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OMB APPROVAL NO.: 32450188 EXPIRATION DATE: 01/31/2018 PERSONAL FINANCIAL STATEMENT 7(a) / 504 LOANS AND SURETY BONDS U.S. SMALL BUSINESS Administrations of, SBA uses the information required by this
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How to fill out sba personal financial statement

01
Step 1: Gather all the necessary financial documents such as bank statements, tax returns, investment statements, and any other relevant financial records.
02
Step 2: Start by filling out your personal information, including your name, address, and social security number.
03
Step 3: Include details about your assets, such as real estate properties, vehicles, stocks, and investment accounts. Provide accurate valuations for each asset.
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Step 4: Provide information about liabilities, including mortgages, loans, credit card debt, and any other outstanding debts.
05
Step 5: Calculate your net worth by subtracting your total liabilities from your total assets.
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Step 6: Fill out the income section by providing details about your employment income, rental income, investment income, and any other sources of income.
07
Step 7: Include information about your expenses, including mortgage payments, utility bills, insurance premiums, and other monthly expenses.
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Step 8: Calculate your total monthly income and expenses, and determine your net monthly income.
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Step 9: Fill out the summary section, which summarizes your financial position and provides any additional information required by the SBA.
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Step 10: Review the personal financial statement for accuracy and completeness before submitting it to the SBA.

Who needs sba personal financial statement?

01
Business owners who are applying for SBA loans.
02
Individuals seeking additional financing for their business.
03
Entrepreneurs looking to start a new business and require funding.
04
Franchise owners who are expanding their business and need financial assistance.
05
Any individual or business entity seeking a loan from the Small Business Administration.
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SBA personal financial statement is a document that provides detailed information about an individual's financial situation.
Individuals seeking financial assistance or loans from the Small Business Administration (SBA) are required to file a personal financial statement.
SBA personal financial statement can be filled out by providing detailed information about assets, liabilities, income, and expenses.
The purpose of sba personal financial statement is to evaluate an individual's financial health and ability to repay a loan.
Information such as assets, liabilities, income, expenses, and credit history must be reported on sba personal financial statement.
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