Project
	Fully complete and signed SBA loan/consent application.
	Copy of signed purchase agreement for land and/or building.
	Copy of Sworn Construction Statement including construction bids.
	Copy of equipment list (purchase invoices).
Business
	History and description of the business (business plan).
	Current balance sheet and income statement (accrual basis) for the Operating Company (OC). Must be within 90 days of the application date.
	Accounts receivable and accounts payable aging reports corresponding with current balance sheet.
	Debt schedule, corresponding with current balance sheet, detailing all obligations for the OC.
	Last three fiscal year-end balance sheets and income statements (accrual basis) and completed signed copies of past three years' income tax returns for the OC.
	Request for IRS transcripts (SBA Form 4506T for OC and owners).
	Any business in operation less than two years must provide two years of projections of earnings, including a description of assumptions, showing the effect of the proposed project plus a month-by-month statement of cash flow.
Business Misc.
	Filed copy of Articles of Incorporation and By-laws, and/or Partnership Agreement and/or Limited Liability Company Organizational documentation or Certificate of Assumed Name
	Employer identification number/Tax identification number for the real estate holding company and/or OC.
	Names, addresses and last two fiscal year-end financial statements or tax returns of any subsidiaries and/or affiliates, if applicable. Copy of signed franchise or dealer agreement, if applicable.
	Copy of new lease between OC and real estate holding company, if applicable (sample lease which satisfies SBA requirements).
Personal
	Signed Personal financial statements (including spouse) (SBA Form 413; not more than 90 days old from application date)
	Complete and signed copies of the past three years tax returns, including all W-2's, schedules and K-1's from all owners of the OC.
	Resumes of all officers and key management of the OC.
	Personal history statements (SBA Form 912) from all officers of the OC.
	Assignment of life insurance policy as collateral on key owner(s) of the OC.
Lender
	Sample Bank Commitment Letter with Credit Elsewhere Statement from first mortgage lender.
	Credit reports for all owners.
	Business credit report for the OC.
	Copy of lender's credit memorandum.
	Appraisal of project (NOTE: this must be ordered by participating lender and must include CMDC and U.S. Small Business Administration in the reliance statement).
	Environmental investigation: Phase I or a Phase II (which must include a reliance letter to CMDC and U.S. Small Business Administration) or an environmental questionnaire and records search with risk assessment.
	Itemization of soft costs (include professional fees, contingencies and interim interest).