ORIGINFORMSTUDIO.COM – SBA Form1971 – Religious Eligibility Worksheet – The Small Business Administration (SBA) Form 1971, Religious Eligibility Worksheet, is an important document for any small business seeking government assistance. The form helps the business determine whether or not it is eligible to receive government funding, such as loans and grants. The worksheet takes into account a company’s religious affiliation and practices, and provides detailed information on the company’s beliefs.
Download SBA Form1971 – Religious Eligibility Worksheet
|Form Number||SBA Form1971|
|Form Title||Religious Eligibility Worksheet|
|File Size||1 MB|
|Form By||SBA Forms|
What is an SBA Form1971?
The Small Business Administration (SBA) Form1971, Religious Eligibility Worksheet, is a required form for businesses seeking federal government contracts and loans. The form is used to determine whether a business is eligible to receive government contracts and loans because of its religious affiliation.
To be eligible to receive government contracts and loans, a business must be organized under the laws of the United States or any state or territory thereof, and must have been in continuous operation for at least 61 days immediately preceding the submission of the application. Additionally, the business must be operated primarily for religious purposes, and at least one-third of its employees must be employed for religious purposes.
The Religious Eligibility Worksheet asks several questions about the organization’s purpose and operations. For example, does the organization offer social services? Does it provide housing? Does it operate schools?
What is the Purpose of SBA Form1971?
The SBA Form1971 Religious Eligibility Worksheet is a form used by Small Business Administration (SBA) loan applicants to determine their eligibility for a government-backed loan. The form asks questions about the applicant’s religious beliefs, and it is used to ensure that the applicant is eligible to receive a loan from the SBA because of his or her religious beliefs.
The Religious Freedom Restoration Act of 1993 requires governmental agencies, including the SBA, to take into account an individual’s religious beliefs when making decisions related to that individual’s economic well-being. The SBA Form1971 Religious Eligibility Worksheet helps insure that loans are awarded to qualified applicants, who meet all other requirements for a loan.
Where Can I Find an SBA Form1971?
If you are a religious organization and would like to apply for an SBA loan, you will need to complete and submit the SBA Form 1971, Religious Eligibility Worksheet. This worksheet is required if your organization has total assets of less than $5 million and is organized under the laws of a state or the District of Columbia. The worksheet asks questions about your organization’s governing documents, tax status, and religious affiliation. In addition, the worksheet requires information about your congregation’s leadership and membership. If you are not sure whether you need to complete the worksheet, please contact the SBA office in your area.
SBA Form1971 – Religious Eligibility Worksheet
The SBA Form 1971, Religious Eligibility Worksheet, is a helpful tool for determining whether a religious organization is eligible to receive federal financial assistance. The worksheet helps to identify the religious organization’s religious beliefs and practices, as well as its governing structure. Additionally, the worksheet asks questions about the religion’s eligibility requirements and practices.