SBA Loan - need full time income to qualify?

[Brooke Spaulding]

Hello,

My husband and I have been working on a business plan and are working with an SBA business advisor to get prepare it for a loan application. I know they look at your full financial situation but but do they base any part of the loan or decision on our current income? We both have full time W-2 jobs which in the plan we have shown as at least one of us leaving and paying ourselves through the loan. I can see the writing on the wall that I think I'm about to be laid off. Do you think that would affect anything? I'd love to have some time to work on it and our existing business but if a full salary is better I can start really moving forward applying to jobs in advance. Thanks!