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What do I need to apply for an SBA Loan?
What do I need to apply for an SBA Loan?
Updated over a month ago

To apply for an SBA loan, you will typically need the following documentation:

  • Personal Background Information: Resumes, educational background, work experience, and relevant skills.

  • Business Financial Documents: Profit and Loss Statement, Balance Sheet, Cash Flow Statement.

  • Personal Financial Documents: Personal Financial Statement, Credit Report and Score, Personal Tax Returns.

  • Business Legal Documents: Business Licenses and Permits, Articles of Incorporation/Formation, Contracts and Leases, Business Tax Returns, Legal Agreements.

  • Collateral and Use of Funds: Collateral Information, Use of Funds Statement.

  • Any Additional Documentation

Preparing and organizing these documents is crucial for a successful SBA loan application.

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