Sba Form 2202 PDF Details

In the journey of navigating business financing and loan applications, entrepreneurs and business owners often find themselves required to provide detailed insights into their financial health. One crucial document in this process is the SBA Form 2202, also known as the Schedule of Liabilities. This form serves as a comprehensive record of a company’s current debts, including notes, mortgages, and accounts payable. It demands the applicant to meticulously list each creditor, alongside key details such as the original amount owed, the date the debt was incurred, the current balance, the status of the debt (current or delinquent), the maturity date, the payment amount, and the security for the debt. Designed to supplement the information on a balance sheet, the SBA Form 2202 plays a vital role in helping the Small Business Administration (SBA) assess the financial obligations of a business applying for loans through the SBA Form 5 application process. By providing a clear snapshot of a company’s liabilities, this form aids in the determination of a business’s creditworthiness and financial stability. The option for applicants to use their own format if preferred, instead of the suggested format, offers flexibility, making this step of the application process slightly more tailored to each business’s unique financial situation.

QuestionAnswer
Form NameSba Form 2202
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other names2202 schedule liabilities, 2202 sba form, sba 2202, sba form 2202

How to Fill Out SBA Form 2202

SBA Form 2202 at a glance

What it is: SBA Form 2202 is the suggested format for a Schedule of Liabilities (Notes, Mortgages and Accounts Payable).

Who signs: Sign on the SIGN line and enter your Title.

This form is provided for your convenience in responding to filing requirements in Item 2 on the application, SBA Form 5.

A filled-in SBA Form 2202 example: a schedule with one car loan

SBA Form 2202 example filled out, example: a schedule with one car loan
Jane Ann Sample lists one car loan on the Schedule of Liabilities. The loan is current, so the Current or delinquent? box says Current and every other row stays empty. The picture shows the filled schedule, and none of its entries is real.

How to fill out SBA Form 2202, box by box

Applicant's Name and Date of Schedule

SBA Form 2202 example filled out, applicant's Name and Date of Schedule

Enter the Applicant's Name and the Date of Schedule.

Liabilities, one row for each

SBA Form 2202 example filled out, liabilities, one row for each

For each row of the schedule, enter the Name of Creditor, Original amount, Original date, Current balance, Current or delinquent?, Maturity date, Payment amount (Month-Year) and How Secured.

Signing and Title

SBA Form 2202 example filled out, signing and Title

Sign on the SIGN line and enter your Title.

More rules for SBA Form 2202

You may use your own form if you prefer.

The information contained in this schedule is a supplement to your balance sheet and should balance to the liabilities presented on that form.

Sources

[1] SBA Form 2202 (10-15), Schedule of Liabilities, U.S. Small Business Administration (the Official source link on this page).

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