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Get the free SBA Form 413 - Personal Financial Statement.pdf

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L O A N APPLY I CA TI O N I N STRUT CTI ONS Thank you for considering Attune Business Credit for your business financing needs! Following this instruction page are forms that need to be completed
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How to fill out sba form 413

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How to fill out SBA Form 413:

01
Gather necessary information: Start by collecting all the required information to fill out SBA Form 413. This includes personal details such as your name, address, contact information, social security number, and date of birth.
02
Provide business information: If you are filling out the form for a business loan, provide details about your business entity, its structure, and the nature of the business. You may need to provide information about your ownership percentage, annual revenue, and the number of employees.
03
List your assets: The SBA Form 413 requires you to disclose your assets. Provide information on your personal and business assets, including real estate, cash, stocks, bonds, vehicles, equipment, and any other valuable possessions you own.
04
List your liabilities: Detail your personal and business liabilities, including any outstanding debts or loans. This may include mortgages, credit card debts, student loans, and any other financial obligations.
05
Additional financial information: Provide information on your income, such as salary, wages, dividends, or any other regular sources of income. You may also need to provide information on other sources of income, like rental properties or investments.
06
Certify and sign: Once you have completed the form, carefully review all the provided information. Make sure it is accurate and complete. Afterward, sign the form to certify that the information provided is true and accurate to the best of your knowledge.

Who needs SBA Form 413?

SBA Form 413 is typically required for individuals seeking financing through the Small Business Administration (SBA) for their small business or personal use. It is commonly used for SBA loans, such as the 7(a) loan program or the CDC/504 loan program. The form helps the SBA assess the borrower's financial position and evaluate their ability to repay the loan. Additionally, applicants for disaster loans may also need to fill out SBA Form 413 as part of the application process.
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SBA Form 413, also known as the Personal Financial Statement, is a document required by the Small Business Administration to assess the financial standing of a business owner or guarantor.
Business owners or guarantors applying for an SBA loan are required to file SBA Form 413.
SBA Form 413 can be filled out by providing detailed information about your assets, liabilities, income, and any other relevant financial information.
The purpose of SBA Form 413 is to evaluate the financial capacity of a business owner or guarantor to determine their eligibility for an SBA loan.
Information such as assets, liabilities, income, expenses, and personal financial details must be reported on SBA Form 413.
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