Bank Statement Converter for SBA EIDL Loan Applications

SBA Economic Injury Disaster Loan (EIDL) applications and reconsiderations require bank statements to verify business revenue, demonstrate economic injury, and document cash flow. Convert business account PDF statements to Excel to organize financial evidence for the SBA loan officer review process.

Key Benefits

How It Works

  1. Step 1: Download business bank statement PDFs covering pre and post-disaster periods
  2. Step 2: Upload to Bank Statement Converter
  3. Step 3: Select Excel output
  4. Step 4: Use the organized financial data in your SBA EIDL application or reconsideration

Frequently Asked Questions

What bank statements does the SBA require for EIDL?
SBA EIDL applications typically require 12 months of business bank statements showing revenue deposits and business operating activity. Reconsideration requests often need updated statements showing continued economic injury.
Can I use bank statements to demonstrate EIDL economic injury?
Yes. Comparing pre-disaster monthly revenue deposits against post-disaster deposits in Excel clearly shows revenue decline, which is the primary measure of economic injury for EIDL qualification.
Convert a Statement Free