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This document is an application for the SBA 504 loan program, providing detailed instructions for applicants to fill out necessary fields, submit ancillary documents, and certify information accuracy regarding their business plans, financials, and compliance with federal regulations. It outlines required documents, submission procedures, and consequences for false statements.
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How to fill out sba form 1244

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How to fill out sba form 1244

01
Obtain SBA Form 1244 from the SBA website or your local SBA office.
02
Start by filling out the business information section, including the business name, address, and contact details.
03
Provide information about the business owner(s), including names, addresses, and any ownership percentages.
04
Indicate the type of business entity (e.g., sole proprietorship, partnership, corporation).
05
Detail the purpose for which you are applying for the loan or assistance.
06
Include your financial information, such as income and expenses, to support your application.
07
Review the completed form for accuracy and completeness.
08
Sign and date the form before submission.

Who needs sba form 1244?

01
Small business owners seeking SBA assistance.
02
Entrepreneurs applying for loans or grants from the Small Business Administration.
03
Businesses looking for federal support in response to specific financial needs.
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SBA Form 1244 is the 'Statement of Personal History' used by the Small Business Administration to gather personal background information on individuals applying for SBA loans.
Individuals who own 20% or more of the business applying for an SBA loan are required to file SBA Form 1244.
To fill out SBA Form 1244, provide personal information such as name, address, Social Security number, employment history, and details regarding any criminal history. Follow the instructions carefully and ensure all required sections are completed.
The purpose of SBA Form 1244 is to assess the character and background of individuals seeking SBA loans, ensuring that only qualified applicants receive funding.
SBA Form 1244 requires reporting personal identification details, employment history, ownership interest in the business, financial obligations, and any past criminal offenses.
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