1. Help Center
  2. Step 1: Business Update Page

Controlled Group Section

This section covers those persons/entities who maintain a controlling stake in your business.

  1. To determine if a company is part of a controlled group, answer 'Yes' or 'No' in regards to the number of controlling business owners. (Those who maintain a stake greater than 50% of the business)
  2. If these same individuals maintain a controlling steak of another business, answer 'yes'. (Greater than 50% stake of the other business)
  3. If you answered 'yes' above, list the names of those businesses in the input box. 

Make sure this information is accurate as it will be referenced later when calculating your credit.

 Controlled Group-1

Previous Section

Next Article