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How to fill out SBA Form 413 Fill out personal and business contact information. List your assets and calculate total value. Add your liabilities. List sources of income. List any contingent liabilities. Share additional information about assets and liabilities.
What is a personal financial statement 413?
SBA Form 413, formally titled Personal Financial Statement, is a document that the U.S. Small Business Administration uses to assess the creditworthiness and repayment ability of its loan applicants. This form collects information about your personal finances, such as assets, liabilities and sources of income.
How to make a personal financial statement?
How To Create A Personal Finance Balance Sheet Gather Financial Documents. Getting all your financial documents ensures you have accurate information. Make Or Use A Free Personal Financial Statement Template. List Your Assets. List Your Liabilities. Categorize The Information And Add Up The Values. Determine Your Net Worth.
Where do you put credit card debt on a personal financial statement?
Installment Account Other : Enter amount of the present balance of the debt that you owe for other installment account. Please be sure to indicate the total monthly payment in the space provided. For example, include the balances of all credit card debts in this line.
What does a personal financial statement tell you?
Personal financial statements can be for individuals or households, and they commonly include two parts: A balance sheet that lists a persons assets, liabilities, and net worth. An income statement that shows sources of income and total annual income.
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The Auto Loan Statement is a recurring financial statement furnished by a lender to a borrower, offering a concise overview of the car loan, encompassing payment history, outstanding balance, and pertinent financial particulars.
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SBA Form 413 (7a/504/SBG) (01-18) Previous Editions
SBA uses the information required by this Form 413 as one of a number of data sources in analyzing the repayment ability and creditworthiness of.
Feb 13, 2025 SBA form 413. Personal Financial Statement. SBA uses this form to assess the financial situation of applicants for multiple SBA programs and
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