Lenders and the SBA use Form 413 to assess your creditworthiness and ability to repay a loan, so getting it right is key to approval.
What is SBA Form 413?
How to complete the SBA Form 1919 Fill in your business identifying information for Section I. Complete questions in Section I (questions 1 16) Review Section I: sign and date. Fill in your principal identifying information for Section II. Complete questions in Section II (questions 17 26)
How to fill out SBA 1919?
The new SBA Form 1919 removed questions about past criminal history and replaced them with a question on whether the Applicant or any Associate of the Applicant is presently incarcerated, on probation, on parole or presently subject to an indictment for a felony or any crime involving financial misconduct or false
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PERSONAL FINANCIAL STATEMENT
Complete this form for: (1) each proprietor, or (2) each limited partner who owns 20% or more interest and each general partner, or (3) each stockholder owning.
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