For those who are still looking to file or understand why their loan got declined let's review the SBA schedule liabilities form 2202. I'm sorry to interrupt you while you're interrupting me my hot flash has passed so let's get back to business welcome to the replay we're so glad you're here there are some documents that are maybe somewhat mysterious and vital, and they've been improperly completed or not filed at all. Bottom line with documents, and we just posted a blog today about how to upload documents to the SBA or to a lender that you're applying a loan for number one is PDFs.pdf. Number two is donen't send uh you know if you've got bank statements tax returns an IRS form photo ID and voted check don't just put it into one batch and just upload it you know with that scanning number that comes through your scanner you know 360 753125 hundred 9578 break out the documents and label them individually. Yes it may take five or ten minutes versus one minute, but we're talking about a lot of money that could help your business, and it's the difference between getting it not getting it sooner or getting it later. Imagine you're on the SBA side or the lender's side, and you're the loan processor or the loan officer, and you get this batched up because I promise you here at aurora consulting a lot of our clients submit the documents this way even though we keep saying please don't you have to spend all this time to break out those documents. Decades of experience I watched other loan officers complain about how long their loans were taking to get processed, and then you know when I would talk later on to the processor or the...
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What you should know about Sba form 2202 fillable
- Used to list notes, mortgages, and accounts payable
- Supplement to the balance sheet
- Must balance with the liabilities on the balance sheet
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About SBA 2202 2025 Form
SBA 2202 2025 Form is a document used by the United States Small Business Administration (SBA) to provide financial assistance to eligible small businesses impacted by a declared disaster. The form is used to evaluate the creditworthiness of the applicant and to determine their eligibility for various loan programs. The SBA 2202 2025 Form is required for small businesses that have been affected by disasters, including natural disasters such as hurricanes, floods, and wildfires, and man-made disasters such as terrorist attacks and civil unrest. The form is used by small businesses seeking financial assistance to help them recover from the damage caused by the disaster. The SBA provides loans to eligible small businesses to help them replace or repair damaged property, make necessary upgrades, and cover temporary operating expenses until business operations return to normal. The SBA 2202 2025 Form is an important document for small businesses seeking disaster assistance, and it is important to fill it out accurately and completely to ensure eligibility for assistance.
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