Sba Form 4 L – Fill Out and Use This PDF

The SBA Form 4 L, officially known as the Application for LowDoc Loan, is a document used by the U.S. Small Business Administration (SBA) to facilitate the application process for small business loans under its Low Documentation Program. This form requires comprehensive information from the borrower, including details about the business, loan request, indebtedness, and principals involved, aimed at ensuring a streamlined and efficient loan evaluation process. By simplifying documentation requirements, the SBA seeks to expedite the loan approval process for small businesses. For assistance in filling out the form and to understand each section thoroughly, click the button below.

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Sba Form 4 L PDF Details

The SBA Form 4 L, officially titled "Application for LowDoc Loan," serves as a critical component for small businesses in the United States seeking streamlined financial assistance. Designed by the U.S. Small Business Administration (SBA), this form facilitates a faster loan approval process tailored to the unique needs of small enterprises. The form comprehensively gathers information about the borrower, including but not limited to the business name, nature, and history, details surrounding the loan request, current indebtedness, and intricate details about the principals involved. Notably, it requires applicants to disclose any affiliations, legal standings, and personal financial status to appropriately assess eligibility and creditworthiness. The integration of sections concerning the loan's purpose, terms, and the applicant's financial obligations presents a holistic view to the lender. Additionally, the form underscores the importance of transparency and honesty in the application process, reminding applicants of the legal repercussions for fraudulent claims. Through this streamlined application, the SBA aims to expedite the lending process, thereby enabling small businesses to access necessary capital with relative ease and speed. Completed applications are submitted to the borrower's lender of choice, marking a crucial step toward acquiring financial support through the SBA's Low Documentation (LowDoc) Loan Program. This initiative underscores the SBA's commitment to supporting small businesses by simplifying the loan application process, making it more accessible and less time-consuming for small business owners.

Question	Answer
Form Name	Sba Form 4 L
Form Length	8 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	2 min
Other names	helb loan application form, loan discharge application school closure fill out online form, fill loan doc, sba gov forms

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U.S. SMALL BUSINESS ADMINISTRATION

OMB Approval No. 3245-0016

APPLICATION FOR LOWDOC LOAN

Expiration Date:

09/30/01

A. BORROWER

Please Print Legibly or Type (ALL BLANKS MUST BE COMPLETED, Use "N/A," If Blank is Not Applicable)

Business Name

Nature of Business

Trade Name (if different)

Type:

Proprietorship

Partnership

Corporation

LLC

Other

Date Business

Established

Address

Date Current Ownership Established

City

State

County

Zip

Number of employees

Mailing Address (if different from above)

Number of affiliate(s) employees

City

State

County

Zip

Total number of employees after Loan

Phone

IRS Tax ID #

Exporter?

Yes

Pre-Qual?

Yes

Business Bank

Checking Balance $

Franchise? Yes

Name

B. LOAN REQUEST

AMOUNT $

Maturity:

Purpose:

Have you employed anyone to prepare this application?

Yes

If Yes, how much was paid? $

How much do you owe? $

Name of Packager

Packager's Tax ID No. or Social Security No.

C. INDEBTEDNESS: Furnish information on ALL BUSINESS debts, contracts, notes and mortgages payable. Indicate by an (*) items to be paid by loan proceeds.

To Whom Payable

Orig. Amount

Orig. Date

Cur. Balance

Int. Rate

Maturity Date

Pmt. Amt.

Pmt Frequency

Collateral

Status

D. PRINCIPALS: Submit all information in this section for each principal of the business. Use separate attachments for each principal.

Full Name

Phone

Social Security Number

Title

Address

City

State

Zip

Date of Birth

Place of Birth (City, ST or Foreign Country)

U.S. Citizen? Yes

If No, Alien reg. #

Percentage Owned

Veteran *:

Non-Veteran

Vietnam Era Veteran ,

Other Veteran

Gender *:

Female

Male

Race*:

African American

, Puerto Rican

, Native American

Hispanic

, Asian/Pacific Islander

, Eskimo & Aleuts

, Caucasian

, Multi-Ethnic

*This data is collected for statistical purposes only. It has no bearing on the credit decision. Disclosure is voluntary.

PERSONAL FINANCIAL STATEMENT: Complete for all principals with 20% or more ownership.

Liquid Assets $

Ownership in Business $

Real Estate $

Assets Other $

Total Assets $

Liabilities Real Estate $

Liabilities Other $

Total Liabilities $

Net Worth (less value of business) $

Annual Salary $

Other Source of Repayment $

Source

Residence: Own

Rent

Other

Mthly Housing $

PREVIOUS SBA OR OTHER GOVERNMENT FINANCING: For all owners, principals, partners, and affiliates.

Borrower Name

Name of Agency

Loan No.

Date

Amount

Balance

Status

ELIGIBILITY AND DISCLOSURES:

Are you or your business involved in any pending lawsuits?

