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SBA Has Released New Borrower Application Form for Schedule C ... 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by selecting your business type: Sole proprietor, Independent contractor, or Self-employed individual. Fill in your DBA or tradename if applicable.
  3. Enter your Business Legal Name, NAICS Code, and Business Address (Street, City, State, Zip Code). Ensure no P.O. Box addresses are used.
  4. Provide your Business TIN (EIN, SSN, ITIN) and Business Phone number. Include the Primary Contact's name and Email Address.
  5. Input the Total Amount of Gross Income from IRS Form 1040, Schedule C, Line 7. Specify the Year of Establishment if applicable.
  6. Indicate whether you meet the size standard by checking the appropriate box regarding employee count or industry standards.
  7. Complete the sections regarding Average Monthly Payroll for Employees and Purpose of the Loan by selecting all that apply.
  8. List all owners with 20% or more equity in the Applicant. Attach additional sheets if necessary.
  9. Review all information for accuracy before signing at the bottom of the form to certify your application.

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