• SBA EIDL Loans

  • NOTE: You can get information directly from SBA in different Asian languages by calling 800.659.2955
    Click here Hanmi Bank info in Korean 한미은행의 코로나 지원 프로그램 설명을 한국어로 보시려면 여기를 클릭하십시오  

    Go to www.sba.gov to apply for the SBA Coronavirus Economic Injury Disaster Loan (EIDL). SBA and banks are making these loans so you can also reach out to your current bank or click to this Lender Match website to find an eligible bank. These are the five required SBA documents:

    1. IRS Form 4506-T
    2. Personal Financial Statement (SBA Form 413)
    3. Schedule of Liabilities & Fixed Assets (SBA Form 2202)
    4. Monthly Sales (SBA Form 1368)
    5. Home Loan (SBA Form 5c), if applicable
      NOTE: To access each form, press Ctrl button and double click with cursor. The document may appear behind the email message. Recommend to first “Save” each relevant document and fill in thereafter.

    Assemble these records

    1. Corporate governance documents; e.g., Articles of Incorporation, Articles of Organization (for LLC), or Registration of Sole Proprietorship
    2. Written narrative statement justifying the nature and scope of economic injury and how/why nature of business was adversely impacted by the Coronavirus ( one page/no more than two), such as loss of revenues, cancelled contracts, interrupted supply chain, etc., that resulted in economic injury
    3. Current Accounts Payable and Accounts Receivable Aging as of date of filing for the loan
    4. Three (3) years’ 1040 Federal Income Tax Returns for the business & owners
    5. Three (3) years’ company FYE Income Statement and Balance Sheet and latest YTD Financial Statements (Company prepared is acceptable)
    6. Company and Owners’ Debt Schedule Tables [e.g., Lender, original loan amt., date, current balance, interest rate (F or V?), collateral, purpose of loan, guarantors, status (e.g., current or past due with explanation) per row in table]
    7. Monthly (reasonably detailed) two (2) years’ cash flow projections
    8. Three (3) years’ Monthly Sales History up to date of filing for loan
    9. Current copies of owners’ credit reports from the three (3) credit bureaus with explanations for any negative reports
    10. Required SBA Forms (of all Owners, Co-owners & Principals owning 20% or more of the small business): IRS Form 4506-T, Personal Financial Statement (only on SBA Form 413), Schedule of Liabilities and Fixed Assets (SBA Form 2202), Monthly Sales (SBA Form 1368), Home Loan (SBA Form 5c): Links are as follows below, English & Spanish (press/hold Ctrl button and double click cursor). NOTE: Form may appear behind the email.

    SBA Disaster Home / Sole Proprietor Loan Application (paper forms)
    Please see attachments below to download corresponding forms.

    SBA Disaster Business Loan Application (paper forms)
    Below are instructions for the SBA Disaster Business Loan Application (paper forms). Please see attachments below to download corresponding forms.

    • SBA Form 5. Download, print loan application and complete.
    • SBA 159D. Fee Disclosure Form and Compensation Agreement.
    • SBA Form 1368. Download, print form and complete.
    • SBA Form 413D Personal Financial Statement. Download, print form and complete or complete version online and print.
    • IRS Form 4506-T. Download, Print form and complete or complete version online and print. Please see instructions.
    • IRS Form 4506-T Instructions. Follow example to complete form.
    • SBA Form 2202 Schedule of Liabilities. Print form and complete. This is a suggested format for the Schedule of Liabilities. The information contained in this schedule is a supplement to your balance sheet and should balance to the liabilities presented on that form. If you need assistance please see instructions.
    • SBA Form 2202 Schedule of Liabilities Instructions. Follow examples 1 through 8 for requested information. You may use your own form if you prefer. Any format is acceptable as long as it includes the information included in the instructions.

    All required documents listed in Filing Requirements must be returned. All forms requiring signature must be signed and dated. Incomplete applications will not be accepted.

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