SBA LOAN APPLICATION

Transcription

1 SBA LOAN APPLICATION This checklist will aid you in gathering the necessary information for the initial evaluation of your loan request. In order to process your application, we will need complete information. ( indicates a form is enclosed in this package) FORMS INCLUDED IN THIS PACKAGE Application for Business Loan Estimated Project Costs (Use of Loan Proceeds) Business History and Credit References Business Debt Schedule Profit and Loss Projection Completed and signed IRS form 4506 (Verification of Business Federal Income Tax Returns) One set for each principal owning 20% or greater interest in subject company Personal Financial Statement (All individuals owning 20% or more of the business; if married, both husband and wife must sign and date) Management Resume(s) (All individuals owning 20% or more of the business) Annual Family Budget Consent by Business Principal to Obtain Consumer Credit Report Completed and signed SBA Form 912 (Statement of Personal History). Each member of the small business concern must submit this form. See right top of Form 912 for requirements. ITEMS NOT INCLUDED IN THIS PACKAGE THAT YOU WILL NEED TO PROVIDE Federal Business Tax Returns (for the most recent 3 years) Interim Business Financial Statement (Balance Sheet & Income Statement, to be no more than 60 days old at the time of submission) Federal Individual Income Tax Returns (for the most recent 3 years) For purchase of existing business, seller s Federal Business Income Tax Returns for 3 years and most current interim Business Financial Statement (Balance Sheet & Income Statement) For debt refinance, copy of notes to be paid off Other: Please attach assumptions to Profit/Loss Projections INFORMATION: Federal law under the USA Patriot Act requires us to obtain sufficient information to verify your identity, You may be asked several questions and to provide one or more forms of identification to fulfill this requirement. In some instances we may use outside sources to confirm this information. The information you provide is protected by our PRIVACY POLICY AND FEDERAL LAW. PEBLNS-18 SBA 7A Loan Application Rev of 14

2 APPLICANT COMPANY Legal Business Name: DBA Name (if applicable): Primary Contact: Phone: Cell: Fax: Mailing Address Street City State Zip Physical Address (if different) Type of Entity: Corporation ( S-Corp, C-Corp, LLC) Sole Proprietorship General Partnership Limited Partnership Number of Employees Existing: After this funding: Affiliated Companies? Date Established: Date Incorporated: State of Incorporation: Employer Tax I.D.: OWNERSHIP OF APPLICANT COMPANY -List below all owners, partners, and stockholders with 20% or more ownership interest. Name: Title: Home % of Ownership: Social Security #: DOB: Home Phone: Cell Phone: Applicants must provide a clear copy of either: a driver s license, passport, military I.D., or Alien registration. Please indicate below the form of I.D. that you are attaching to this application. Date of Issue Form of I.D. Place of Issuance Expiration Date Name: Title: Home % of Ownership: Social Security #: DOB: Home Phone: Cell Phone: Applicants must provide a clear copy of either: a driver s license, passport, military I.D., or Alien registration. Please indicate below the form of I.D. that you are attaching to this application. Date of Issue Form of I.D. Place of Issuance Expiration Date Name: Title: Home % of Ownership: Social Security #: DOB: Home Phone: Cell Phone: Applicants must provide a clear copy of either: a driver s license, passport, military I.D., or Alien registration. Please indicate below the form of I.D. that you are attaching to this application. Date of Issue Form of I.D. Place of Issuance Expiration Date Name: Title: Home % of Ownership: Social Security #: DOB: Home Phone: Cell Phone: Applicants must provide a clear copy of either: a driver s license, passport, military I.D., or Alien registration. Please indicate below the form of I.D. that you are attaching to this application. Date of Issue Form of I.D. Place of Issuance Expiration Date (If there are additional owners, please attach on separate sheet) PEBLNS-18 SBA 7A Loan Application Rev of 14

