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Small Business Learning Center

SBA Loan Documents: What You Will Need

Paperwork! It’s a necessary evil for all small business owners. And if you have decided to apply for a small business loan from a bank, the process may bring with it a flurry of required information. Do you know the information needed to complete a ...

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1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process and matched with a lender who is likely to fund your loan

2. Numbers based on internal reporting and metrics

3. Based on FY2020 SBA loans data released by the SBA for SBA 7(a) loans under $350,000

4. This calculator is a tool meant to help you estimate monthly payment amounts based on the information you enter. The monghtly payment provided is an estimate meant for illsutrative purposes only, loan sizes, interest rates, and loan terms vary and are deermined by the applicaint's credit profile.