How To Get A Loan From The Small Business Administration



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Thank you for your interest in applying for a small business loan through the Local Initiatives Support Corporation (LISC). Please complete the following forms so that we may prescreen your loan request. Additional information will be required after an initial review. If you have any questions, please contact Mary Los Klasen, Vice President of Business Lending, at mlos@newmarkets.org or (708) 610-8011. Company Information Business Loan Request Management Resume SBA Personal Financial Statement Business History Company Information Business Name: Phone Number: Nature of Business: Year Business Started: Franchise? City: State: Zip Code: Website Email Individual Information Name: Phone Number: City: State: Zip Code: Email Business Ownership Structure Owner/Principal Name 1. 2. 3. 4. Percentage of Ownership (must total 100%) Position/Title Acting as a guarantor? SBA Eligibility Questions Are you a citizen of the United States? Do you have any affiliated companies? Have you ever been arrested for any criminal offense? Have you or any other principals of your company been involved in any bankruptcy or insolvency proceedings? Are you or any other principals of your company involved in any pending lawsuits? Are any of your personal or business tax obligations past due?

Business Loan Request Use of Loan Proceeds Amount Building/Land Purchase Building Construction Leasehold Improvements Working Capital Inventory Purchase Equipment Purchase Business Acquisition Debt Refinance (please provide copies of notes) Fixed Start-Up Costs Other, please specify: Total Project Cost (A): Borrower s Injection/Down Payment (B): Total Loan Request (A-B): Please describe in greater detail the use of loan proceeds: How will the loan proceeds assist your business? What is the source of the borrower s injection/down payment? I authorize SBA/Lender to make inquiries as necessary to verify the accuracy of the statements made and to determine my creditworthiness. I hereby certify that: (1) as consideration for any Management, Technical, and Business Development Assistance that may be provided, I waive all claims against SBA and its consultants, and (2) all information contained in this document and any attachments is true and correct to the best of my knowledge. Signature: Print Name: Date: Title:

Business History Please describe the nature of the business (e.g., construction, retail, services, etc.): What year was the business established? If applicable, what year did the current owners acquire the business? If an acquired business, why did the previous owner(s) sell the business? Number of Employees: Will the loan allow you to hire additional employees? If yes, how many employees will you add? Please describe the background and history of the business: Please describe your business activity (e.g., types of products made, types of goods sold, types of services provided, etc.): Please list the business primary customers: Please list the business primary competitors and their approximate locations: Please list the business primary vendors/suppliers: How do you market the business? What are some of the challenges your business faces? How do you anticipate overcoming these?

Management Resume Name: Date of Birth: Driver s License Number: Social Security Number: Place of Birth: Education Institution Name and Location Dates Attended Major Degree/Certificate Military Service Are you a veteran? Branch of Service: If so, please provide services dates: Were you discharged honorably? Business Experience (list chronologically, beginning with present employment and working backwards; add pages if necessary) 1. Company Name: Dates: 2. Company Name: Dates: 3. Company Name: Dates: 4. Company Name: Dates: Signature: Date:

PERSONAL FINANCIAL STATEMENT OMB APPROVAL NO. 3245-0188 EXPIRATION DATE: 09/30/2014 U.S. SMALL BUSINESS ADMINISTRATION As of, Complete this form for: (I) each proprietor; (2) general partner; (3) managing member of a limited liability company (LLC); (4) each owner of 20% or more of the equity of the Applicant (including the assets of the owner's spouse and any minor children); and (5) any person providing a guaranty on the loan. Return completed form to: 7(a) loans - to the lender processing the SBA application; 504 loans - to the Certified Development Company processing the SBA application; Disaster loans - to the Disaster Processing and Disbursement Center at 14925 Kingsport Road, Fort Worth, TX 76155-2243; and 8(a)/BD applicants who are individuals claiming social and economic disadvantaged status and their spouses - electronically at http://www.sba.gov or send hard copy with paper application to either of the two following offices: 8(a) BD only Name Mail to the following address, if your firm is located in one of the states below: US Small Business Administration DPCE Central Office Duty Station Parkview Towers 1150 First Avenue 10th Floor, Suite 100I King of Prussia, PA 19406 MA, ME, NH, CT, VT, RI, NY, PR (Puerto Rico), VI (US Virgin Islands), NJ, PA, MD, VA, WV, DC, DE, GA, AL,NC, SC, MS, FL, KY, TN Mail to the following address, if your firm is located in one of the states below: Small Business Administration Division of Program Certification and Eligibility 455 Market Street, 6th Floor San Francisco, CA 94105 IL, OH, MI, IN, MN, WI, TX, NM, AR, LA, OK, MO, IA Business Phone Residence Address Residence Phone City, State, & Zip Code Business Name of Applicant/Borrower Cash on hand & in Banks Savings Accounts IRA or Other Retirement Account ASSETS Accounts & Notes Receivable Life Insurance-Cash Surrender Value Only (Complete Section 8) Stocks and Bonds (Describe in Section 3) Real Estate (Describe in Section 4) Automobiles - Total Present Value (Describe in Section 5, and include Year/Make/Model) Other Personal Property Other Assets Total Section 1. Salary Net Investment Income Real Estate Income Source of Income Other Income (Describe below)* (Omit Cents) LIABILITIES (Omit Cents) Accounts Payable Notes Payable to Banks and Others (Describe in Section 2) Installment Account (Auto) Mo. Payments Installment Account (Other) Mo. Payments Loan on Life Insurance Mortgages on Real Estate (Describe in Section 4) Unpaid Taxes (Describe in Section 6) Other Liabilities (Describe in Section 7) Total Liabilities Net Worth Total Contingent Liabilities As Endorser or Co-Maker Legal Claims & Judgments Provision for Federal Income Tax Other Special Debt Description of Other Income in Section 1. *Alimony or child support payments need not be disclosed in "Other Income" unless it is desired to have such payments counted toward total income. SBA Form 413 (08-11) Previous Editions Obsolete 1

