FAÇADE RENOVATION PROGRAM Business Credit Application



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FAÇADE RENOVATION PROGRAM Business Credit Application Loan Amount Requested: Purpose: Bricks Façade Renovation for property located at: Edmond, OK 73034 Business Summary: Business Legal Name (Applicant): Physical Address: City: County: State: Zip: Mailing Address: City: State: Zip: DBA Name: Date Business Started (mm/yy): Years as Owner: No. of Employees: Federal Tax ID #: Phone: ( ) FAX: ( ) CELL: ( ) Product or Services: Franchised? Yes No Business Type: Wholesaler Manufacturer Professional Practice Service Company Retailer Organization Type: C Corporation Sub S Corporation Partnership Sole Proprietor Other (please describe) Edmond Economic Development Authority, Edmond, OK 73034 Page 1

Average Combined Business Checking and Savings Balance from Last Statement: Annual Sales Revenue in Most Recent Fiscal Year: At what bank do you hold your checking and/or savings accounts? Institution: City, State: Ownership: List all owners of the business (use additional sheet if necessary): 1) Name: SSN: Date of Birth: Home Address: City: State: Zip: Position/Title: Applicant Ownership %: Monthly Housing Payment: PERSONAL FINANCIAL SUMMARY Cash, Saving, CD s Vehicle Loans PERSONAL INCOME SUMMARY From Last Tax Return Marketable Stock & Bonds Retirement Accounts Value of Home Other Real Estate Value Value of Business Total Assets Revolving Credit Other Personal Loans Home Mortgage Other Real Estate Mortgage Other Personal Liabilities Total Liabilities Wages, Salaries, Tips, etc Business Income (Schedule C) Schedule E Income Other Income (Net)* Total (should balance to Adjusted Gross Income Line) *Alimony, child support, separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation. Ownership: List all owners of the business (use additional sheet if necessary): Edmond Economic Development Authority, Edmond, OK 73034 Page 2

2) Name: SSN: Date of Birth: Home Address: City: State: Zip: Position/Title: Applicant Ownership %: Monthly Housing Payment: PERSONAL FINANCIAL SUMMARY Cash, Saving, CD s Vehicle Loans PERSONAL INCOME SUMMARY From Last Tax Return Marketable Stock & Bonds Retirement Accounts Value of Home Other Real Estate Value Value of Business Total Assets Revolving Credit Other Personal Loans Home Mortgage Other Real Estate Mortgage Other Personal Liabilities Total Liabilities Wages, Salaries, Tips, etc Business Income (Schedule C) Schedule E Income Other Income (Net)* Total (should balance to Adjusted Gross Income Line) *Alimony, child support, separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation. Edmond Economic Development Authority, Edmond, OK 73034 Page 3

Financial References: (ALL existing Business Loans/Leases; mark with an * loans to be refinanced) Attach schedule if necessary. Name of Lender Type of Credit Interest Rate Collateral Payment Amount Current Balance Financial Information Requirements: Certificate of Existence from Secretary of State Business Operating Agreement Copy of last 2 years complete, signed business tax returns Copy of last 2 years complete, signed personal tax returns for each owner of the business If last business tax return is more than 6 months old, provide a copy of the most recent business profit & loss A current business financial statement A current personal financial statement for each owner of the business Edmond Economic Development Authority may require additional business and/or personal financial information prior to final loan approval. Edmond Economic Development Authority, Edmond, OK 73034 Page 4

Please answer the following: Yes No Are any applicants or proposed guarantors tax obligations, including payroll and sales tax, past due? Has the applicant or any proposed guarantor ever obtained credit under another name? If yes what name: Has the applicant or any proposed guarantor ever declared bankruptcy or had any judgments, repossessions, garnishments or other legal proceeding filed against them? As an authorized representative of the Applicant, each individual certifies that all the information provided herein and in any supporting documentation with this application is true and correct. The undersigned acknowledge(s) and agree(s) that Citizens Bank of Edmond, its agents, successors and assigns, may check credit and trade references in reviewing this application, and disclose information about its credit experience with the Applicant to third parties. The undersigned further acknowledge(s) and agree(s) that Edmond Economic Development Authority may also inquire as to and obtain credit reports on the above-named Applicant, owner(s), guarantor(s), and other principals. All principals with ownership and/or guarantors must sign below. Signature Date Signature Date All loans are subject to underwriting and credit approval. Edmond Economic Development Authority, Edmond, OK 73034 Page 5