Sba Form 4 I – Fill Out and Use This PDF

The SBA Form 4 I, officially titled "Lender's Application for Guaranty or Participation," is a critical document for lenders when applying for a Small Business Administration (SBA) loan guarantee. It outlines the terms of the loan, including amount, interest rate, and repayment terms, along with necessary lender certifications concerning the applicant's eligibility and the use of loan proceeds. To navigate the process efficiently and ensure all requirements are met, clicking the button below to fill out the form is a great starting point.

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Sba Form 4 I PDF Details

In the landscape of small business financing, the U.S. Small Business Administration (SBA) plays a crucial role, offering guarantees to lenders for loans made to small businesses. One key document in this process is the SBA Form 4 I, known as the "Lender's Application for Guaranty or Participation." This form is a critical tool used by lenders when applying for the SBA's guarantee on loans under the 7(a) program. It outlines detailed information about the proposed loan, including the business name of the applicant, the NAICS (North American Industry Classification System) code, loan terms like the amount, interest rate, and repayment period, as well as lender and SBA shares of the loan. Furthermore, it specifies conditions set by the lender, including insurance requirements and other conditions. The completion of this form requires lenders to provide a comprehensive financial analysis of the applicant, including balance sheets, repayment ability, management skills, and collateral adequacy. Finally, it's a document that underscores the partnership between lenders and the SBA in supporting small businesses, emphasizing that without SBA support, these loans might not be feasible. It highlights the due diligence performed by lenders and the rigorous assessment process undertaken to ensure that financial assistance is available to small businesses under reasonable terms.

Question	Answer
Form Name	Sba Form 4 I
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	AIB, OMB, Deprec, SUMBMIT

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SUMBMIT COMPLETED APPLICATIONS TO LENDERS OF CHOICE		OMB Approval No. 32450016		Expiration Date: 11/30/2012
				Loan Submitted As:
SBA Loan Number	U.S. SMALL BUSINESS ADMINISTRATION			Loan Submitted As:
	U.S. SMALL BUSINESS ADMINISTRATION			Reg 7(a)
	LENDER'S APPLICATION FOR GUARANTY			Reg 7(a)
	OR PARTICIPATION
	OR PARTICIPATION			CLP

Business Name of Applicant			Applicant NAICS

				PLP
			Code:	PLP

Name of Lender			Telephone (Inc. A/C)	FIRS No. (SBA's Use)

Street Address

City

State

ZIP

WE PROPOSE TO THE FOLLOWING LOAN TERMS:

	Lender's Share		SBA's Share			Term of Loan
Guaranteed Loan		%		%			Years

Amount of Loan			Payment Beginning			Monthly Payment
$				Months from Date of Note		$


Lender's Interest Rate			If Interest Rate is to be Variable		Adjustment Period	Base Rate Source
% Per Annum			Base Rate		Spread

CONDITIONS OF LENDER (e.g. Insurance requirements, standbys, other conditions. Use additional sheet(s))

I approve this application to SBA subject to the terms and conditions outlined above. Without the participation of SBA to the extent applied for we would not be willing to make this loan, and in our opinion the financial assistance applied for is not otherwise available on reasonable terms. I certify that none of the Lender's employees, officers, directors, or substantial stockholders (more than 10%) have a financial interest in the applicant.

Lender Official (Please Type or Print Name under Signature)

Title

Date

ON PLP SUBMISSIONS ONLY: I approve and certify that the applicant is a small business according to the standards in 13 CFR 121, the loans proceeds will be used for an eligible purpose, and the owners and managers of the applicant business are of good character.

Approving/Certifying Lender Official (Please Type or Print Name under Signature)

Title

Date

FOR SBA USE ONLY

Loan Officer's Recommendations

Approve	Decline	State
		Reason(s)

Signature

Title

Date

Other Recommendation if Required		State
Approve	Decline	State
		Reason(s)

Signature

Title

Date

THIS BLOCK TO BE COMPLETED BY SBA OFFICIAL TAKING FINAL ACTION

Approve	Decline	State
		Reason(s)

Signature

Title

Date

SBA FORM 4I (909) PREVIOUS EDITIONS OBSOLETE

INSTRUCTIONS: Lender will complete and enclose as part of this application package, all working papers, support material, and agreements requested herein, specifically including:

1.Balance sheet and ratio analysis comments on trends, debt to worth, and current ratio.

2.Lender's analysis of repayment ability.

3.Management skill of the applicant.

4.Collateral offered and lien position, and analysis of collateral adequacy.

5.Lender's credit experience with the applicant. Identify weaknesses.

