Fillable SBA Form 770: Financial Statement of Debtor 2026

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The document is a financial statement form for debtors applying for loans from the U.S. Small Business Administration (SBA). It collects personal and financial information, including income, expenses, assets, liabilities, and employment details of the applicant and their spouse. The form also includes sections for reporting dependents, real estate ownership, life insurance policies, and any legal obligations. It emphasizes the importance of accurate reporting under penalty of law and provides guidance on privacy regarding social security numbers.

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Click ‘Get Form’ to open the Fillable SBA Form 770 in our editor.
Begin by entering your name, date of birth, and address in the designated fields. Ensure accuracy as this information is crucial for identification.
Fill in your occupation and phone number. This helps provide context regarding your financial situation.
Complete the income section by detailing your monthly income sources such as salary, commissions, and any other income. Sum these amounts for a total.
Proceed to list your fixed monthly expenses including rent, utilities, and debt repayments. This will give a clear picture of your financial obligations.
In the assets section, itemize all valuable properties you own, ensuring to include fair market values for each asset listed.
Review all entries for accuracy before signing and submitting the form electronically through our platform.

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What is a 770 form?

Form 770 is the financial statement of debtor that is used by SBA servicing centers for actions that require current financial information for a specific borrower or debtor.

What is a financial statement of a debtor?

The purpose of this Statement of Finances is to determine the debtors financial situation so that satisfactory payment arrangements to clear the arrears can be made. The statement provides a sworn summary of the debtors income, expenses, assets and employment.

Does SBA require financial statements?

Application requirements for an SBA loan often include: The last three years of business and personal tax returns. SBA application documents. Personal financial statements.

How to fill out an SBA financial statement?

How do you fill out SBA Form 413? Gather required documents. Select the SBA loan type or program. Enter business and personal information. Add your assets and their value. Add your liabilities and their value. List income and any contingent liabilities. Add any additional details. Review the form, sign and date.

What is the financial statement of debtor for SBA Form 770?

The primary purpose of SBA Form 770 is to evaluate the debtors financial capacity to repay the debt owed to the Agency and determine to what extent the Agency may compromise the debt, maximize recovery, and protect the interests of the Agency.

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