Passions & Dreams Funding, Inc.

468 N. Camden Drive, #300 - Beverly Hills. Ca. 90210

Phone: (310) 273 1019  -   Fax: (310) 247 9378  E-Mail: contact@passionsdreams.org  www.passionsdreams.org

 

The following information is required (as applicable) in order to process your SBA loan request!  (Loans are submitted to different lenders for final funding-)

 

       Current FINANCIAL STATEMENTS on the business                                                                                   

                Last 3 years FYE FINANCIAL STATEMENTS on the business

                Last 3 years FYE TAX RETURNS on the business

                AGINGS on Accounts Receivables

                AGINGS on Account Payables

                   SCHEDULE of all Business Debt

                Monthly CASH FLOW for the 1^st year of operations

                3 Year ANNUAL PROJECTIONS with assumptions/narrative

          PERSONAL FINANCIAL STATEMENTS on all principals with 20% or more ownership in
         the  business.  Current (within 90 days)

         Last 3 years PERSONAL TAX RETURNS on all principals with 20% or more ownership in the
         business.

        RESUMES on all principals and key managers (May be included in the business plan:)
        List of ASSETS TO BE AQUIRED with loan proceeds, or detailed use of loan proceeds. 
        (Exhibit A)

                Lease, Proposed Lease, Demographic study.

                Articles of Incorporation and Corporate by-laws.

                Partnership agreement.

                Franchise offering.

                Escrow Instructions/Sales Contract/Lease Option Agreement.

                Construction Bids/Estimates.

                Fictitious Name Statement/ Business license.

                Last three months bank statements.

                Form 4 SBA Application

                Form 4L (Low Doc)                           Form 912               

               4506 Income Tax Verification           Year 200_      Questionnaire

      ________________________________________________________________                  

       __________________________________________________________________   

               

            Copy of Alien Registration Card (if not citizen)

          Copy of credit report

             Explanation by Applicant for any derogatory credit history

             New Business-Comprehensive Business plan

Fees:

Credit Report                        $30.00

Loan Processing                   $500.00.

Business plan preparation   $500.00   For new business Only 

 

Loan application, paid fees and submission to Passions & Dreams Funding, Inc does not commit the SBA to guaranteeing and a lender funding the loan. 

 

Applicant acknowledges receipt of this form and accepts terms. Return original of form together with payment, amount $_________. Make check payable to:   Passions & Dreams Funding, Inc.

 

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Applicant                        Date           Co-Applicant                                     Date