Forms
SBA 504 and 7(a) Loan Program Forms:
SBA 7(a) Loan Forms:
Who Should Complete?
- Owners of 20% or more of the applicant business
- Personal Guarantors
- A joint statement is required if married

Who Should Complete?
- All owners of 20% or more of the applicant business and/or operating company
- If you are not a U.S. Citizen, you will need to attach a copy of your Registration Card
- All officers of the applicant business
- Any person hired by applicant to manage day-to-day operations

- This form is required by all applicant businesses
- Your NYBDC loan officer will complete the upper portion of this form for each company you own
- The form must be signed by the President of the company

Your NYBDC loan officer will assist you in completing the top portion of this form.

This form shows a list of your business loans; mortgages, equipment loans, vehicle loans, lines of credit, etc.
Who Should Complete?
- Seperate schedules should be completed for the applicant business, as well as the affiliated businesses

This is a simple resume format. If you have your own resume format that will be acceptable.
Who Should Complete?
- Owners of 20% or more of the applicant business
- Any person hired by the applicant to manage day-to-day operations

This form is to be used for a loan that will have an SBA Guarantee, it is not needed for a 504 Loan.

SBA 504 Loan Forms:
This form is to be used for a 504 Loan only. The borrower only completes Section C. Section C begins on page 8 and requires signatures on page 11. This form is usually completed towards the end of the application process.
Who Should Complete?
- Applicant Business Owner
- This will be partially pre-filled out by your NYBDC Loan Specialist

Who Should Complete?
- Owners of 20% or more of the applicant business
- Personal Guarantors
- A joint statement is required if married

Who Should Complete?
- All owners of 20% or more of the applicant business and/or operating company
- If you are not a U.S. Citizen, you will need to attach a copy of your Registration Card
- All officers of the applicant business
- Any person hired by applicant to manage day-to-day operations

- This form is required by all applicant businesses
- Your NYBDC loan officer will complete the upper portion of this form for each company you own
- The form must be signed by the President of the company

This form shows a list of your business loans; mortgages, equipment loans, vehicle loans, lines of credit, etc.
Who Should Complete?
- Seperate schedules should be completed for the applicant business, as well as the affiliated businesses

This form is for a 504 Loan, only when there is new construction of a building or the expansion of an existing building. The form would be signed by the borrower's building contractor or architect and confirms that the plans meet the federal seismic standards in the building code. This letter would be signed after the building is completed.

Latest News
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Loan Closings: Week of April 16, 2018
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