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SBA 2202 2015-2025 free printable template

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Applicant s Name SUGGESTED FORMAT SCHEDULE OF LIABILITIES Notes Mortgages and Accounts Payable Date of Schedule Name of Creditor Original amount date Current balance delinquent Maturity Payment Month- Year How Secured Signed Title SBA Form 2202 10-15 This form is provided for your convenience in responding to filing requirements in Item 2 on the application SBA Form 5. You may use your own form if you prefer. The information contained in this schedule is a supplement to your balance sheet and...
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How to fill out schedule of liabilities form 2202

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How to fill out SBA 2202

01
Gather your financial information related to your business.
02
Download the SBA Form 2202 from the SBA website.
03
Fill out the business information section, including the legal name and address.
04
Provide details of any outstanding loans or lines of credit.
05
Enter the relevant loan details, including loan amounts and balances.
06
Complete the sections regarding your business’s payroll costs and number of employees.
07
Review the form for accuracy and completeness.
08
Submit the form online or print and mail it as required.

Who needs SBA 2202?

01
Businesses that have taken out loans under the Paycheck Protection Program (PPP) or other SBA loan programs need to fill out SBA 2202.
02
Employers who are seeking forgiveness for their PPP loans must submit this form as part of their application.
03
Businesses needing to report their outstanding debt obligations also require SBA 2202.
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People Also Ask about schedule of liabilities sba

Information that is needed for Schedule of Liabilities 1.Name of Creditor 2. Original amount due 3. Original date due 4. Current balance 5.
A business's financial obligations—like SBA 7(a) loan payments, salaries, mortgages, and deferred payments—are considered liabilities. Liabilities are deducted from a business's total equity.
3:21 4:19 So this was just one example on how to fill out a row for form 2202. First you put in the name ofMoreSo this was just one example on how to fill out a row for form 2202. First you put in the name of the creditor. The original amount that you owed and when this originated.
How to Fill out SBA Form 2202? First, the applicant has to provide their name and the date when the schedule is prepared. The first column requires the name of each creditor. The original amount due and the amount of money that has to be paid should be entered in the second column.
Information that is needed for Schedule of Liabilities 1.Name of Creditor 2. Original amount due 3. Original date due 4. Current balance 5.
Form 2202 must be completed on behalf of the subject business requesting the loan and all affiliate businesses. Affiliate businesses are defined by the SBA as any business owned 51% or more by a 20% or more owner of the subject business.

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SBA 2202 is a form used by the Small Business Administration (SBA) that collects information from borrowers regarding their loans under the Paycheck Protection Program (PPP).
All borrowers who received a PPP loan are required to file SBA 2202 to provide necessary information about their loan usage and eligibility.
To fill out SBA 2202, borrowers must provide accurate information regarding their loan amount, the number of employees retained, and the specific use of the funds, following the instructions provided by the SBA.
The purpose of SBA 2202 is to ensure compliance with the terms of the PPP loan, and to provide the SBA with the necessary information to track the usage of funds and assess eligibility for forgiveness.
SBA 2202 must report information such as the loan amount, number of employees retained, wages paid, and how the funds were used, including expenses related to payroll, utilities, rent, and mortgage interest.
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