SBA Form 3518 Community Advantage Addendum 7(a) CA SBLC

OMB Control No.: 3245-0348
Expiration Date: XX/XX/20XX

C ommunity Advantage Addendum

7(a) CA SBLC

The purpose of this form is to collect information about the Applicant business when a Community Advantage Small Business Lending Company (CA SBLC) submits an application for guaranty to SBA. The form is an addendum to SBA Form 1919, Borrower Information Form, and is completed and submitted to SBA electronically by the Lender. The Lender must retain documentation in its file that supports the responses provided on this form.

Applicant Business Information
Applicant Business Legal Name:	_________________________________
Applicant Business DBA Name:	_________________________________
 Startup/New Business (2 years or less)  Existing Business (more than 2 years old)
If in business for more than one year, the most recent full business year’s Gross Revenue or Sales: $___________________

Please identify which of the following are applicable to the Small Business Applicant. More than one may be checked; if none are applicable, please check “None of the Above.”

Small Business Applicant is located in a:  Low-to-Moderate Income (LMI) Community

 Empowerment Zone or Enterprise Community (EZ/EC)

 Historically Underutilized Business Zone (HUBZone)

 Promise Zone

 Opportunity Zone

 Rural Area

 Veteran Owned Business

 More than 50 percent of the Small Business Applicant’s workforce is low-income or resides in a LMI census tract.

 None of the Above.

NOTE: According to the Paperwork Reduction Act, you are not required to respond to this collection of information unless it displays a currently

valid OMB Control Number. The estimated burden for completing this form, including time for reviewing instructions, gathering data needed, and

completing and reviewing the form is 2 minutes per response. Comments or questions on the burden estimates should be sent to U.S. Small Business

Administration, Director, Records Management Division, 409 3rd St., SW, Washington DC 20416, and/or SBA Desk Officer, Office of Management

and Budget, New Executive Office Building, Rm. 10202, Washington DC 20503. PLEASE DO NOT SEND FORMS TO THESE ADDRESSES

SBA Form 3518 (04/2024) Page | 1