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104 Year ended SBA Form 480 4-15 Previous Editions Obsolete 3. Applicant s average number of employees excluding affiliates based on the number of persons employed on a full-time part-time temporary or other basis during each of the pay periods of the preceding 12 calendar months see 13 CFR 121. OMB Approval No* 3245-0009 Expiration Date 01/31/2017 U*S* SMALL BUSINESS ADMINISTRATION SIZE STATUS DECLARATION Use of Information* The information requested below will be used by SBA to determine...
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How to fill out sba form 480
How to Fill Out SBA Form 480:
01
Start by gathering all the necessary information and documents. This includes your personal information, business details, financial records, and any supporting documents required by the SBA.
02
Review the instructions provided with the SBA Form 480. This will give you a clear understanding of the purpose of the form and the specific information that needs to be provided.
03
Begin by filling out the top section of the form, which typically includes your name, address, contact information, and other personal details.
04
Move on to the business information section. Provide details such as the business name, address, legal structure, and the date the business was established.
05
Depending on the purpose of the form, you may need to provide information about your business's revenues, expenses, assets, liabilities, and any outstanding loans or financial obligations.
06
If applicable, fill out the section related to any previous SBA loans or assistance received. Provide information about the loan amount, purpose, and repayment status.
07
Provide accurate and up-to-date financial information in the designated sections. This may include revenue, cost of goods sold, operating expenses, and net income. Be sure to include any supporting documentation requested.
08
If required, provide additional information or explanations in the spaces provided or on separate sheets as instructed.
09
Carefully review the completed form for accuracy and completeness. Double-check all the information provided and ensure that all required fields are filled.
10
Sign and date the form as required. Ensure that all necessary signatures are obtained, including any co-owners or guarantors if applicable.
Who Needs SBA Form 480:
01
Small business owners who are applying for financial assistance or loans through the Small Business Administration (SBA) may need to fill out form 480. This form is often required as part of the loan application process.
02
Individuals who have previously obtained SBA loans or assistance and are seeking additional funding or modifications to their existing loans may also need to fill out this form.
03
Form 480 may be required for specific loan programs offered by the SBA, such as those aimed at disaster recovery, financing for export businesses, or loans for specific industries.
In summary, filling out SBA Form 480 involves gathering all the necessary information, carefully reviewing the instructions, and providing accurate and complete details about your personal and business finances. This form is typically required for small business owners applying for SBA loans or financial assistance.
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What is sba form 480?
SBA Form 480 is a form used for reporting the annual sales revenue of small businesses.
Who is required to file sba form 480?
All small businesses that are eligible for SBA programs are required to file SBA Form 480.
How to fill out sba form 480?
SBA Form 480 can be filled out online on the SBA's website or through a paper form that can be submitted by mail.
What is the purpose of sba form 480?
The purpose of SBA Form 480 is to help the SBA track the annual sales revenue of small businesses and determine their eligibility for SBA programs.
What information must be reported on sba form 480?
The information reported on SBA Form 480 includes the annual sales revenue of the small business, as well as other financial information.
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