfully complete your application. This document provides essential instructions tailored to your needs for filling out the application online.

Follow the steps to complete your application effectively.

1. Click 'Get Form' button to obtain the form and open it in your online editing tool.
2. Begin by entering the loan amount you are requesting in the 'Amount Requested' field, along with the 'Term of Loan' you desire.
3. In the 'Borrower' section, fill in the borrower's name, contact person's information, street address, city, state, zip code, mailing address (if different), and contact details including telephone, fax, email, and website address.
4. Provide the organization name or project title, the name of the president or executive director, and the type of business. Indicate whether your organization currently exports and specify the year the business was established, including the state of incorporation.
5. Describe the principal services provided by the organization and the clients served. You can also indicate how you heard about MassDevelopment.
6. In the financial information section, list all bank relationships and details of existing loans, including the contact information for bank officers and whether you consent to being contacted.
7. Proceed to the project details section, where you will need to describe the equipment being purchased, including make, model, cost, and expected purchase date. Attach any additional pages, invoices, or purchase orders as necessary.
8. Complete the employment section, entering the total current full-time equivalent employees and providing realistic expectations for new hires over the next three years.
9. If applicable, detail any potential layoffs or transfers resulting from the loan.
10. Use the 'Supplemental Information' section for any additional comments or answers to previous questions that require more space.
11. In the certification section, read through the required agreements and check the applicable responses to the yes/no questions while providing explanations where necessary.
12. Once the form is completed, ensure to sign it and date it, then prepare your attachments, including company history, financial statements, and other relevant documents.
13. Finally, download and save the form, and keep a copy for your records. You may also print or share the completed application via email or other online methods.

To complete your application for the TechDollars Loan, start filling in the required information online today.