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Click ‘Get Form’ to open it in the editor.
Begin by entering the Small Business Borrower Name and Lender Name at the top of the form. This identifies the parties involved in the loan request.
In the 'Purpose of Loan' section, clearly describe the intended use of funds. This helps establish eligibility for specific SBA programs.
Answer the eligibility questions regarding business operation and public availability. Ensure you select 'Yes' or 'No' accurately as this determines loan eligibility.
Complete sections A through H, providing detailed information about size standards, associates, terms of the loan, and any special program requirements. Each section has specific fields that must be filled out correctly.
Review all entries for accuracy before signing and dating the form at the bottom. This ensures compliance with SBA submission requirements.
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