BUSINESS LOAN INFORMATION CHECKLIST

To assist you in gathering the required documentation for your loan, here is a document list that lenders  often refer to in analyzing a loan request. This list is extensive, but the information is important and will help you prepare to discuss your needs:

• Personal Financial Statement
• Business Loan Application (online version)
• Last three years Personal 1040 Tax Return (Federal only, all pages).
• Last 2 years W-2
• Last Three Years Partnership Tax Return (Federal only, all pages, all K-1 Schedules)
• Last 3 years Corporation Tax Return (Federal only, all pages, all K-1 Schedules)
• Fiscal Year-End Financial Statements for the business entity_____
• Interim Financial Statement (balance sheet and income statement)
• Accounts Receivable Aging Report as of Interim date
• Accounts Payable Aging Report as of Interim Date
• Work-In-Progress Report (WIP) as of Interim Date
• Corporate Resolution/Minutes Appointing Officers
• Articles of Organization/By Laws
• Statement of Information (LLC-1)
• LLC Operating Agreement
• Partnership Agreement
• Tax ID # __________________________
• Living Trust (Title Page, Powers of Trustee, Successor Trustee, Signature Page)
• Insurance: Commercial, Residential, business Personal Property
• Shareholder Note (Specific Terms and Conditions)

PERSONAL LOAN INFORMATION CHECKLIST

• Personal Financial Statement
• Consumer Loan Application (online version)
• Last three years Personal 1040 Tax Return (Federal only, all pages).
• Last 2 years W-2
• Tax ID # __________________________
• Living Trust (Title Page, Powers of Trustee, Successor Trustee, Signature Page)