What is the name of your business?

issuing time: 2022-05-14

We are a small business with no outside funding. We have never filed for bankruptcy or had any other legal issues. Our credit score is excellent.

Are you a for-profit entity?

If you are a for-profit entity, your business may not be eligible for a personal property loan. This is because the Federal Reserve Board generally requires that banks lend money only to businesses that are not for profit. There are exceptions to this rule, but they are very limited. If you are unsure whether your business is considered to be for profit, you can contact your bank or the Federal Reserve Board.

How many employees does your business have?

There are a few things that would disqualify you from getting a personal loan. If your business has less than five employees, for example, you may not be able to get the loan because it's considered an unprofitable venture. Additionally, if your credit score is below 600 or if you have any outstanding debts, this could also disqualify you from obtaining a personal loan. Finally, if your business is in Chapter 11 bankruptcy or receivership, it will also preclude you from getting a personal loan.

What is your business' physical address?

  1. If your business does not have a physical address, it is unlikely to be approved for a personal property loan.
  2. A business with no physical address is more likely to go out of business quickly and may not be able to repay its loans.
  3. A business without a physical address may also be unable to collect on its debts if it goes bankrupt.
  4. A business without a physical address may also be subject to fraud or theft if it does not have an identifiable location for customers or creditors to contact them.

Is your business currently operational?

A business must be operational in order to qualify for a personal property loan. This means that the business must have been in operation for at least six months and must be generating revenue. Additionally, the business must have a current financial statement that shows positive net worth. If any of these conditions are not met, then the business may not be able to qualify for a personal property loan.

What industry does your business belong to?

  1. If you have a poor credit history, you may not be approved for a personal loan from a private lender.
  2. You may not be approved for a personal loan if your business is in an industry that is considered high-risk, such as real estate or gambling.
  3. You may also not be approved for a personal loan if you have had past financial problems.
  4. Finally, you may not be approved for a personal loan if you are already in debt or have insufficient income to cover the costs of borrowing money.

Have you applied for a disaster relief loan from the SBA before?

If you have ever been convicted of a felony, you are disqualified from receiving any federal financial assistance. This includes loans from the SBA and other government-backed lenders. Additionally, if your credit score is below 640, you will also be disqualified from most types of loans. Finally, if you have had an account closed in the past due to nonpayment or bankruptcy, you may also be ineligible for a loan from the SBA.

Do you have any outstanding judgments or tax liens against your business?

Do you have any liens against your personal property?Do you have any unpaid debts or obligations?Are you in bankruptcy or have had a chapter 7, 11, or 13 filed against you in the past two years?Have you been convicted of a felony within the last five years?Are you considered “high-risk” by your bank?Do any of the above disqualify you from obtaining a loan from us?

There are many factors that could disqualify someone from getting a loan from PPP. Some of these include having judgments or tax liens outstanding against their business, having liens on their personal property, having unpaid debts or obligations, being in bankruptcy or having had a chapter 7, 11, or 13 filed against them in the past two years. Additionally, if someone is considered “high-risk” by their bank they may also be disqualified. Finally, if anyone has been convicted of a felony within the last five years they may also be disqualified.

Has your business filed for bankruptcy in the past year?

There are a few things that would disqualify you from getting a personal loan through PPP. If your business has filed for bankruptcy in the past year, this could be a major issue. Additionally, if your credit score is below 660, this could also be an obstacle to obtaining a loan. Finally, if you have had any recent liens or judgments placed against you, these could also prevent you from qualifying for a personal loan through PPP.

Do you or any of your owners have a felony conviction on record?

There are a few things that would disqualify you from getting a personal loan through PPP. If you or any of your owners have a felony conviction on record, this could be a major problem. This means that you may not be able to get approved for the loan and could end up losing out on valuable financing options. Additionally, if your credit score is low, lenders may also be unwilling to give you the loan due to the increased risk involved. In either case, it's important to speak with an experienced financial advisor to see if there are any other options available to you.

Do any of your owners currently owe money to the federal government?

If you have delinquent taxes, you may not be eligible for a private mortgage.

Additionally, if your credit score is below 660, you may not be approved for a loan.

Finally, if you have had more than two liens placed against your property in the past five years, you may not be approved for a loan.

Will this loan be used for illegal activity, such as drug trafficking or money laundering?

If you have a criminal record, you may not be eligible for a personal loan. This includes any convictions for crimes such as drug trafficking or money laundering. Additionally, if your credit score is below 660, you may also not be approved for a personal loan.

By signing this application, I certify that all information provided herein is true and accurate to the best of my knowledge.?

There are a few things that can disqualify you from getting a personal loan.

  1. You have bad credit.
  2. You don't have enough money saved up to cover the cost of the loan.
  3. You don't have a good history of paying your bills on time.
  4. You've had trouble borrowing money in the past.