SBA Loan Application Checklist (7(a) and Express)
SBA loans are document-driven. Lenders close fastest on packages that arrive complete.
SBA 7(a) is the workhorse small-business loan: up to $5M, 10 to 25 year terms, and a partial federal guarantee. SBA Express tops out at $500K with faster decisioning. Both close on document completeness.
Checklist
- Business plan with 3-year financial projections
- Last 3 years business tax returns + YTD interim financials
- Last 3 years personal tax returns for owners (20%+)
- Personal Financial Statement (SBA Form 413) per owner
- Schedule of business debt with terms
- Business and personal credit reports
- Articles of organization / operating agreement
- Real estate appraisal (if collateral involved)
- Use of funds breakdown matching the ask
Frequently Asked Questions
How PF Consulting Firm can help
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Talk with our team — we'll prepare every form, file with the right agency, and walk you through the process.