Construction Loan Application

NEW CONSTRUCTIONS

• Contractor Quote for New Construction and Copy of the Surety Bond
• Feasibility Study
•  G702 and G703  along with construction and equipment estimates 
• Construction schedule and disbursements 
• Use of Proceeds Template (Download Below)).
• Projections 5+ years monthly with assumptions (Download Below)
• Phrase 1 Environmental
• Business Plan
• General Business Questionnaire to give the underwriter some background about the company (Download Below)
• Franchise Agreement (If Apply)
• Franchise Disclosure Document (If Apply)
• City Permits
• NCNDA & Consultancy Agreement (Download Below)

FROM PERSONAL (All BORROWER with 20% + ownership)

• 3-year Personal Tax Returns
• SBA Personal Financial Statement (Download Below)
• Copy of Driver's License
• Resume of all Borrowers
• List and P&L of all businesses that own more than 20%