SNIEDC Loan Application Process

Loan Application Process

1

Develop a Business Plan
2

Review the Product Descriptions for the Micro Loan, the Business Revolving Loan and the Commercial Mortgage Loan to determine which loan product best meets the needs of your small business.
3

Go to the Loan Application page for the loan product of your choice to download our application materials.
4

Complete, sign and notarize the loan application (Co-applicants must complete Appendix A).
5

Collect all the necessary documentation as described on the Checklist provided with the application.
6

Submit all your application materials and documentation to the SNIEDC Office.
7

Your application and documentation will go to the SNIEDC Loan Committee for review and to determine your interest rate.
8

The Loan Committee will recommend approval, denial or request more information from the applicant. Loan Applications under $100,000 (aggregate amount) will be determined by the Loan Committee. Loan Applications over $100,000 (aggregate amount) and Loan Committee approval will be submitted to SNIEDC Board of Directors for final determination.
Icon of application with pencil

Loan Applications

Icon of coin with feathers

Micro Loan Application

Download
Icon of coin surrounded by feathers and paper money

Business Revolving Loan Application

Download
Icon of building with money

Commercial Mortgage Loan Application

Download
Four people celebrate with instruments

Contact Us

Please complete the contact form and we’ll be in touch.