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___Personal History Form for all 20% owners or majority partners. 
___Signed Application Agreement. 
___Personal Financial Statement within the last 60 days for all 20% owners or majority partners.
___Complete Personal Tax Returns, with Schedules, for the past three years. Provide extension if the Return is not available. Provide for all 20% owners or majority partners.
___Personal Cash Flow Statement for all 20% owners or majority partners.
___Source of Equity Injection. How much and from where does the borrower’s contribution originate.
___Listing of Shareholders/Directors/Corporate Officers.
___Current Financial Statement for all businesses associated with this loan application within the last 60 days. Include all affiliate businesses.
___Year-End Financial Statements for the past three years for all businesses associated with this loan application. Include all affiliate businesses.
___Business Debt Schedule as of current financial statement date.
___Projections, with assumptions, for 12 months following SBA funding. Projections should be prepared on a monthly basis.
___Business Resume.
___Business Accounts Receivable aging as of the current financial statement date.
___Business Accounts Payable aging as of the current financial statement date.
___Indicate how much officer’s or owner’s salaries/draws will be. If no salaries are taken, please indicate how personal living expenses will be met.
___Corporate Documents: By Laws, Articles of Incorporation, Certificate of Incorporation
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___Assumed Name Certificate.
___Tax Returns for the past three years for all businesses associated with this loan application. Include all affiliate businesses. If a Return is not available, please provide a copy of the extension.
___Copy of Buy/Sell Agreement.
___Copy of quotes for equipment to be purchased as well as improvements and construction.
___Copy of all Notes, with Security Agreements, to be refinanced with SBA proceeds
___Copy of the Deed of Trust or current Earnest Money Contract.
___Listing of all assets associated with the business.
___Copy of the Fuel Agreement. (Only when the business is a Service Station/Convenience Store/Gas Station)
___Copy of the Franchise Agreement and FTC Disclosure Statement. (Only when the business is a franchise)
___Please provide a couple of paragraphs on the history of your business.
___Letter from the seller explaining why he/she wants to sell. (Only when purchasing an existing business)
___Lease Agreement with option to renew for term of loan. (Only for leasehold improvements)
___Copy of Certificate of Limited Partnership. (Only for businesses that are organized as Limited Partnerships)
___Copy of Partnership Agreement. (Only for businesses that are organized as Partnerships) |