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SBA 3511 2020 free printable template

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OMB Control Number: 32450416 Expiration Date: 06/30/2021PAYCHECK PROTECTION PROGRAM AFFILIATION WORKSHEET The purpose of this Affiliation Worksheet is to collect information from a borrower that answered
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How to fill out SBA 3511

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How to fill out SBA 3511

01
Obtain the SBA Form 3511 from the official SBA website or your lender.
02
Fill in your business information in the designated sections, including name, address, and EIN.
03
Provide details about your loan request, including the amount and purpose of the loan.
04
Detail your projected financials such as revenue, expenses, and profits for the next 1-3 years.
05
List any collateral or personal guarantees offered for the loan.
06
Review the form for accuracy and completeness before submission.
07
Submit the completed form to your lender or the SBA as instructed.

Who needs SBA 3511?

01
Small business owners seeking financial assistance through the SBA.
02
Businesses applying for loans backed by the Small Business Administration.
03
Entrepreneurs needing to report on their business's financial health and loan usage.
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Purpose of this form: This form is to be completed by the Applicant and all individuals identified below and submitted to your SBA Participating Lender. Submission of the requested information is required for SBA or the Lender to make a determination regarding eligibility for financial assistance.
Borrowers who need copies of their loan documents can contact SBA at 833-853-5638. Please allow 5-7 business days to receive your materials.
The purpose of this Affiliation Worksheet is to collect information from a borrower that answered “YES” to Question 3 on its Paycheck Protection Program (PPP) Loan Application (SBA Form 2483 or lender's equivalent) or a borrower for which information available to the Small Business Administration (SBA) indicates that
That does not mean defaulting on a PPP or EIDL loan of $25,000 or less is consequence-free. Defaulting on your PPP loan will likely prompt the federal government to report your business to credit scoring companies, meaning your personal and business credit is likely to take a substantial hit.
The purpose of this form is to collect identifying information about the applicant, loan request, indebtedness, principals of the business, and information on current or previous government financing.

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SBA 3511 is a form used by small business owners to report and request assistance from the Small Business Administration (SBA) regarding their eligibility for various financial and business support programs.
Businesses seeking financial assistance or support from the SBA, particularly those that meet specific criteria related to SBA programs, are required to file SBA 3511.
To fill out SBA 3511, businesses should provide accurate information regarding their business structure, financial status, and any specific assistance they are seeking. It's recommended to follow the instructions provided with the form and consult with an advisor if necessary.
The purpose of SBA 3511 is to gather necessary information from small businesses in order to determine their eligibility for SBA assistance programs and to streamline the application process for financial aid.
SBA 3511 requires reporting on business identity details, financial statements, number of employees, nature of the business, and specifics about the requested assistance.
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