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SBA Information Notice TO: All SBA Employees CONTROL NO.: 5000-1187 EFFECTIVE: 11/29/2010 SUBJECT: Intermediary Lending Pilot Program On September 27, 2010, President Obama signed the Small Business
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How to fill out sba form 1187
How to fill out SBA Form 1187:
01
Obtain a copy of SBA Form 1187 from the Small Business Administration website or local office.
02
Begin by providing the necessary personal information, such as name, address, social security number, and contact details.
03
Indicate the type of business you own and provide relevant details about your business, including its legal structure and industry.
04
Fill out the financial information section, which includes details about your company's assets, liabilities, income, and expenses.
05
If applicable, provide information about any current loans or financing your business has received.
06
Include details about any collateral you are offering as security for the loan, if applicable.
07
Review and double-check all the information provided to ensure accuracy and completeness.
08
Sign and date the form, certifying the accuracy of the information provided.
09
Submit the completed SBA Form 1187 to the appropriate SBA office or lender.
Who needs SBA Form 1187?
01
Small business owners seeking financial assistance from the Small Business Administration.
02
Individuals looking to apply for SBA loans or other financial programs.
03
Entrepreneurs and business owners who require funding for business expansion, equipment purchase, working capital, or other business-related needs.
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What is sba form 1187?
SBA Form 1187 is a form used by businesses to report their monthly sales for certain government procurement programs.
Who is required to file sba form 1187?
Any business that participates in government procurement programs and is required to report their monthly sales must file SBA Form 1187.
How to fill out sba form 1187?
To fill out SBA Form 1187, businesses need to provide information about their monthly sales, including the contract number, sales amount, and contract type. The form can be filled out electronically or manually.
What is the purpose of sba form 1187?
The purpose of SBA Form 1187 is to track and monitor the monthly sales of businesses participating in government procurement programs. This information helps the government evaluate the effectiveness of such programs.
What information must be reported on sba form 1187?
Businesses must report their monthly sales, including the contract number, sales amount, and contract type.
When is the deadline to file sba form 1187 in 2023?
The deadline to file SBA Form 1187 in 2023 may vary depending on the specific government procurement program and contract. It is recommended to consult the program guidelines or contact the respective agency for the deadline.
What is the penalty for the late filing of sba form 1187?
The penalties for the late filing of SBA Form 1187 can vary depending on the specific government procurement program and contract. It is advisable to review the program guidelines or consult the respective agency for information on applicable penalties.
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