The Necessary Paperwork You Need to Hand in an SBA Loan Application: Birth certificate apostille. Texas apostille. Certification for document.

• Copy of Purchase Contract
• Copy of management resumes for each applicant owning 20% or more of business signed and dated-you can use the one in the SBA application
• Copy of personal tax returns for 2000,1999,1998 signed and dated for each applicant owning 20% or more of the business
• Personal financial statement, signed and dated, for each applicant owning 20% or more-you can use the one in the SBA application
• Corporate tax returns of business for seller 2000,1999,1998 signed and dated.
• Business plan including products and services, location,demographics, # of employees, customer base.
• Copy of green card if applicable front and back.
• Name address and phone # of banker,accountant and attorney.
• Check for $1,000 or more, refundable if loan is declined.
• Interim financial statement for sellers business up to the last quarter of the current year (9/30/2001).
• Aging of receivables and payables if applicable.
• Last 3 years of tax returns for any other business that the borrowers currently owns.
• Copy of personal bank statements for the last two months showing cash to buy the business.
• Seller to fill out 4506 IRS tax form (requesting 3 years of originals tax returns from the IRS.
• Buyers gift letter if the down payment is coming from a relative.
• Life insurance on buyer as requested by SBA - Mass Mutual – Robyn McGloin 561-279-2551
• This information was provided by CIT Small Business Lending.