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SBA
504 LOAN PROCESS
If
interested in SBA 504 financing, the business will need
the following information to begin the application process:
 Completed
application (View/Print
Form);
History and description of the business and project;
Cost summaries, including any vendor or contractor estimates and
 purchase contracts,
for the project;
For existing businesses, 2 years historical financial statements
and tax returns
and a current (not less than 90 days old) financial
statement. For
new businesses, 2 years of projected financial
statements and
cash flow projections supported by assumptions
used in their preparation;
Detailed schedule of existing long-term debt;
Current personal financial statements and last 2 years personal
income tax returns
for all officers and owners with a 20% or more
ownership interest
in the Company;
A schedule of affiliated
companies (through common ownership or
management control)
with 2 years historical financial statements
and a current(not
less than 90 days old) financial statement for each
affiliate;
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