3 BANK REFERENCE (Business or Personal) SUPPLIER REFERENCE Bank Name: Company Name: Contact: Contact: Phone #: Phone #: MAJOR CREDITORS (FINANCE COMPANY VENDORS ETC.) Name: Name: Phone #: Phone #: Contact: Contact: Type of Credit: Est: Type of Credit: Est: Current Balance: Monthly Pmt.: Current Balance: Monthly Pmt.: BACKGROUND AND HISTORY OF PRINCIPALS AND COMPANY: NATURE OF BUSINESS, TYPES OF PRODUCTS & SERVICE: MAJOR CUSTOMERS: PRIMARY COMPETITORS: HOW WILL THIS LOAN BENEFIT YOUR COMPANY? PEBLNS-18 SBA 7A Loan Application Rev of 14

4 CURRENT AND PREVIOUS SBA AND OTHER GOVERNMENT DEBT Complete the chart below if you, your business, any principal of your business, any affiliate of your business, any other business currently owned by a principal, or any business previously owned by you or a principal of your business has received or applied for any direct or guaranteed financial assistance from the Federal Government, including student loans and disaster loans. All current, previous, and pending Government debt must be listed, including loans that have been paid in full or those that resulted in a loss to the Government. (Note: Loans that resulted in a loss to the Government include loans that were charged off, compromised, or discharged as a result of bankruptcy. The amount of the loss is the outstanding principal balance of the loan that the Government had to write off after all collection activities (including compromise) were finalized.) Name of Agency Agency Loan # # # # Borrower s Name Original Amount of Loan Date of Application Loan Status Outstanding Balance $ $ $ $ $ $ $ $ $ Amount of Loss to the Gov t INFORMATION: Federal law under the USA Patriot Act requires us to obtain sufficient information to verify your identity, You may be asked several questions and to provide one or more forms of identification to fulfill this requirement. In some instances we may use outside sources to confirm this information. The information you provide is protected by our PRIVACY POLICY AND FEDERAL LAW. Signature: Principal/Borrower: Business Name: Date: ESTIMATED PROJECT COSTS ( Uses of Proceeds ) Land Acquisition/New Building Construction: $ Land And Building Acquisition: $ Building Improvements/Repairs: $ Acquisition of Machinery/Equipment: $ Acquisition of Furniture/Fixtures: $ Inventory Purchase: $ Working Capital (including accounts payable): $ Acquisition of an existing business: $ Debt Refinance: ( ) $ Franchise Fee(s): ( ) $ Estimated Closing Costs and Other Fees: ( ) $ TOTAL ESTIMATED PROJECT AMOUNT: $ LESS DOWN PAYMENT FROM BORROWER: (subtract) $ TOTAL LOAN REQUESTED FOR PROJECT: $ NOTES/COMMENTS ON ESTIMATED PROJECT COSTS: PEBLNS-18 SBA 7A Loan Application Rev of 14

