Get the free SBA 504 LOAN APPLICATION - Big Sky Economic Development - bigskyeconomicdevelopment
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22 2 N. 3 2nd St re ET, Suite 20 0 Billings, MT 5910 1 P hone (406) 86 9-8403 Fax (406) 256-6877 www.bigsky504.com SBA 504 LOAN APPLICATION Operating Company Name Address City Zip Principal in charge
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How to fill out sba 504 loan application
How to fill out SBA 504 loan application:
01
Gather all required documentation such as personal financial statements, business financial statements, tax returns, and other supporting documents.
02
Complete the application form accurately, providing all the necessary information including your personal and business details, loan purpose, and financial projections.
03
Prepare a detailed business plan outlining your company's objectives, market analysis, management structure, and financial forecasts.
04
Attach any additional documents required by the lender or SBA, such as loan history, collateral information, and any legal or ownership documents.
05
Review the application thoroughly to ensure accuracy and completeness. Double-check all calculations and information before submitting.
06
Submit the application to your chosen lender or intermediary who handles the SBA 504 loan program.
07
Follow up with the lender to ensure they have received the application and to address any additional questions or requests for information.
Who needs an SBA 504 loan application?
01
Small business owners who seek financing for the purchase of fixed assets, such as land, buildings, equipment, or renovation/expansion projects.
02
Entrepreneurs who intend to own and operate a business that will promote job creation, community development, or public policy goals determined by the Small Business Administration.
03
Businesses seeking long-term, fixed-rate financing options with favorable terms and low down payments to support their growth and expansion plans.
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What is sba 504 loan application?
SBA 504 loan application is a form used by small business owners to apply for a loan program that helps them purchase real estate or equipment for their business.
Who is required to file sba 504 loan application?
Small business owners who are looking to purchase real estate or equipment for their business are required to file SBA 504 loan application.
How to fill out sba 504 loan application?
SBA 504 loan application can be filled out by providing information about the business, the loan amount needed, and details about the real estate or equipment being purchased.
What is the purpose of sba 504 loan application?
The purpose of SBA 504 loan application is to help small business owners finance the purchase of real estate or equipment for their business.
What information must be reported on sba 504 loan application?
Information such as business details, loan amount needed, and details about the property or equipment being purchased must be reported on SBA 504 loan application.
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