Sba Form 4 I PDF Details

Do you need to apply for an SBA form 4 I loan? Knowing the right steps and requirements can make the entire process much simpler and faster. Whether this is your first time applying, or it's been a while since your last loan application, having the right information at hand can help ensure that everything goes smoothly. In this blog post, we'll review some of the specifics of an SBA Form 4 I loan, including eligibility criteria and documentation needed for applying. We'll also provide some tips on what to do if you run into problems during the process. Read on to learn more about SBA Form 4 I loans!

QuestionAnswer
Form NameSba Form 4 I
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesAIB, OMB, Deprec, SUMBMIT

Form Preview Example

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

 

 

 

Reg 7(a)

 

LENDER'S APPLICATION FOR GUARANTY

 

 

OR PARTICIPATION

 

 

 

 

CLP

 

 

 

 

 

Business Name of Applicant

 

 

Applicant NAICS

 

 

 

 

 

 

 

PLP

 

 

 

Code:

 

 

 

 

 

 

 

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

 

 

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

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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:

How to prepare UNAUDITED stage 1

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.

Stage no. 5 for submitting UNAUDITED

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.

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