5 PERSONAL FINANCIAL STATEMENT For the purpose of procuring and establishing credit from time to time with you, each of the undersigned furnish the following as a true and accurate statement of the financial condition of the undersigned AS OF (DATE). If married, you may apply for credit with or without your spouse s signature. Your community property will be responsible for the obligation whether or not your spouse signs unless you apply for separate credit. Both Husband and Wife should initial if applicable: WE INTEND TO APPLY FOR JOINT CREDIT. (INITIALS) ASSETS Cash Accounts Receivable Notes Receivable-Current Marketable Securities (Provide detail in the Schedule of Stocks and Bonds.) LIABILITES Accounts and Bills Payable Short Term Notes Payable - Banks Short Term Notes Payable - Other Credit and other charge cards payable Due to Relatives and/or Friends Other Current Assets (describe*) TOTAL CURRENT ASSETS $ Taxes payable Automobile(s):yr., make, model Stocks & Bonds Not Listed on Exchanges, Partnerships & LLCs (describe*) Real Estate (Provide detail in the Schedule of Real Estate) Due from Relatives and/or Friends Year: Make: Model: Other Current Liabilities (describe*) TOTAL CURRENT LIABILITIES $ Mortgages or Other Liens on Real Estate (Provide detail in the Schedule of Real Estate) Notes Secured by Personal Property (show current portion in other current liabilities) Other Non-current Liabilities (describe*) Notes Receivable-Long Term TOTAL LIABILITIES $ Other Assets (describe*) TOTAL NET WORTH $ TOTAL ASSETS $ TOTAL LIABILITIES & NET WORTH $ DISCLOSURES: Are any of the above listed assets or liabilities held in Joint Tenancy, Tenancy in Common, or in a Trust? Yes No If yes, please provide details: Married persons: Please identify any separate property assets and liabilities: PERSONAL INFORMATION Date of Birth: Do you have a will? Yes No Have you established a trust? Yes No Married Unmarried Separated Spouse s name, if married: Date of Birth Have you ever failed in business or compromised debts with your creditors? Yes No Have you ever filed bankruptcy? Yes No Are any of your assets pledged, or in any other manner unavailable for paying debts? Yes No Are you contingently liable (for example as a co-signor or guarantor) for any debts of another person or entity? Yes No Are there any lawsuits, judgments, etc. against you? Yes No Are you delinquent on any of your obligations? Yes No *DESCRIPTIONS & EXPLANATION(S): Please describe specified assets and liabilities and/or explain any Yes answer(s) above: Please attach additional sheets as necessary. Citizenship: U.S. Other If other, provide nationality and explain residency status: CDL or other govt. issued ID#: or Passport#: Expires: Expires: PEBLNS-18 SBA 7A Loan Application Rev of 14

6 PERSONAL FINANCIAL STATEMENT CONTINUED ANNUAL INCOME AND EXPENSE FOR PERIOD FROM: TO: Annual Income Annual Expenses Salary $ Interest $ Rentals Taxes & Assessments Dividends Interest Income Other Income (You do not need to include income from alimony and child support unless you want the Bank to consider it for the purpose of this application for credit.) Explain below. Upkeep on Real Estate Payments on Mortgages & Notes Rent Personal Living Expenses Other Expenses Total Income: $ Total Expenses $ SCHEDULE OF STOCKS AND BONDS No. of Shares Description Issued in the Name of Exchange Market Value Total: $ $ Are you aware of any restrictions on the transfer or sale of the above securities? Yes No If yes, provide details: Please provide additional sheet(s) as necessary SCHEDULE OF REAL ESTATE Address Title Vested in Name of Description Date Purchased Purchase Price Market Value Unpaid Balance Monthly Payment Total $ Please provide additional sheet(s) as necessary EMPLOYMENT Employer s Name Job Title/Description of Duties Employer s Employer s Phone #: Employed Since PERSONAL REFERENCES (please provide two, non-relatives) Name Address Phone # Relationship Representations and Warranties: This financial statement is provided to Pacific Enterprise Bank ( Bank ) for its review of my/our creditworthiness, and Bank can rely on its contents. I/We hereby warrant to Bank that this financial statement is complete and correct as of the date prepared and fairly represents my/our financial condition and that I/We will promptly inform Bank of any material changes in the information provided, including transfer of any assets into a trust. I/We authorize Bank, and other companies, financial institutions and networks which Bank may engage to provide my/our loan, to make whatever inquiries about me/us Bank deems necessary and appropriate for the purpose of evaluating my/our credit and reverifying my/our credit from time to time, including obtaining credit bureau reports and contacting my/our employer(s). I/We also authorize Bank to provide credit information about its credit experience with me/us to other creditors and credit reporting agencies. SIGNATURES Spouse s signature required only if you and your spouse are or will be jointly obligated on credit extended by Pacific Enterprise Bank. Signature: X: SS#: Spouse s Signature: X: Spouse SS#: Date Signed: Home phone#: Date Signed: Home phone#: Work phone#: Cell phone#: EXPLANATION(s) (cont d): Please provide details and/or explain any Yes answer(s) above: Work phone#: Cell phone#: PEBLNS-18 SBA 7A Loan Application Rev of 14

