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Financial Statement of Debtor SBA Financial Statement of Debtor 2021-2024

770 2021-2024 Form

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Instructions and help about omb no 3245 0012

hello in this video we are going to go over how to fill out the sba form 413 which is the personal financial statement that is used mostly for sba 7a and 504 loans as well as other sba loan programs that are listed here on page one we are going to start with page two and go over the very basic information name phone number address uh make sure you put in the business that you're applying for the business address the type of corporation the business is as well as the date of this of the information that you are providing now what's really important on this is you make sure that you understand that this is a personal financial statement and not a business financial statement what that means is you really need to make sure that you're putting in personal information nothing related to your business so you're not going to put in business assets or business debt or liability on this form so we're going to start here and the whole point of this is for the bank to understand your personal ass

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