Do not assume so. Identify the investor’s actual qualifying funds and the treatment of other contributions.
Use an individual funding record
Separate ownership, source, transfers and charges. A company-wide budget does not automatically establish one applicant’s qualifying investment.
The purchase agreement, the closing statement of adjustments, the professional corporation's bank statements receiving the funds, the corporate record authorizing payment to the owners, personal bank statements receiving it, tax filings covering each step, and the escrow wire confirmation. Everything that explains how the money was lawfully earned and everything that shows where it went: business sale documents, closing statements, tax filings, loan agreements and security instruments, property ownership records, and consecutive bank statements for each account the funds pass through. Project or business updates, bank and financial statements showing capital remaining deployed, payroll registers and employment records, tax filings, and any correspondence from the sponsor about scope, schedule, or ownership changes. A revised budget, an updated construction or development schedule, the amended fund or partnership documents, a refreshed economic analysis supporting job creation, and confirmation of which entity now holds the capital.