7 MANAGEMENT RESUME Please fill-in all spaces. If an item is not applicable, please indicate as such. You may include additional relevant information on a separate exhibit. SIGN/DATE where indicated. PERSONAL INFORMATION Name: Social Security #: Date of Birth: Place of Birth: Residence Telephone: Business Telephone: Residence From: To: Previous From: To: Spouse s Name: Spouse Social Security #: Are you employed by the U.S. Government? Yes No Agency/Position: Are you a U.S. citizen? Yes No If no, give alien registration number: EDUCATION College or Technical Training Name Location Dates Attended Major Degree/Certificate From: From: From: To: To: To: MILITARY SERVICE BACKGROUND Branch of Service: Dates of Service: From: To: WORK EXPERIENCE: LIST CHRONOLOGICALLY WITH PRESENT EMPLOYMENT. Company Name: From: To: Title/Position: Duties: Company Name: From: To: Title/Position: Duties: Company Name: From: To: Title/Position: Duties: Signature: Principal/Borrower: Business Name: Date: PEBLNS-18 SBA 7A Loan Application Rev of 14

8 ANNUAL FAMILY BUDGET (LIVING EXPENSE NEED/DRAW) Income Expenses Officer s Salary/Owner s Draw $ Spouse Salary $ Rental Income $ Other: $ Other: $ TOTAL ANNUAL INCOME $ Mortgage Payment (all owned properties) $ Property Taxes (all owned properties) $ Other Term Debts $ Installment Accounts (credit cards) $ Auto Loan $ Auto Expenses (gas, maintenance, etc.) $ INSURANCE Medical $ Dental $ Life $ Auto $ Food $ Clothing $ Utilities (telephone, gas, electric, water, trash) $ Income Tax (Federal & State) $ Other: $ Miscellaneous: $ TOTAL ANNUAL EXPENSES $ DISPOSABLE INCOME $ CONSENT BY BUSINESS PRINCIPAL TO OBTAIN CONSUMER CREDIT REPORT In connection with an application for credit by ( Company ) to Pacific Enterprise Bank ( Bank ) and any subsequent financial products or services Bank may offer Company, I consent to Bank obtaining one or more consumer credit reports on me from time to time. Bank may also investigate my background, income, credit or credit worthiness, assets or other matters as it reasonably deems necessary or appropriate. I/We further authorize Pacific Enterprise Bank to release such information to any entity they deem necessary for any purpose related to our credit transaction with them. I/We hereby certify that the above information is valid and correct to the best of my knowledge. Signature: Print Name: Signature: Print Name: Date: Social Security Number: Date: Social Security Number: PEBLNS-18 SBA 7A Loan Application Rev of 14

9 Pacific Enterprise Bank OMB No If the tax transcript is being mailed to a third party, ensure that you have filled in lines 6 through 9 before signing. Sign and date the form once you have filled in these lines. Completing these steps helps to protect your privacy. Once the IRS discloses your tax transcript to the third party listed on line 5, the IRS has no control over what the third party does with the information. If you would like to limit the third party's authority to disclose your transcript information, you can specify this limitation in your written agreement with the third party If you need a copy of Form W-2 or Form 1099, you should first contact the payer. To get a copy of the Form W-2 or Form 1099 filed with your return, you must use Form 4506 and request a copy of your return, which includes all attachments. For transcripts being sent to a third party, this form must be received within 120 days of the signature date. PEBLNS-18 SBA 7A Loan Application Rev of 14

