We have received your loan application

 

Thank you for your SBA Relief Fund request. We have received your application for Government Funding Relief and will be reviewed by a member of our staff momentarily. Please note that due to very high volume, there may be some delays, and all applications are reviewed in the order in which they are received. If you have any immediate questions please e-mail info@applyforrelief.com

 

If your application is deemed a viable prospect for the Governments SBA Relief fund program, we will be requesting the attached submission package be completed. Your loan specialist will then be contacting you to discuss with you. Below is also a list of items that you can work on gathering as they will all be required for a formal loan approval.

 

Here is a shortlist of the items we’ll need to process the SBA 7(a) relief loan:

  • Completed Application

  • Articles of Incorporation/Organization of each borrowing entity

  • By Laws/Operating Agreement of each borrowing entity

  • All owners Driver’s Licenses

  • Payroll Expense verification documents to include:

  • IRS Form 940 and 941

  • Payroll Summary Report with corresponding bank statement

  • If a Payroll Summary Report is not available, Employee Pay Stubs as of February 15, 2020 (or corresponding period) with corresponding bank statement, and,

  • Breakdown of payroll benefits (vacation, allowance for dismissal, group healthcare benefits, retirement benefits, etc.

  • 1099s (if Independent Contractor)

  • Certification that all employees live within the United States. If any do not, provide a detailed list with corresponding salaries of all employees outside the United States

  • Trailing twelve-month profit and loss statement (as of the date of application) for all applicants

  • Most recent Mortgage Statement or Rent Statement (Lease)

  • Most recent Utility Bills (Electric, Gas, Telephone, Internet, Water

 

Click the link below to download the full application

 

Thank you and please stay safe during the COVID-19 pandemic. 

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11 Capital Finance is an independent financial brokerage firm. 11 Capital Finance is not the direct lender. Final Loan application is underwritten by the applicable licensed SBA 7(a) lender

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For EIDL loans please apply directly through the SBA here. 11 Capital Finance, in this instance, works of behalf of both the borrower as a loan packaging agent. Final underwriting and loan payment is completed by our licensed SBA 7(a) lending partner. SBA lending guidelines must be met to fund the loan.

11 Capital Finance, LLC is a Pennsylvania Limited Liability Company with principle address located at: 20 West Vine St. #575, Lansdale, PA 19446 | info@11capitalfinance.com