Loan Application


  Loan Checklist for Existing Business
 

þ

Business Credit Application 
  þ Personal Financial Statement for each principal of business 
  þ Use of Funds Statement
  þ Copy of the last 3 years Personal Federal Tax Returns (1040) for each business owner (including all schedules and K-1's)
  þ Copy of the last 3 years Business Tax Returns (1120, 1120S, 1065 etc.)
  þ Copy of of the last 3 years Fiscal Year-End Business Financial Statements
  þ Copy of the most recent interim Business Financial Statement (if more than 90 days since fiscal year end)
  þ Profit & Loss Projection for one (1) year
  þ Business History, Experience and Resume on Principal Management Team
  þ Current Number of Employees
  þ Number of Jobs to be Created and Filled by Person(s) from Low-To-Moderate Income Families and Planned Time Frame
  þ Copy of 3 most recent Business Bank Statements
  þ Photograph of Place of Business
  þ PDC Hold Harmless Agreement
  þ Fictitious Name Filing, if applicable
  þ Articles of Incorporation, Partnership Agreement, Trust Agreement, if applicable

 

 


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