10 United States of America SMALL BUSINESS ADMINISTRATION STATEMENT OF PERSONAL HISTORY Name and Address of Applicant (Firm Name)(Street, City, State, and ZIP Code) Please Read Carefully: SBA uses Form 912 as one part of its assessment of program eligibility. Please reference SBA Regulations and Standard Operating Procedures if you have any questions about who must submit this form and where to submit it. For further information, please call SBA's Answer Desk at U-ASK-SBA ( ), or check SBA's website at DO NOT SEND COMPLETED FORMS TO OMB as this will delay the processing of your application; send forms to the address provided by your lender or SBA representative. SBA District/Disaster Area Office OMB APPROVAL Pacific Enterprise NO Bank Skypark Circle Expiration Suite 100, Date: Irvine, 04/30/2016 CA Amount Applied for (when applicable) File No. (if known) 1. Personal Statement of: (State name in full, if no middle name, state (NMN), or if initial only, indicate initial.) List all former names used, and dates each name was used. Use separate sheet if necessary. 2. Give the percentage of ownership or stock owned or to be owned in the small business or the development company Social Security No. First Middle Last 3. Date of Birth (Month, day, and year) 4. Place of Birth: (City & State or Foreign Country) Name and Address of participating lender or surety co. (when applicable and known) 5. U.S. Citizen? YES NO INITIALS: If No, are you a Lawful YES NO Permanent resident alien: If non- U.S. citizen provide alien registration number: 6. Present residence address: From: To: Home Telephone No. (Include Area Code): Business Telephone No. (Include Area Code): Most recent prior address (omit if over 10 years ago): From: To: PLEASE SEE REVERSE SIDE FOR EXPLANATION REGARDING DISCLOSURE OF INFORMATION AND THE USES OF SUCH INFORMATION. YOU MUST INITIAL YOUR RESPONSES TO QUESTIONS 5,7,8 AND 9. IF YOU ANSWER "YES" TO 7, 8, OR 9, FURNISH DETAILS ON A SEPARATE SHEET. INCLUDE DATES, LOCATION, FINES, SENTENCES, WHETHER MISDEMEANOR OR FELONY, DATES OF PAROLE/PROBATION, UNPAID FINES OR PENALTIES, NAME(S) UNDER WHICH CHARGED, AND ANY OTHER PERTINENT INFORMATION. AN ARREST OR CONVICTION RECORD WILL NOT NECESSARILY DISQUALIFY YOU; HOWEVER, AN UNTRUTHFUL ANSWER WILL CAUSE YOUR APPLICATION TO BE DENIED AND SUBJECT YOU TO OTHER PENALTIES AS NOTED BELOW. 7. Are you presently subject to an indictment, criminal information, arraignment, or other means by which formal criminal charges are brought in any jurisdiction? Yes No INITIALS: 8. Have you been arrested in the past six months for any criminal offense? Yes No INITIALS: 9. For any criminal offense other than a minor vehicle violation have you ever: 1) been convicted; 2) plead guilty; 3) plead nolo contendere; 4) been placed on pretrial diversion; or 5) been placed on any form of parole or probation (including probation before judgment). Yes No INITIALS: 10. I authorize the Small Business Administration Office of Inspector General to request criminal record information about me from criminal justice agencies for the purpose of determining my eligibility for programs authorized by the Small Business Act, and the Small Business Investment Act. CAUTION - PENALTIES FOR FALSE STATEMENTS: Knowingly making a false statement on this form is a violation of Federal law and could result in criminal prosecution, significant civil penalties, and a denial of your loan, surety bond, or other program participation. A false statement is punishable under 18 USC 1001 and 3571 by imprisonment of not more than five years and/or a fine of up to $250,000; under 15 USC 645 by imprisonment of not more than two years and/or a fine of not more than $5,000; and, if submitted to a Federally insured institution, under 18 USC 1014 by imprisonment of not more than thirty years and/or a fine of not more than $1,000,000. Signature Title Date Agency Use Only 12. Cleared for Processing Date Approving Authority 11. Fingerprints Waived Date Approving Authority 13. Request a Character Evaluation Fingerprints Required Date Approving Authority Date Approving Authority Date Sent to OIG (Required whenever 7, 8 or 9 are answered "yes" even if cleared for processing.) PLEASE NOTE: The estimated burden for completing this form is 15 minutes per response. You are not required to respond to any collection of information unless it displays a currently valid OMB approval number. Comments on the burden should be sent to U.S. Small Business Administration, Chief, AIB, 409 3rd St., S.W.,Washington D.C and Desk Officer for the Small Business Administration, Office of Management and Budget, New Executive Office Building, Room 10202, Washington, D.C OMB Approval DO NOT SEND COMPLETED FORMS TO OMB as this will delay the processing of your application; send forms to the address provided by your lender or SBA representative. PEBLNS-18 SBA 7A Loan Application Rev of 14 SBA 912 (2-2013) SOP Previous Edition Obsolete

