SBA 7(a) Borrower Information Form 2025

Get Form
SBA 7(a) Borrower Information Form Preview on Page 1

Here's how it works

01. Edit your form online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
Send it via email, link, or fax. You can also download it, export it or print it out.

How to edit SBA 7(a) Borrower Information Form in PDF format online

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2

Handling paperwork with our comprehensive and intuitive PDF editor is easy. Adhere to the instructions below to fill out SBA 7(a) Borrower Information Form online quickly and easily:

  1. Sign in to your account. Log in with your email and password or create a free account to test the product before upgrading the subscription.
  2. Upload a document. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
  3. Edit SBA 7(a) Borrower Information Form. Quickly add and underline text, insert images, checkmarks, and signs, drop new fillable areas, and rearrange or remove pages from your paperwork.
  4. Get the SBA 7(a) Borrower Information Form accomplished. Download your updated document, export it to the cloud, print it from the editor, or share it with others through a Shareable link or as an email attachment.

Benefit from DocHub, the most straightforward editor to quickly manage your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
To apply for an SBA 7a loan, you will need to provide Personal Tax Returns, an Image of Drivers License or Government-issued ID, a Personal Financial Statement or SBA Form 413, Agreement to purchase the business, Letter of Intent to buy the business, Business tax returns from the past three years, Outstanding business
The minimum credit score required for the SBA 7(a) business loan is 650. The 7(a) loan is the most in demand SBA loan program to date. It guarantees small business owners up to $750,000 of working capital from their local 7(a) lender, with a partial guarantee from the Small Business Administration.
SBA 7a Loan Forgiveness. This reduces the amount of money youll have to repay, though the exact amount varies depending on the loan size and your current financial situation.
The 7(a) Loan Program, SBAs primary business loan program, provides loan guaranties to lenders that allow them to provide financial help for small businesses with special requirements. 7(a) loans can be used for: Acquiring, refinancing, or improving real estate and buildings.
SBA loan down payment requirements SBA loan programLoan amountMinimum down payment SBA 7(a) loans up to $500,000 Up to $500,000 None SBA 7(a) loans over $500,000 Up to $5,000,000 10% if the loan is being used for a complete change of ownership SBA 504/CDC loans Up to $5,500,000 10% to 20% SBA CAPLines Up to $5,000,000 None3 more rows Feb 20, 2025

People also ask

Revenue: At least $50,000 on average, annually Businesses must have at least $50,000 in average annual revenue to qualify for an SBA 7(a) working capital loan. Your loan size will vary based upon the amount of your revenue. Generally speaking, higher revenue amounts translate into higher loan amounts.

Related links