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How to fill out the SBA 413 online
The SBA 413 form, formally known as the Personal Financial Statement, is essential for individuals engaging with the U.S. Small Business Administration for loan applications or guarantees. This guide provides a step-by-step approach to help users fill out the form accurately and efficiently online.
Follow the steps to complete your SBA 413 form online
- Click the ‘Get Form’ button to access the SBA 413 form and load it in your online workspace.
- Begin by entering your personal information, including your name, business phone, residence address, and the business name of the applicant or borrower.
- In the Assets section, list your cash on hand and in banks, savings accounts, IRAs, and other financial assets. Omit cents when entering amounts.
- In the Liabilities section, detail any accounts payable, loans, mortgages, and unpaid taxes. Be sure to describe each liability fully in the designated sections.
- Complete Section 1, detailing your sources of income, including salary and any other income streams. Provide a description for any additional income.
- For contingent liabilities, accurately report any obligations such as endorsing or co-signing loans.
- When filling Sections 2 to 8, ensure to list all necessary details, such as stocks and bonds, real estate owned, and life insurance information.
- Once all sections are filled, review the information for correctness and make any necessary adjustments.
- Finally, save your progress. You may then download, print, or share the completed form as needed.
Complete your SBA 413 form online today to streamline your loan application process.
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SBA disaster relief loans are generally not forgivable. These loans must be repaid, usually over a fixed period with interest. However, specific provisions and governmental changes may provide additional aid during extraordinary circumstances. To stay informed about the terms and options related to SBA disaster relief loans, consider exploring resources available on platforms like US Legal Forms.
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