SBA Resource Center

Loan Checklist

A Bank of the Sierra Loan Officer works with you to select the best program and helps you through the loan process. The following will assist us in preparing for your loan.

X	Document	Description
	Application	Complete, state amount needed & purpose of funds
	Personal Financial Statements (PFS)	You and anyone owning 20% or more is to complete a PFS
	Profile	Type of business, length of time in operation, annual sales, number of employees, and locations
	Collateral	Description, age and percentage of ownership
	Cash-Flow Projections	Expected growth projections in annual sales and cash
	Balance Sheet* (B/S)	3 years (end of fiscal period) Balance Sheet, current YTD Interim Statements
	Income Statements* (I/S)	3 years (end of fiscal period) Income Statements, current YTD Interim Statements
	Tax Returns	3 years
	Aging Accounts Receivables & Payables	30-60-90-day categories corresponding to End-of-Year or Interim Statements

* Audited if possible