FINANCIAL SPREAD

In Column 1 please show the most recent balance sheet figures of an existing business or the initial equity investment of a startup business or the purchase of a business. Columns 2 and 3 are to reflect adjusting entries, the use of loan proceeds, and loan repayment. Column 4 is to reflect the balance sheet of the business immediately following loan disbursement. Base the financial analysis on Column 4 figures.

BALANCE SHEET	As of			Fiscal Year Ends		AUDITED		UNAUDITED
					DEBIT	CREDIT		PRO FORMA

Assets
Cash	$			$		$		$
Accounts Rec.
Inventory
Other

Total Current Assets

Fixed Assets
Other Assets

Total Assets	$			$		$		$
Liabilities & Net Worth

Accounts Payable	$			$		$		$
Notes Payable

Taxes

Other

SBA
Total Current Liabilities	$			$		$		$
Notes Payable	$			$		$		$
SBA
Other
Total Liabilities	$			$		$		$
Net Worth	$			$		$		$
Total Liab. & Net Worth	$			$		$		$
Profit & Loss		PRIOR THREE YEARS				INTERIM		PROJECTIONS

Sales	$		$		$	$	$		$
Depreciation
Income Taxes
W/D Officer Comp.
Net Profit after Tax/Deprec.	$		$		$	$	$		$
		PRO FORMA SCHEDULE OF FIXED OBLIGATIONS
		YEAR 1			YEAR 2	YEAR 3			YEAR 4

	$			$		$		$
Lender's Analysis:

The estimated burden for completing this form is 2 hours per response. You will not be required to respond to collection of information unless it displays a currently vaild OMB approval number. Comments on the burden should be sent to U.S. Small Business Administration, Chief, AIB, 409 3rd St., S.W. Washington, D.C. 20416 and Desk Office for Small Business Administration, Office of Management and Budget, New Executive Office Building, Room 10202, Washington, D.C. 30503. OMB Approval (32450016) PLEASE DO NOT SEND FORMS TO OMB.

SBA FORM 4I (909) PREVIOUS EDITIONS OBSOLETE

How to Edit Sba Form 4 I Online for Free

It is possible to fill in OMB instantly by using our online editor for PDFs. Our editor is consistently developing to give the best user experience achievable, and that is thanks to our dedication to continuous improvement and listening closely to feedback from users. Getting underway is effortless! All you need to do is take the next simple steps down below:

Step 1: Click on the orange "Get Form" button above. It'll open up our tool so you could begin filling in your form.

Step 2: Once you open the file editor, you will notice the document made ready to be filled out. Besides filling in various blanks, you may as well do various other things with the form, including adding any text, modifying the initial text, inserting illustrations or photos, affixing your signature to the PDF, and much more.

Concentrate when filling out this document. Ensure every blank field is filled in accurately.

1. To start off, when completing the OMB, beging with the area that features the next blanks:

2. Your next stage would be to fill out the next few blanks: Lender Official Please Type or, Title, Date, ON PLP SUBMISSIONS ONLY I approve, ApprovingCertifying Lender, Title, Date, FOR SBA USE ONLY, Approve, Title, Approve, Title, Decline, State Reasons, and Date.

Approve, ApprovingCertifying Lender, and Date inside UNAUDITED

3. Through this step, look at SBA FORM I PREVIOUS EDITIONS. Each of these will have to be completed with utmost awareness of detail.

UNAUDITED conclusion process described (step 3)

4. This next section requires some additional information. Ensure you complete all the necessary fields - In Column please show the most, BALANCE SHEET, As of, Fiscal Year Ends, AUDITED, UNAUDITED, DEBIT, CREDIT, PRO FORMA, Assets, Cash, Accounts Rec Inventory Other, Total Current Assets Fixed Assets, Total Current Liabilities, and Notes Payable SBA Other - to proceed further in your process!

As of, DEBIT, and UNAUDITED of UNAUDITED

5. Last of all, this last portion is precisely what you should wrap up prior to using the document. The blank fields in question include the following: Net Worth, Total Liab Net Worth, Profit Loss, Sales Depreciation Income Taxes WD, Net Profit after TaxDeprec, Lenders Analysis, PRIOR THREE YEARS, INTERIM, PROJECTIONS, PRO FORMA SCHEDULE OF FIXED, YEAR, YEAR, YEAR, YEAR, and The estimated burden for.

It is easy to make an error while filling out your The estimated burden for, for that reason make sure that you look again prior to when you submit it.

Step 3: As soon as you have looked again at the details entered, click on "Done" to complete your form. Make a free trial plan at FormsPal and obtain direct access to OMB - downloadable, emailable, and editable from your FormsPal account page. When you use FormsPal, it is simple to complete forms without stressing about information breaches or data entries getting distributed. Our protected system ensures that your personal details are stored safely.

Sba Form 4 I – Fill Out and Use This PDF

Sba Form 4 I PDF Details

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