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LNEDC Loan Application: Part 2 of 4

Personal Financial Statement

As of
Month
Day
Year

Complete this form if (1) a sole proprietorship by the proprietor, (2) a partnership by each partner, (3) a corporation by each officer and each stockholder with 20% or more ownership, and/or (4) any other person or entity providing a guaranty on the loan.

Multi-line address

Assets

(Describe in Section 6)

(Describe in Section 3)

(Describe in Section 4)

(Describe in Section 5)

(Describe in Section 6)

Liabilities

(Describe in Section 2)

(Total Balance & Monthly Payment)

(Total Balance & Monthly Payment)

(Describe in Section 4)

(Describe in Section 7)

(Describe in Section 8)

Section 1: Source of Income

Contingent Liabilities

**Alimony or child support payments need not be disclosed in “Other Income” UNLESS it is desired to have such payments counted towards total income.**

Section 2: Notes Payable to Banks and Others

Section 3: Stocks & Bonds

(Use Separate Sheet if Necessary)

Section 4: Real Estate Owned

(List each parcel separately. Use supplemental sheets if necessary. Each sheet must be identified as a supplement to this statement and signed.)

Section 5: Other Personal Property

Section 6: Other Assets, Notes & Accounts Receivable

Section 7: Unpaid Taxes

Section 8: Other Liabilities

Section 9: Life Insurance Held

Acknowledgments

Lender is authorized to make all inquiries deemed necessary to verify the accuracy of the statements made herein and to determine my/our credit worthiness.


(I) or (We) certify the above and the statements contained in the schedules herein are a true and accurate statement of (my) or (our) financial condition as of the date stated herein. This statement is given for the purpose of (check one of the following):


  • Inducing LNEDC to grant a loan as requested in the application, to the individual or firm whose name appears herein.

  • Furnishing a statement of (my) or (our) financial condition, pursuant to the terms of the guaranty executed by (me) or (us) at the same time LNEDC granted a loan to the individual or firm, whose name appears herein.

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