How to complete an SBA Financial Statement of Debtor (Step by Step)

To complete a Form 770 Financial Statement of Debtor, you will need to provide the following information:

• Name
• SBA loan number
• Date of birth
• Address
• Phone number
• Social security number
• Occupation
• Length of current employment
• Employer’s name
• Address
• Phone number
• Monthly income
• Other employers within last 3 years
• Name of spouse
• Social security number
• Date of birth
• Occupation
• How long in present employment
• Spouse’s employer
• Address
• Phone number
• Monthly income of spouse
• Other employers in last 3 years
• Other dependents
• Total monthly income of dependents
• For what period did you last file a federal income tax return
• Where was the tax return filed
• Amount of gross income reported
• Fixed monthly expenses
• Assets and liabilities
• Loans payable
• Real estate being purchased on contract or mortgage
• Life insurance policies
• Real and personal property owned by spouses and dependents valued in excess of $500
• All transfers of property, including cash, made within the last three years exceeding $500
• Whether you are a co-maker, guarantor, or a party in any lawsuit or claim now pending
• Whether you are a trustee, executor, or administrator
• Whether you are a beneficiary under a pending or possible inheritance or trust
• When you believe you can begin making payments on your SBA debt
• How much you believe you can pay SBA on a monthly or periodic basis
• Signature
• Date