Yes

If Yes, provide the details as Exhibit A.

II.

Do you or your spouse or any member of your household, or anyone who owns, manages, or directs your business or their spouses or members of their households work

for the Small Business Administration, Small Business Advisory Council, SCORE or ACE, any Federal Agency, or the participating lender? Yes

If Yes, please provide the name and address of the person and the office where employed. Label this Exhibit B.

III.

Affiliates: Do you or the applicant business have any interest in any other business as owner, principal, partner or manager?

Yes

If Yes, please provide

details to Lender.

IV.

Are you: (a) presently under indictment, on parole or probation,

Yes

or (b) have ever been charged with or arrested for any criminal offense other than a

minor motor vehicle violation (including offenses which have been dismissed, discharged, or nolle prosequi) Yes

or (c) convicted, placed on pretrial

diversion, or placed on any form of probation including adjudication withheld pending probation for any criminal offense other than a minor vehicle violation?

Yes

If Yes to any"IV" question, Lender must submit application to local SBA Office for processing under the regular 7(a) program.

I have received and read SBA Form 1261, STATEMENT REQUIRED BY LAW AND EXECUTIVE ORDER.

If you knowingly make a false statement or overvalue a security to obtain a guaranteed loan from SBA you can be fined up to $10,000 and/or imprisoned for not more

than five years under 18 U.S.C.1001; if submitted to a Federally insured institution, under 18 USC 1014 by Imprisonment of not more than twenty years and/or a fine

of not more than $1,000,000. I authorize the SBA's Office of Inspector General to request criminal record information about me from criminal justice agencies for the

purpose of determining my eligibility for programs authorized by the Small Business Act, as amended.

VI.

Signature

Date

E. SIGNATURE

I authorize SBA/Lender to make inquiries as necessary to verify the accuracy of the statements made and to determine my creditworthiness. I agree that if SBA approves this loan application I will not, for at least two years, hire as an employee or consultant anyone that was employed by the SBA during the one year period prior to the disbursement of the loan. And, I hereby certify that: (1) as consideration for any Management, Technical, and Business Development Assistance that may be provided, I waive all claims against SBA and its consultants, (2) all information contained in this document and any attachments is true and correct to the best of my knowledge.

Print Name		Date
Print Name		Date
Signature		Title
Signature		Title
If Corporation, Attested By:
If Corporation, Attested By:	Signature of Corporate Secretary
	Signature of Corporate Secretary

SBA Form 4-L (3-00) Previous Editions are Obsolete

SUBMIT COMPLETED APPLICATION TO LENDER OF CHOICE

This form was electronically produced by Elite Federal Forms, Inc.

How to Edit Sba Form 4 L Online for Free

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Step 1: The initial step requires you to select the orange "Get Form Now" button.

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Prepare the sba application lowdoc administration form PDF by providing the details required for each section.

In the area This data is collected for, D PERSONAL FINANCIAL STATEMENT, Liquid Assets, Ownership in Business, Real Estate, Assets Other, Total Assets, Liabilities Real Estate, Liabilities Other, Total Liabilities, Net Worth less value of business, Annual Salary, Other Source of Repayment, Source, and Residence Own provide the particulars that the platform requests you to do.

The system will request for more details as a way to automatically complete the area I authorize SBALender to make, Print Name, Signature, If Corporation Attested By, Signature of Corporate Secretary, Date, Title, SBA Form L Previous Editions are, SUBMIT COMPLETED APPLICATION TO, and This form was electronically.

sba forms I authorize SBALender to make, Print Name, Signature, If Corporation Attested By, Signature of Corporate Secretary, Date, Title, SBA Form L Previous Editions are, SUBMIT COMPLETED APPLICATION TO, and This form was electronically blanks to fill

Through section F LENDER, Please Print Legibly or Type ALL, LENDERS APPLICATION FOR GUARANTEE, Name of Lender, Lenders Address, Phone, Fax, Business Name, City, Agreement Date, G LOAN TERMS The following section, Applicant SIC Code, State, Zip, and SBA Guarantee, state the rights and responsibilities.

Finish by looking at these sections and filling them out accordingly: BALANCE SHEET, INCOME STATEMENT, Pro Forma, Interim, Year End, As of, No of Interim Mos, Prior FY, Current, Projected, ASSETS, LIABILITIES, Cash Equivalent, Net Trade Rec, and Inventory.

BALANCE SHEET, INCOME STATEMENT, Pro Forma, Interim, Year End, As of, No of Interim Mos, Prior FY, Current, Projected, ASSETS, LIABILITIES, Cash Equivalent, Net Trade Rec, and Inventory in sba forms

Step 3: As soon as you click the Done button, the completed document is easily transferable to all of your devices. Alternatively, you can easily send it by means of mail.

Step 4: It could be more convenient to maintain copies of your form. You can rest easy that we are not going to reveal or check out your particulars.

Sba Form 4 L – Fill Out and Use This PDF

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