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SBA 7A & 504 LOAN APPLICATION SUPPORT

The Wynners Club works to prepare, support, and source SBA small business loans.  We source SBA loans exclusively because they offer the best terms and stability for those in the market for a business loan.

In order to qualify to complete the SBA 7A loan application you must have:

  • Borrower Information Form 

  • Personal Background and Financial Statement

  • Business Financial Statement

    • FYE Income Statement (last 3 years)

    • FYE Balance Sheet (last 3 years including a detailed debt schedule)

    • Interim Balance Sheet

    • Interim Income Statement 

    • Reconciliation of Net Worth

    • Projected Financial Statement (includes month to month cash flow projections)

  • Business Certificate/License

  • Loan Application History 

  • Income Tax Returns (3 years)

  • Resumes

  • Business Overview and History

  • Business Lease

In order to qualify to complete the SBA 504 loan application you must have:

  • Business tax returns for the previous three years 

  • Personal tax returns for the previous three years

  • Personal history statement

  • Personal financial statement

  • Personal budget analysis

  • Business financial statements for the previous three years

  • Business debt schedule

  • Interim financial statement (signed and dated, and including balance sheet and income statement dated within the previous two months)

  • Accounts receivable aging (dated within the previous two months)

  • Accounts payable aging (dated within the previous two months)

  • Complete business plan

  • One year of financial projections with assumptions

  • Purchase agreement

  • Written estimate from a contractor if the loan is for construction

  • If you are using gift funds, you will need to provide a gift letter

  • Previous government financing schedule

  • Environmental impact questionnaire

  • Documents pertaining to the ownership of other businesses and their finances (if applicable)

  • Copy of loan agreement and SBA authorization if you have another SBA loan