1. Nature of the business
2. Amount and purpose of the loan
3. Proposed repayment terms
4. Security of collateral (listed with market value estimates and quotes on cost of equipment to be purchased with loan proceeds.)

Personal Information (on all corporate officers, directors, and any individuals owning 20 percent or more of the business)

1. Education, work history, and business experience (resume)
2. Credit references
3. Income tax statements (last three years)
4. Financial statements (not over 60 days old)

Business Information (whichever is applicable: A, B, or C)

1. New Business
   
   1. Business plan (see Business Plan Checklist)
   2. Liability and casualty insurance coverage
   3. Lease agreement
   4. Partnership, corporation, or franchise documents (as applicable)

2. Business Acquisition (buyout)
   
   1. Information on acquisition
      1. Business history (including seller's name, reason for sale)
      2. Current balance sheet (not over 60 days old)
      3. Current profit and loss statement (not over 60 days old)
      4. Business financial statements (past three to five years)
      5. Federal income tax returns (past three to five years)
      6. Copy of sales agreement with breakdown of inventory, fixtures, equipment, licenses, goodwill and other assets included in the layout
      7. Description and dates of permits already acquired
      8. Lease agreement
   2. Business plan (see Business Plan Checklist)
   3. Liability and casualty insurance coverage
   4. Lease agreement
   5. Partnership, corporation, or franchise documents (as applicable)

3. Existing Business Expansion
   
   1. Information on existing business:
      1. Business history
      2. Current balance sheet (not over 60 days old)
      3. Current profit and loss statement (not over 60 days old)
      4. Cash flow statements (past year)
      5. Business financial statements (past three to five years)
      6. Federal income tax returns (past three to five years)
      7. Lease agreement
   2. Business plan (see Business Plan Checklist)
   3. Liability and casualty insurance coverage
   4. Lease agreement
   5. Partnership, corporation, or franchise documents (as applicable)

Projections

1. Profit and loss projection (with explanation of all assumptions):
   Monthly for one year
   Annually for the term of the loan
2. Cash flow projection (with explanation of all assumptions):
   Monthly for one year
   Annually for the term of the loan
3. Projected balance sheet (with explanation of all assumptions):
   One year after loan