Get the free SBA Form 1244. Application for Section 504 Loan - dspnet
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COLLEGIATE CHAPTER SAMPLE POLICIES AND PROCEDURES
The document that follows is a sample policy and procedures manual for collegiate chapters. This
sample is designed to help the chapter format its
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How to fill out sba form 1244 application
How to Fill Out SBA Form 1244 Application?
01
Start by downloading the SBA Form 1244 from the official Small Business Administration website.
02
Fill out the basic information section, which includes your name, address, social security number, and contact information.
03
Provide details about your business, such as its legal name, address, and contact information.
04
Indicate the type of business entity you have (sole proprietorship, partnership, corporation, etc.).
05
Fill in the required financial information, such as the total assets, liabilities, and net worth of your business.
06
Provide details about your business's ownership structure, including the names and social security numbers of all owners with a 20% or more stake.
07
Answer the questions related to your business's size, employment figures, and industry classification.
08
Provide information about any existing loans or financial assistance you have received.
09
Complete the certifications and signatures section to certify the accuracy of the information provided.
10
Review the completed form carefully before submission to ensure all necessary information is provided.
Who Needs SBA Form 1244 Application?
01
Small business owners who are seeking financial assistance or loan guarantees from the Small Business Administration may need to fill out SBA Form 1244.
02
Individuals or businesses that meet the SBA's eligibility criteria for loan programs, such as the 7(a) Loan Program or the Certified Development Company (CDC) 504 Loan Program, may be required to submit this form.
03
It is important to check with your lender or the SBA to determine if SBA Form 1244 is necessary for your specific loan application or assistance request.
Remember to consult the most up-to-date guidelines and instructions provided by the Small Business Administration to ensure accurate and compliant completion of SBA Form 1244.
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