El Paso County Business Loan Fund Application Checklist
Please provide the information below:
- Commercial Loan Application (pdf)
- Key Cost Documents:
-Purchase Agreement with Addendum’s
-Current or Proposed Lease
-Landlord Outlining Proposed Terms
-Contractor’s written estimates or bids if applicable
-Equipment bids with Invoices or Purchase Orders - Personal Financial Statement (pdf)
- Credit Report(s)
- Personal Budget Analysis (Excel document)
- Management Resume(s) (pdf)
- Interim Financial Statement, to include balance sheet and income statement dated within 60 days of application. (MUST be signed and dated.)
- Business Debt Schedule (Excel document)
- Complete Business Plan, including one year of projections with assumptions. Mandatory for new business
- Business Acquisition Loan (If applicable):
-Seller’s Business Tax Returns for prior three years or Seller
-Certified Financial Statements
-Seller’s Interim Financial Statement to include balance sheet and income statement dated within 60 days of application
-Copy of signed business purchase agreement including asset cost breakdown, all amendments, extensions, and total purchase price - Affiliated Companies (If applicable):
-Description of Affiliates
-Percentage of Ownership in Affiliates
-Affiliate Business Tax Returns for prior three years
–Affiliate Business Debt Schedule (Excel document)
-Interim Financial Statement to include balance sheet and income statement dated within 60 days of application - Articles of Incorporation, or other documents of legal identity
- Miscellaneous
- Tax Returns: Business & Personal
Including all schedules for prior 3 years