FAQs for SSBCI Form

What is "North American Industrial Classification (NAICS)"?

NAICS is a numerical system to identify what type/category your business falls under. Consider it to be similar to the Dewey Decimal System for library books. If you don't know your business's NAICS code, don't worry. It's easy to find. 

• If you have quick access to a copy of your tax return. The NAICS code is in Box B of the Schedule C form.

OR

• Click on the provided NAICS link on the intake form

• In the 2022 NAICS search box on the left of webpage, type in a one-word, general descriptor of your business (example: bookkeeping; retail; repair) and choose the number on the list that best represents your business. 

• Don't get hung up on this . . . just provide the closest NAICS number you can.

How detailed do I need to be with my Business Description?

Write a brief sentence or two that explains the main things your business does to generate revenue.

I don't have any employees. How should I answer the "Number of Full Time Equivalent Employees" question?

Even though you are the owner, in this case you are considered an FTE. You would put "1" in the box.

I'm wanting to attend a Quickbooks workshop. Why is it asking me about "Anticipated Capital Use"?

The program (SSBCI) that's providing this workshop at no cost is a part of a larger program that offers a lending program for small businesses that might find it a challenge to get traditional bank lending for business growth. You can find out more information about this program here: https://www.iedc.in.gov/ssbci

To complete this intake form, you could say that you're still determining your lending needs or if you would like lending, briefly describe what you would purchase with loan proceeds.

What is "Desired Assistance AREA"?

Type "Quickbooks"

What do I choose for Desired Assistance TYPE?

Choose "Full-day bootcamp"

Which SSBCI Service Provider should I choose?

Penny Tracker

How do I complete the SEDI-owned question?

If ANY of the conditions described in section 1 apply to you/your business, check the box next to the "1" at the bottom of the question.

For sections 2-4, if you know that you live and/or your business is located in a CDFI Investment area, go ahead a check the appropriate boxes. If you aren't familiar with CDFI Investment areas, just leave boxes 2-4 empty. If you're curious about CDFI Investment areas, you can click here and enter your address.

ONCE YOU HAVE FINISHED ALL OF THE REQUESTED INFORMATION, MAKE SURE YOU SCROLL ALL THE WAY TO THE BOTTOM AND TYPE YOUR "SIGNATURE" AND CLICK SUBMIT!!