1. Support Center
  2. SBA 7(a) Small Business Loans

My business has multiple owners, do I have to add all of them to the application?

Yes, all owners that own any percentage of the business must be added to the application. Owners that have 20% or more ownership in the business must provide required documentation and must consent to having their personal credit checked.




NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program.  SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.