Meet the Business Team

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SBA Checklist

The following information is usually required during the loan process:

• Personal & Business Federal Tax Returns – last 3 years with all supporting schedules (Required on all guarantors and/or all individuals who own 20% or more of the business)
• If an existing business – Year-to-Date Balance sheet and Profit & Loss statement are required. (Must be dated within 90 days of application).
• 2-Year Projection of earnings – (required if less than 3 years of historical statements are available)
• If any owner/borrower has a controlling interest in another business, 3 years of financial   information must be submitted on each affiliate entity.
• A/R and A/P Aging Reports – at Banks discretion depending on use of proceeds and collateral offered
• For Franchise purchase include Uniform Franchise Offering Circular (UFOC)
• Purchase Agreement (applies only to acquisitions or real estate purchases)
• Complete SBA Application & Forms
  • SBA FORM 413
  • SBA FORM 1919
  • SBA FORM 4506C

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