SBA Form 413 SBA Personal Financial Statement: Edit Online Free & Download PDF
SBA Personal Financial Statement: Personal Financial Statement
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SBA Form 413 in short
SBA Form 413 is a personal financial statement that lists one person's assets, liabilities, income and net worth. SBA uses it to judge repayment ability and creditworthiness for 7(a) loans, 504 loans, disaster loans and surety bond guarantees. It is also used to check economic disadvantage for the 8(a) Business Development and Women-Owned Small Business (WOSB) programs.
| Issued by | U.S. Small Business Administration (SBA), Office of Capital Access |
|---|---|
| Current version | SBA Form 413 (05-24) (checked 2026-10-25) |
| Who fills it in | For 7(a), 504 and surety bonds: each proprietor, general partner, LLC managing member, each owner of 20% or more of the applicant (including the assets of the owner's spouse and any minor children), and any person giving a guaranty on the loan. For disaster business loans: each applicant, general partner, LLC managing member, each owner of 20% or more, and any person giving an unlimited guaranty. For WOSB and 8(a): each individual claiming economic disadvantage, and in most cases their spouse on a separate form. |
| Who receives it | The SBA lender (7(a)), the Certified Development Company (504), the surety company or agent (surety bonds), or SBA itself for disaster loans, WOSB and 8(a). |
| Where to send it | 7(a) loans: the lender processing the application. 504 loans: the Certified Development Company. Surety bonds: the surety company or agent. Disaster business loans: the form lists the Disaster Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155-2243, fax 1-202-481-1505, or [email protected]. WOSB and 8(a): submit and certify the information through certify.sba.gov. |
| Deadline | No fixed filing deadline. The figures must be current as of a date within 90 days of submission for disaster loans, or within 120 days for 7(a), 504, surety bond, 8(a) and WOSB. WOSB and 8(a) participants update the form as changes arise and at least once a year. |
| Official links | Official page · Official PDF |
What changed
SBA Information Notice 5000-868123 (effective June 13, 2025) announced the renewed form dated May 2024. SBA said sole proprietors applying for disaster business loans now also complete the form, the 8(a) and WOSB economic disadvantage limits were adjusted for inflation, figures for 7(a), 504, surety bond, 8(a) and WOSB must be current within 120 days, and the Privacy Act statement was revised.
How to fill out SBA Form 413, line by line
| Page 1 | Program check boxes Check the program or programs the statement is for: 7(a) loan, 504 loan or surety bond, disaster business loan, WOSB, or 8(a). Who must complete the form and where it goes depend on the box you check. |
| Page 2, top | Name, addresses, business name and business type Enter your own name, home address and phone, the name of the applicant or borrower business, and its address and legal type. WOSB applicants also say whether they are married. |
| Page 2, top | This information is current as of Enter the date your figures are based on. It must be within 90 days of submission for disaster loans or within 120 days for the other programs. |
| Page 2 | Assets and liabilities (omit cents) List personal assets such as cash, savings, retirement accounts, stocks and bonds, real estate, cars and other property, and liabilities such as notes payable, installment accounts, mortgages and unpaid taxes. Net worth is assets minus liabilities, and the two totals must match. |
| Page 2, Section 1 | Source of income and contingent liabilities Give salary, net investment income, real estate income and other income. List contingent liabilities, such as loans you endorsed or co-signed, legal claims and judgments. |
| Page 3, Sections 2 to 5 | Notes payable, stocks and bonds, real estate, other property Give details behind the summary figures: each noteholder and balance, each security and its market value, each property (up to three columns, A to C) with its mortgage, and other personal property with any liens. |
| Page 4, Sections 6 to 8 | Unpaid taxes, other liabilities, life insurance Describe any unpaid taxes and liens, other liabilities, and life insurance policies with face amount, cash surrender value, insurer and beneficiaries. |
| Page 4 | Certification, signature and SSN Each person submitting the form signs and dates it and gives a Social Security number. The spouse of a 20% or more owner signs too when spousal assets are included. |
Common mistakes to avoid
- Using figures older than the allowed window. The as-of date must be within 90 days (disaster) or 120 days (other programs) of submission.
- Entering business assets and debts. The form says to give personal information, not business information.
- Not dividing jointly owned assets and liabilities with a spouse or others as appropriate.
- Totals that do not balance. Total liabilities plus net worth must equal total assets.
- Listing amounts in the summary but leaving the supporting sections blank, for example real estate without Section 4 details.
- Leaving out a spouse's signature when spousal assets are included, or a separate spouse form for 8(a) or WOSB when one is required.
- Sending the form to OMB or the SBA records office. The form says not to send completed forms to OMB.
- Attachments that are not identified as part of the statement and signed, as the form asks.
Questions about SBA Form 413
Can I use my bank's own personal financial statement instead?
For 7(a), 504, surety bond and disaster loans, SBA says it accepts other formats, such as a lender's equivalent form or an accountant-prepared statement, if they collect the same data as Form 413. For 8(a) and WOSB, SBA says applicants must use SBA Form 413.
Who has to fill out SBA Form 413 for a 7(a) loan?
Each proprietor, general partner, managing member of an LLC, each owner of 20% or more of the applicant, and anyone guaranteeing the loan. Owners of 20% or more include the assets of their spouse and minor children.
How recent do the numbers need to be?
Within 90 days of submission for disaster loans and within 120 days for 7(a), 504, surety bonds, 8(a) and WOSB.
Should I include alimony or child support as income?
Only if you want it counted. The form says alimony or child support should not be listed under Other Income unless you want those payments counted toward total income.
Does my spouse need a separate form?
For 8(a) and WOSB, the spouse completes a separate Form 413 unless the two are legally separated. For loans, the spouse of a 20% or more owner signs the certification when spousal assets are included.
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Sources
Checked against the official sources on 2026-10-25. PDF Editor Hub is not affiliated with the U.S. Small Business Administration or any government agency. This page is general information, not legal or tax advice.
- https://www.sba.gov/document/sba-form-413-personal-financial-statement
- https://legacy.sba.gov/sites/default/files/2025-02/SBAForm413.pdf
- https://legacy.sba.gov/document/information-notice-5000-868123-information-notice-5000-868123
- https://legacy.sba.gov/sites/default/files/2025-07/5000-868123.pdf
- https://www.reginfo.gov/public/do/PRAOMBHistory?ombControlNumber=3245-0188