To apply for a business loan with Patriot, the requirements vary based on the loan amount.
For loan requests of $100,000 or less:
- Application
- Personal Tax Returns: Past two years with all schedules to include all K-1’s and W2’s
- Business Tax Returns: Last year of business tax returns with all schedules
- Internal P&L and Balance Sheet: If 6 months after the fiscal year end
- Rent Roll and/or Leases: If loan repayment is dependent on rental income
For loan requests of $100,001 to $999,999:
- Application
- Personal Tax Returns: Past two years with all schedules to include all K-1’s and W2’s
- Personal Financial Statement
- Business Tax Returns: Past two years of business tax returns with all schedules
- Business Debt Schedule: To include business debts not found on the Personal Financial Statement
- Internal P&L and Balance Sheet: If 6 months after the fiscal year end
- Rent Roll and/or Leases: If loan repayment is dependent on rental income
For loan requests of $1,000,000 and greater:
- Application
- Personal Tax Returns: Past three years with all schedules to include all K-1’s and W2’s
- Personal Financial Statement
- Business Tax Returns: Past three years of business tax returns with all schedules
- Business Debt Schedule: To include business debts not found on the Personal Financial Statement
- Internal P&L and Balance Sheet: If 6 months after the fiscal year end
- Rent Roll and/or Leases: If loan repayment is dependent on rental income
Note: often times there are other pieces of information needed depending on the loan transaction. Those items could include: Sales agreement, project budget, equipment invoices, etc.
We want to help your small business succeed. Contact us to discuss your ideas and opportunities.
Mary Cordell
Senior Vice President – Business Loan Officer
Serving businesses in Franklin
County, PA and the surrounding area.
32 years of banking and relationship
building experience.
Call (240) 850-7014
Email Me
Brittany Leppert
Vice President – Business Loan Officer
Serving businesses in Washington
County MD and the surrounding area.
17 years of banking and relationship
building experience.
Call (240) 850-7014
Email Me
Salma Sufi
Vice President – Business Loan Officer
Serving businesses in Frederick
County MD and the neighboring
marketplace. 25+ years of
financial service experience.
Call (717) 709-2578
Email Me
Eric Foreman
Executive Vice President – Business Lending
Serving businesses in Franklin County PA and
the surrounding areas. 25+ years of business
banking experience.
Call (717) 709-2514
Email Me
All loan rates, terms, and conditions are subject to change at any time. All loans are subject to credit approval.