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Coleman Change of Ownership SBA Loans A Coleman Webinar Date: Tuesday, April 6, 2021 2:00 p.m. to 3:15 p.m. Eastern 11:00 a.m. to 12:15 p.m. PacificSELECT $489Single Site License $589 Unlimited Site
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How to fill out change of ownership sba

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How to fill out change of ownership sba

01
Gather all necessary information and documents such as the current owner's information, the new owner's information, and any supporting documentation.
02
Access the Small Business Administration (SBA) website and locate the change of ownership form.
03
Download and print the form.
04
Fill out the form accurately and completely, providing all requested information.
05
Double-check all information to ensure its accuracy, and make any necessary corrections.
06
Attach any required supporting documentation, such as proof of identification or legal documentation.
07
Review the completed form and supporting documents to ensure everything is in order.
08
Sign and date the form.
09
Submit the form and supporting documents to the appropriate SBA office or submit them online, following the specified submission instructions.
10
Keep a copy of the completed form and supporting documents for your records.

Who needs change of ownership sba?

01
Business owners who are transferring ownership of their small business to another individual or entity may need to fill out a change of ownership SBA form. This can include situations where a business is being sold, gifted, or transferred due to partnership changes or other circumstances.
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Change of ownership SBA refers to the process of notifying the Small Business Administration about a change in ownership or control of a small business.
Any small business that experiences a change in ownership or control is required to file a change of ownership SBA form.
To fill out the change of ownership SBA form, the business owner needs to provide detailed information about the new owner or controlling party, as well as information about the business and its operations.
The purpose of the change of ownership SBA form is to ensure that the SBA is aware of any changes in ownership or control that may affect the eligibility of the business for SBA programs or assistance.
The change of ownership SBA form typically requires information about the new owner or controlling party, details about the business, its operations, and any potential impact on SBA programs.
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