The application form provided by the office shall include the following information:

1. (1) The name, age, and contact information of the applicant;
2. (2) The total project costs and the amount or value of the equity contribution;
3. (3) The requested amount of the loan and other funding sources for the project;
4. (4) The purpose of the project and background information of the applicant;
5. (5) A financial statement or balance sheet less than three months old;
6. (6) The applicant's tax returns from the previous two years, including forms 1040 and 1040F;
7. (7) The applicant's signature and date of the signature; and

8. (8) Additional documentation, if applicable, including the following information:

   1. (a) A business plan;
   2. (b) An environmental or engineering plan, or both;
   3. (c) A W-9 form completed by the lender;
   4. (d) If applying for a bridge loan, lender or USDA approval letter;
   5. (e) If applying for a direct loan, a denial letter from a lender.

Source: 17 SDR 141, effective March 25, 1991; 25 SDR 95, effective January 20, 1999; 29 SDR 34, effective September 18, 2002; 38 SDR 45, effective September 22, 2011; 45 SDR 31, effective September 13, 2018; SL 2019, ch 235, § 37 and 38, effective April 14, 2019.

General Authority: SDCL 1 -53-30 .

Law Implemented: SDCL 1-53-24, 1-53-29 .

Prior versions effective: 2018-09-13, 2011-09-22.