Get the free SBA Form 3506 CARES Act Section 1102 Lender Agreement 04022020.docx

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CARES Act Section 1102 Lender Agreement (Lender) hereby agrees as a condition and in consideration of authorization by the United States Small Business Administration (SBA) and the Department of Treasury

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How to fill out sba form 3506 cares

01

Step 1: Gather all necessary information and documents, including your personal information, business details, and financial statements.

02

Step 2: Download SBA Form 3506 CARES from the official SBA website.

03

Step 3: Carefully read the instructions provided with the form to understand the requirements and guidelines for filling it out.

04

Step 4: Begin filling out the form by entering your personal information, including your name, address, and social security number.

05

Step 5: Provide detailed information about your business, including its legal structure, ownership details, and any affiliated businesses.

06

Step 6: Fill in the financial information section, including your business's revenues, expenses, and any outstanding loans or debts.

07

Step 7: Attach any required supporting documents, such as bank statements, tax returns, and financial statements.

08

Step 8: Review the completed form for accuracy and completeness.

09

Step 9: Sign and date the form.

10

Step 10: Make copies of the completed form and supporting documents for your records.

11

Step 11: Submit the completed SBA Form 3506 CARES to the appropriate SBA office or online portal.

Who needs sba form 3506 cares?

01

Small business owners or self-employed individuals who have been financially impacted by the COVID-19 pandemic and are seeking assistance through the SBA's CARES Act programs.

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What is sba form 3506 cares?

SBA Form 3506 is a form used to apply for loan forgiveness under the CARES Act for borrowers who received a Paycheck Protection Program (PPP) loan.

Who is required to file sba form 3506 cares?

Borrowers who received a PPP loan and are seeking forgiveness for that loan amount are required to file SBA Form 3506.

How to fill out sba form 3506 cares?

To fill out SBA Form 3506, borrowers must provide their business information, details of the PPP loan, the amounts spent on eligible expenses, and submit supporting documentation as required.

What is the purpose of sba form 3506 cares?

The purpose of SBA Form 3506 is to document and justify the use of PPP loan funds to seek forgiveness from the Small Business Administration.

What information must be reported on sba form 3506 cares?

SBA Form 3506 requires borrowers to report their business information, loan details, payroll and non-payroll expenses incurred, and any other relevant financial information related to their PPP loan.

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