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This version of the form is not currently in use and is provided for reference only. Download this version of
SBA Form 994
for the current year.
SBA Form 994 Application for Surety Bond Guarantee Assistance
What Is SBA Form 994?
This is a legal form that was released by the U.S. Small Business Administration on March 1, 2019 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is SBA Form 994?
A: SBA Form 994 is the Application for Surety Bond Guarantee Assistance.
Q: What is the purpose of SBA Form 994?
A: SBA Form 994 is used to apply for a Surety Bond Guarantee Assistance from the Small Business Administration (SBA).
Q: Who can use SBA Form 994?
A: Small businesses that need assistance in obtaining surety bond guarantees can use SBA Form 994.
Q: Do I need to pay a fee to submit SBA Form 994?
A: No, there is no fee required to submit SBA Form 994.
Q: What information is required on SBA Form 994?
A: SBA Form 994 requires information about the business, the bonding company, and the bond project.
Q: How long does it take to process SBA Form 994?
A: The processing time for SBA Form 994 can vary, but it typically takes around 5-10 business days.
Q: What is the maximum bond amount that can be guaranteed by SBA?
A: The maximum bond amount that can be guaranteed by SBA is $6.5 million for contracts that are too large for individual sureties to handle.
Q: What is the purpose of the Surety Bond Guarantee Assistance program?
A: The Surety Bond Guarantee Assistance program helps small businesses obtain surety bonds for projects that they may not otherwise qualify for.
Form Details:
- Released on March 1, 2019;
- The latest available edition released by the U.S. Small Business Administration;
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of SBA Form 994 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.
Download SBA Form 994 Application for Surety Bond Guarantee Assistance
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