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To secure a business loan, CCDC may request the following items from applicants:
- History and description of business
- Products and services
- Market analysis
- Management information and resumes
- Project description
- Use of funds and written cost estimates
- Financial statements from applicant and affiliated businesses
- Balance sheet, income statement and business tax returns for three years
- Current year interim business balance sheet and income statements (less than 90 days old)
- Projected income statements
- Personal tax returns of 20% owners for last three years
- Personal financial statements of 20% owners
- Loan application fees, as applicable
- Bank commitment letter, if required
- Appraisals as applicable
- Environmental questionnaire and formal assessment, if required
- Lease or purchase agreement
- Accounts receivable and accounts payable aging report
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