LOAN APPLICATION CHECK LIST
GOVERNMENT DEVEOPMENT BANK SMALL BUSINESS DEVELOPMENT AGENCY LOAN APPLICATION CHECK LIST APPLICANT: _________________________________________________________ CHECK APPLICABLE COLUMN. HAVE NEED N/A FORMS COMPLETED BY BORROWER: _____ _____ _____ APPLICATION FOR BUSINESS LOAN; COMPLETED, SIGNED, AND DATED. _______ _______ _______ STATEMENT OF PERSONAL HISTORY; COMPLETED, SIGNED, AND DATED. WHEN APPLICABLE; ________ _______ _______ RESOLUTION OF BOARD OF DIRECTORS; SIGNED, DATED, AND CERTIFIED (IF CORPORATION). ________ _______ _______ CERTIFICATE AS TO PARTNERS; SIGNED, DATED, AND NOTARIZED (IF PARTNERSHIP) FINANCIAL INFORMATION: ________ _______ _______ PERSONAL FINANCIAL STATEMENT (LESS THAN 90 DAYS OF APPLICATION). ________ _______ _______ BUSINESS FINANCIAL STATEMENT, SIGNED AND DATED (LESS THAN 90 DAYS FROM LOAN APPLICATION). ________ _______ _______ PRIOR THREE YEARS FEDERAL TAX RETURNS (STAMPED). ________ _______ _______ LIST OF CONTRACTS, NOTES, AND/OR MORTGAGES PAYABLE; SIGNED AND DATED. …
Download the original document · Plain text (TXT) · Browse the archive · How this archive works
Original source: https://usvieda.org/wp-content/uploads/2024/05/EDA_LoanApplicationChecklist.pdf
SHA-256 60379d42bb0e81cfbde74568376d9e461198f4a9b15bde0341463ba0868d6c6b
Re-using this document
An instrumentality of the Government of the Virgin Islands. No rights are stated anywhere: the document carries no copyright notice and the body publishes no terms of use. 17 U.S.C. § 105 does not reach territorial government, so nothing makes it public domain by operation of federal law — it publishes as a territorial public record, and we say plainly that the position is unstated rather than settled.
Our description, tagging, arrangement, extracted text and machine transcripts are released under CC0 1.0. We assert nothing about the document itself.
Archive identifier LF-60379d42bb0e
Document text
GOVERNMENT DEVEOPMENT BANK SMALL BUSINESS DEVELOPMENT AGENCY LOAN APPLICATION CHECK LIST APPLICANT: _________________________________________________________ CHECK APPLICABLE COLUMN. HAVE NEED N/A FORMS COMPLETED BY BORROWER: _____ _____ _____ APPLICATION FOR BUSINESS LOAN; COMPLETED, SIGNED, AND DATED. _______ _______ _______ STATEMENT OF PERSONAL HISTORY; COMPLETED, SIGNED, AND DATED. WHEN APPLICABLE; ________ _______ _______ RESOLUTION OF BOARD OF DIRECTORS; SIGNED, DATED, AND CERTIFIED (IF CORPORATION). ________ _______ _______ CERTIFICATE AS TO PARTNERS; SIGNED, DATED, AND NOTARIZED (IF PARTNERSHIP) FINANCIAL INFORMATION: ________ _______ _______ PERSONAL FINANCIAL STATEMENT (LESS THAN 90 DAYS OF APPLICATION). ________ _______ _______ BUSINESS FINANCIAL STATEMENT, SIGNED AND DATED (LESS THAN 90 DAYS FROM LOAN APPLICATION). ________ _______ _______ PRIOR THREE YEARS FEDERAL TAX RETURNS (STAMPED). ________ _______ _______ LIST OF CONTRACTS, NOTES, AND/OR MORTGAGES PAYABLE; SIGNED AND DATED. ________ _______ _______ AFFILIATES OR SUBSIDIARIES FINANCIAL STATEMENTS; SIGNED AND DATED. ________ _______ _______ BUSINESS VALUATION; (REQUIRED FOR ALL PURCHASES OF AN EXISTING BUSINESS). ________ _______ _______ BUSINESS PLAN (TO INCLUDE, BUT NOT LIMITEDTO): • BRIEF HISTORY OF THE BUSINESS (PAST-PRESENT-FUTURE) AND EXPECTED BENEFIT • BRIEF DESCRIPTION (RESUME) OF THE EDUCATION AND BUSINESS EXPERIENCE OF MANAGEMENT. • INCOME PROJECTIONS (3 YEARS); SIGNED AND DATED. • MONTHLY CASH FLOW PROJECTION (1 YEAR); SIGNED AND DATED. EXHIBITS REQUIRED WITH LOAN APPLICATION: ________ _______ _______ APPRAISAL REPORT (LESS THAN ONE YEAR OLD). ________ _______ _______ COPY (IES) OF DEED (S)AND/OR TITLE(S), INCLUDING LEGAL DESCRIPTION. ________ _______ _______ COPY OF PURCHASE OPTION CONTRACT. ________ _______ _______ COPY (IES) OF LEASE AGREEMENTS (S). ________ _______ _______ PERMIT OF USE. ________ _______ _______ ESTIMATE OF INVENTORY MACHINERY AND EQUIPMENT AND FURNITURE AND FIXTURES TO BE ACQUIRED. ________ _______ _______ INVENTORY LISTING (EXISTING BUSINESSES). ________ _______ _______ CONSTRUCTION/IMPROVEMENT ESTIMATE. ________ _______ _______ CONSTRUCTION PLANS AND PERMITS. ________ _______ _______ ARTICLES OF INCORPORATION, BY-LAWS, CERTIFICATE OF GOOD STANDING. ________ _______ _______ PARTNERSHIP AGREEMENT. ________ _______ _______ CERTIFICATE OF EXISTENCE. ________ _______ _______ COPIES OF BUSINESS LICENSE. ________ _______ _______ REFERENCES (THREE, MINIMUM). ________ _______ _______ CREDIT REPORT (BUSINESS AND PRINCIPALS). ________ _______ _______ EXPLANATION OF BANKRUPTCY AND/OR JUDGEMENTS. ________ _______ _______ OTHER ________ ACCEPTED FOR PROCESSING _______ RETURNED TO APPLICANT DATE __________________ SCREENED BY: _______________________________________________________