Posts tagged SBA Form 770
What Is SBA Form 770?

SBA form 770 is a Financial Statement of Debtor. It can be downloaded from the SBA here. You will need to download and complete this form when applying for a 504 loan, as well as for other SBA loans, such as the 7(a) loan. According to the SBA, “The primary purpose of collecting this information is to evaluate the debtor’s financial capacity to repay the debt owed to the Agency and determine to what extent the Agency may compromise the debt, maximize recovery, and protect the interests of the Agency.”

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