Sba Personal Financial Statement
What is sba personal financial statement?
A personal financial statement is a document that details an individual's financial information. It provides a snapshot of a person's assets, liabilities, and net worth. In the case of an SBA (Small Business Administration) personal financial statement, it is specifically used for individuals seeking financial assistance from the SBA for their businesses.
What are the types of sba personal financial statement?
There are two main types of SBA personal financial statements: the SBA Form 413 and the SBA Form 912. The SBA Form 413 is used for individuals applying as a sole proprietor or single-member LLC, while the SBA Form 912 is used for officers, directors, and owners of 20% or more of the equity in a business.
How to complete sba personal financial statement
Completing an SBA personal financial statement involves several steps:
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