Section 2. Notes Payable to Banks and Others. (Use attachments if necessary. Each attachment must be identified as a part of this statement and signed.) Name and Address of Noteholder(s) Original Current Payment Frequency How Secured or Endorsed Balance Balance Amount (monthly,etc.) Type of Collateral Section 3. Stocks and Bonds. (Use attachments if necessary. Each attachment must be identified as a part of this statement and signed). Number of Shares Name of Securities Cost Market Value Date of Total Value Quotation/Exchange Quotation/Exchange Section 4. Real Estate Owned. Type of Real Estate (e.g. Primary Residence, Other Residence, Rental Property, Land, etc.) Address (List each parcel separately. Use attachment if necessary. Each attachment must be identified as a part of this statement and signed.) Property A Property B Property C Date Purchased Original Cost Present Market Value Name & Address of Mortgage Holder Mortgage Account Number Mortgage Balance Amount of Payment per Month/ Year Status of Mortgage Section 5. Other Personal Property and Other Assets. (Describe, and if any is pledged as security, state name and address of lien holder, amount of lien, terms of payment and if delinquent, describe delinquency) Section 6. Unpaid Taxes. (Describe in detail, as to type, to whom payable, when due, amount, and to what property, if any, a tax lien attaches.) Section 7. Other Liabilities. (Describe in detail.) SBA Form 413 (08-11) Previous Editions Obsolete 2

Section 8. Life Insurance Held. (Give face amount and cash surrender value of policies - name of insurance company and beneficiaries) I authorize SBA/Lender to make inquiries as necessary to verify the accuracy of the statements made and to determine my creditworthiness. CERTIFICATION: (to be completed by each person submitting the information requested on this form) By signing this form, I certify under penalty of criminal prosecution that all information on this form and any additional supporting information submitted with this form is true and complete to the best of my knowledge. I understand that SBA or its participating Lenders, or Certified Development Companies will rely on this information when making decisions regarding an application for a loan from SBA or an SBA Participating Lender, or for participation in the SBA 8(a) Business Development (BD) program. Signature Date Print Name Social Security No. Signature Date Print Name Social Security No. NOTICE TO LOAN APPLICANTS: CRIMINAL PENALTIES AND ADMINISTRATIVE REMEDIES 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. A false statement is punishable under 18 U.S.C. 1001 and 3571 by imprisonment of not more than five years and/or a fine of up to 250,000; under 15 U.S.C. 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, a false statement is punishable under 18 U.S.C. 1014 by imprisonment of not more than 30 years and/or a fine of not more than 1,000,000. NOTICE TO APPLICANTS OR PARTICIPANTS IN THE 8(a) BD PROGRAM: CRIMINAL PENALTIES AND ADMINISTRATIVE REMEDIES FOR FALSE STATEMENTS: Any person who misrepresents a business concern's status as an 8(a) Program participant or SDB concern, or makes any other false statement in order to influence the 8(a) certification or other review process in any way (e.g., annual review, eligibility review), shall be: (1) Subject to fines and imprisonment of up to 5 years, or both, as stated in Title 18 U.S.C. 1001; (2) subject to fines of up to 500,000 or imprisonment of up to 10 years, or both, as stated in Title 15 U.S.C. 645; (3) Subject to civil and administrative remedies, including suspension and debarment; and (4) Ineligible for participation in programs conducted under the authority of the Small Business Act. PLEASE NOTE: The estimated average burden hours for the completion of this form is 1.5 hours per response. If you have questions or comments concerning this estimate or any other aspect of this information, please contact Chief, Administrative Branch, U.S. Small Business Administration, Washington, D.C. 20416, and Clearance Officer, Paper Reduction Project (3245-0188), Office of Management and Budget, Washington, D.C. 20503. PLEASE DO NOT SEND FORMS TO OMB. SBA Form 413 (08-11) Previous Editions Obsolete 3