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Amount $25,000Bond No. STATE OF MAINE LOAN BROKER BOND KNOW ALL PERSONS BY THESE PRESENTS THAT (Formal business name of applicant)doing business as, as Principal, (Applicants d/b/a name, if any)(hereinafter)
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Start by including the full legal name of your business.
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Include any suffixes, such as 'LLC', 'Inc', or 'Co'.
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If your business operates under a trade name, include both the trade name and the legal name.
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Formal business name refers to the official name under which a business operates.
All businesses, including sole proprietorships, partnerships, and corporations, are required to file their formal business name.
To fill out the formal business name, you need to provide the legal name of the business, any trade names used, and other identifying information.
The purpose of filing the formal business name is to establish the legal identity of the business and to protect the rights of the business owner.
The information that must be reported on the formal business name includes the legal name of the business, any trade names used, the business address, and the name of the business owner(s).
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