11 NOTICES REQUIRED BY LAW Pacific Enterprise Bank The following is a brief summary of the laws applicable to this solicitation of information. Paperwork Reduction Act (44 U.S.C. Chapter 35) SBA is collecting the information on this form to make a character and credit eligibility decision to fund or deny you a loan or other form of assistance. The information is required in order for SBA to have sufficient information to determine whether to provide you with the requested assistance. The information collected may be checked against criminal history indices of the Federal Bureau of Investigation. Privacy Act (5 U.S.C. 552a) Any person can request to see or get copies of any personal information that SBA has in his or her file, when that file is retrieved by individual identifiers, such as name or social security numbers. Requests for information about another party may be denied unless SBA has the written permission of the individual to release the information to the requestor or unless the information is subject to disclosure under the Freedom of Information Act. Under the provisions of the Privacy Act, you are not required to provide your social security number. Failure to provide your social security number may not affect any right, benefit or privilege to which you are entitled. Disclosures of name and other personal identifiers are, however, required for a benefit, as SBA requires an individual seeking assistance from SBA to provide it with sufficient information for it to make a character determination. In determining whether an individual is of good character, SBA considers the person's integrity, candor, and disposition toward criminal actions. In making loans pursuant to section 7(a)(6) the Small Business Act (the Act), 15 USC 636 (a)(6), SBA is required to have reasonable assurance that the loan is of sound value and will be repaid or that it is in the best interest of the Government to grant the assistance requested. Additionally, SBA is specifically authorized to verify your criminal history, or lack thereof, pursuant to section 7(a)(1)(B), 15 USC 636(a)(1)(B). Further, for all forms of assistance, SBA is authorized to make all investigations necessary to ensure that a person has not engaged in acts that violate or will violate the Act or the Small Business Investment Act,15 USC 634(b)(11) and 687b(a). For these purposes, you are asked to voluntarily provide your social security number to assist SBA in making a character determination and to distinguish you from other individuals with the same or similar name or other personal identifier. When the information collected on this form indicates a violation or potential violation of law, whether civil, criminal, or administrative in nature, SBA may refer it to the appropriate agency, whether Federal, State, local, or foreign, charged with responsibility for or otherwise involved in investigation, prosecution, enforcement or prevention of such violations. See 74 Fed. Reg (2009) for other published routine uses. PEBLNS-18 SBA 7A Loan Application Rev of 14

12 BUSINESS DEBT SCHEDULE Company Name Date Indebtedness. Furnish the following information on all installment debts, contracts, notes, and mortgages payable. Indicate with an asterisk (*) items to be paid by loan proceeds and reason for paying same. Do not include accounts payable or accrued liabilities. ACCOUNT NUMBER AND TO WHOM PAYABLE ORIGINAL AMOUNT ORIGINAL DATE BALANCE DUE INTEREST RATE MAUTRITY DATE MONTHLY PAYMENT SECURITY (How were proceeds used) STATUS Signature: Print Name: Date: PEBLNS-18 SBA 7A Loan Application Rev of 14

13 PROJECTED OPERATING STATEMENT Year Name of Business MONTH TOTAL Sales: Cash Credit Total Sales Cost of Sales Gross Profit Officer Salary(s) Wages Rent- Property Rent- Equipment Auto/ Truck Expense Office Supplies Advertising Telephone & Utilities Bad Debts Taxes/ Licenses Depreciation Repairs/ Maintenance Accounting/ Legal Interest SBA Interest- Other Insurance (all) Office Expenses Royalties Miscellaneous Other Total Expenses Net Profit Please provide an explanation of the assumptions used to forecast the next 12 months of projections. For existing businesses, provide a detailed explanation of any differences to historical income, COGS, expenses and withdrawals. PEBLNS-18 SBA 7A Loan Application Rev of 14

