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SBA Form 1919 (Borrower Information Form) SBA Form 413 (Personal Finance Statement) Current profit and loss statement, along with schedules from the prior three fiscal years. One year of projected financial statements and a detailed explanation of how your business will meet these projections.
How to apply for a business loan in 7 steps Prepare documentation. ... Review your credit score. ... Gather financial documents. ... Create a business plan. ... Consider your collateral. ... Consider which loan to apply for. ... Assemble and submit your application.
Here's the 10-step process for how to fill out SBA Form 1919: Fill In Your Business Identifying Information for Section 1. Answer Questions in Section 1 (Questions 1 ? 16) Review Section 1: Sign and Date. Fill In Your Business Identifying Information for Section 2. Answer Questions in Section 2 (Questions 17 ? 26)
Loan Application Form Personal details and contact information. Employment status and history. Current income and outgoings (especially related to dependents, child support, alimony, etc.) Recent tax returns. Liabilities, debts, and existing loans.
The SBA Checklist Borrower Information Form. Personal Background and Financial Statement. Business Financial Statements. Business Certificate/License. Loan Application History. Income Tax Returns. Resumes. Business Overview and History.