Small Business Loan Application

Small Business Loan Application
As you prepare to submit the Small Business Loan Application, refer to the corresponding tasks and resources listed below (Hub / Curriculum / Finance):

FIN Task 2 - Create a Detailed Budget to Determine Financial Needs
FIN Task 3 - Identify Sources of Debt and Equity Financing
FIN Task 4 - Apply for a Small Business Loan
Contact Information
Firm Name
Employer Identification Number (PF Code)
Your firm's PF Code (Go to Hub / Marketplace Tools / Firm Admin on the top left)
Firm Contact Email
example@example.com
Facilitator Email
example@example.com
School Name
Please select your VE Region:
Street Address
City
State
ZIP
Please choose one of the following
Form Completed By:

First NameLast Name
Position Title:
Loan Request
New firms may apply for a maximum of up to three (3) months of operating expenses + one time expenses (initial inventory and/or fixed assets). The maximum loan amount is $150,000.

Existing firms may apply for a maximum of up to three (3) months of operating expenses. The maximum loan amount is $120,000.

Information on recording this transaction on QuickBooks for the Balance Sheet can be found on Hub / Curriculum / ACCT Task 3 - Record Income in QuickBooks.
Type of Firm:
Loan Amount Requested
Exclude dollar sign
Please select your preferred loan rate
Please provide an overview of your business concept or idea. What products or services will your company offer? Why is there a need for this? What problem are you solving?
Describe your company's target market. Be specific! Who, exactly, will be your customer? Include Demographic, Geographic, and/or Psychographic attributes.
Describe the basics of your company's marketing plan: Product, Price, Placement, Promotion
Supporting Documents
Loan Request Letter

Templates can be found on Hub / Curriculum / FIN Task 4
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Completed Loan Amortization Table

Templates can be found on Hub / Curriculum / FIN Task 4
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Completed Startup Budget Template or Completed Cash Budget

Templates can be found on Hub / Curriculum / FIN Task 2
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Signature of Facilitator

Attestation that the facilitator has reviewed all 3 uploads for the Small Business Loan.
Should be Empty:

Small Business Loan Application

Contact Information

Loan Request

Supporting Documents