14 IMPORTANT DISCLOSURE INFORMATION USA Patriot Act IMPORTANT ACCOUNT OPENING INFORMATION: Federal law under the USA Patriot Act requires us to obtain sufficient information to verify your identity. You may be asked several questions and to provide one or more forms of identification to fulfill this requirement. In some instances we may use outside sources to confirm the information. The information you provide is protected by our PRIVACY POLICY AND FEDERAL LAW EQUAL CREDIT OPPORTUNITY ACT (ECOA) NOTICE The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, martial status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this credit is: Federal Reserve Consumer Help Center, P.O. Box 1200, Minneapolis, MN 55480, toll-free number: (888) , fax number: (877) , TDD number: (877) NOTICE OF THE RIGHT TO REQUEST SPECIFIC REASONS FOR CREDIT DENIAL You have the right to a written statement of reasons we were unable to approve your application. You have 60 days from the date of our notification to you of adverse action to make a written request for a statement of the reasons. If you would like a statement of specific reasons why your application was denied, please contact Russell J. Smith, our Chief Credit Officer at the address provided. We will provide you with the statement of reasons within 30 days after receiving your request. If you have any questions regarding this notice, you should contact us at Pacific Enterprise Bank, Skypark Circle, Suite 100, Irvine, CA Attn: Russell J. Smith, Chief Credit Officer, Phone: (949) NOTICE TO APPLICANT OF RIGHT TO RECEIVE COPY OF APPRAISAL for Loans Secured by a First-Lien on Residential Real Property: We may order an appraisal to determine the property s value and charge you for this appraisal. We will promptly give you a copy of any appraisal, even if your loan does not close. You can pay for an additional appraisal for your own use at your own cost. CALIFORNIA NOTICE TO APPLICANT OF RIGHT TO RECEIVE COPY OF APPRAISAL for Loans Secured by a Subordinate Lien on Residential Real Property: You have the right under Section of the California Business and Professional Code to a copy of the appraisal we obtained in support of your application for credit, provided that you have paid for the appraisal. If you would like a copy, please write to us at Pacific Enterprise Bank, Skypark Circle, Suite 100, Irvine, CA Attn: Russell J. Smith, Chief Credit Officer. We must hear from you no later than 90 days after we notify you about the action taken on your credit application or send you a notice of incomplete application. If you withdraw your application, you must make your written request for a copy of the appraisal within 90 days of the withdrawal. If you request a copy of your appraisal, and you have paid for the cost of the appraisal, we will send you a copy to the address shown on your loan application. CALIFORNIA NOTICE TO APPLICANT OF RIGHT TO RECEIVE COPY OF APPRAISAL for Non Residential Real Property: You have a right under Section of the California Business and Professions Code to a copy of the appraisal report obtained by this bank in support of your application for credit, provided that you have paid for the appraisal and the cost of duplicating the appraisal. In order to obtain a copy of your appraisal, write to us at Pacific Enterprise Bank, Skypark Circle, Suite 100, Irvine, CA Attn: Russell J. Smith, Chief Credit Officer. We must hear from you no later than 90 days after we notify you about the action taken on your credit application, including notice of an incomplete application. If you withdraw your application, you must make your request for an appraisal report within 90 days of the withdrawal. If you request a copy of your appraisal report, and you have paid for the costs of the appraisal, we will send you a copy at the address shown on your loan application. You are only entitled to receive a copy of the appraisal report for purposes of evaluating your pending request for an extension of credit with this bank. HOME MORTGAGE DISCLOSURE ACT NOTICE: The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at Pacific Enterprise Bank, Skypark Circle, Suite 100, Irvine CA regarding the locations where HMDA data may be inspected. To receive a copy of this data send a written request to this same address Attn: Russell J. Smith, Chief Credit Officer. Pacific Enterprise Bank, Skypark Circle, Suite 100, Irvine, CA PEBLNS-18 SBA 7A Loan Application Rev of 14