State of Ohio 166 Check List
  • Signed 166 Loan Application Agreement
  • $1,000 Deposit: To be applied towards 1.5% loan processing fee
  • 166 Full Application (Signed) & Exhibits (A, B, C,)
  • Three years historical financial statements on operating company
  • Interim financial satement (within 60 days) on operating company
  • Three years projected financial statements on operating company (Balance sheet and Income statement)
  • Personal financial statements (within 90 days) on company principals (10% ownership or greater)
  • Updated resumes on key company managers
  • Purchase agreement for equipment and/or real estate
  • Written cost estimates on building construction/renovation
  • Copy of existing or proposed lease (if applicable)
  • Appraisal of project real estate (if applicable)
  • Environmental report/Phase One on project real estate (if applicable)
  • Bank commitment letter
  • Attachments I, II
  • Form W-9
  • Revised June, 2004

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