Terms
Plain statements of what this is, what it is not, and what rests with you.
myloankit is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
1. Who operates this service
myloankit is operated by Pigfox LLC, a limited liability company.
The following are not recorded anywhere in this repository and have deliberately not been invented: the state of formation, the registered business address, the notice address for legal service, and a support email address. Counsel to supply, and the page to be updated from the entity's own records rather than from anything drafted here.
The service is reached at myloankit.com. That domain is the canonical origin the software itself uses, and it is the only contact route currently recorded in the codebase.
2. What the service is
An applicant-operated document preparation and readiness assessment tool. You enter figures you already hold, mark which documents you have, and receive a dated PDF containing an SBA Benchmark Score, a market analysis of the venture, and a checklist of commonly requested application items. You hold that document and decide who, if anyone, sees it.
What it is not
It is not a lender, a broker, or a referral service. It holds no lender's credit box and measures your information against none. It produces an SBA Benchmark Score for the business against published benchmarks — never an assessment of you personally, and never a forecast of what any lender will do.
It is not a government programme and not an application to anyone, including the SBA. The SBA 7(a) thresholds it measures against are measuring criteria, chosen because they are published, dated and citable; the document is prepared for whichever lender the applicant chooses to hand it to, whether that is a bank, a credit union, a CDFI, an online or private lender, or a bank writing an SBA-guaranteed loan.
It is not a loan packager, and it decides nothing about your credit — the disclaimer in the footer of every page, and on the face of every document, states what the output is not. It transmits nothing to any lender: if your document reaches one, it is because you sent it. It pulls no credit report and contacts no credit bureau. It recommends no lender, names no lender, and has no arrangement, referral fee or other commercial relationship with any lender.
3. No SBA affiliation
myloankit is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Every SBA requirement this service measures against is quoted from a published instrument — the SOP, the CFR, or an SBA procedural notice — and cited to it on the page and in the document. The instruments are the SBA's. The selection of which to measure, the weights, and the assessment are this service's own.
4. Scope and accuracy limits
This is a preliminary readiness assessment, not an eligibility determination or lender underwriting decision.
The SBA Benchmark Score measures six selected published benchmarks. SBA's own requirements are considerably wider: ten tests of program participation before credit is examined, and a dozen further matters a lender's credit memorandum must address. One of the former and three of the latter are measured here. The how it works page lists what the six leave out, and it is the part of that page worth reading most closely.
Output is preliminary. A good score is not a statement that your file is complete, that you meet SBA's requirements, or that any lender will do anything.
SBA policy changes, and this service may lag it. Every threshold carries the instrument it comes from and that instrument's effective date, so you can check whether what you were measured against is still current. If it is not, the assessment is out of date, and the effective dates printed beside each benchmark are how you would know.
5. Your responsibilities
- The figures are yours. Everything scored comes from what you type. Nothing is looked up, verified, or corrected on your behalf, and the document says so on its face: prepared by the applicant from self-reported, unverified information.
- The assessment is only as good as its inputs. A mistyped figure produces a confidently wrong number, and nothing in the service can detect that. Check what you entered against your own books before relying on what comes back.
- Do not rely on this when deciding whether to borrow or invest. Not for your own judgement, and not for anyone else's. It is a preparation aid: it tells you how your figures sit beside published benchmarks and what documents you are missing. It is not advice — not legal, financial, accounting, or tax advice — and it is not a substitute for a professional who has looked at your actual books.
- What you write in the free-text answers leaves this service. Those six answers are sent to a language model to draft the concept and market narrative. Write about businesses and premises; the form rejects text describing the people of an area.
6. Third-party and AI processing
This section states the same facts as the privacy page, and the two are meant to be identical. If they ever disagree, the privacy page and the code it describes govern, and the disagreement is a defect worth reporting.
No figure you enter is sent anywhere outside this service. Not the loan amount, not revenue or expenses, not debt service, not the balance sheet, not what you would pledge as collateral, not your equity injection, and not your score.
- Language model provider. Sent the six free-text answers from the concept and market section, and the number of months you have been trading. Nothing else — not your figures, your business name, your city, your state, your score, or the document. It drafts the concept and market narrative and nothing else.
- Mapping and geocoding services. Sent the city and state you entered, then a map point and the industry you described, to locate a trade area and count comparable operators in it. Currently OpenStreetMap's Nominatim and the public Overpass mirrors, and, where a key is configured, LocationIQ and Geoapify. No street address or ZIP is collected at all, so none can be sent.
- Analytics. Google Analytics runs on the public pages only. It records the page viewed, coarse device and browser details, and an approximate location derived from the network address. It is absent from every page carrying your figures — that is enforced by the request method, so a page added later is covered without anyone remembering.
- Hosting. The hosting provider necessarily handles the traffic carrying your submission, as it does for any website. This service writes no access log of its own.
7. What is retained
Submitting the form stores nothing. A row is written only when you download the document, and it holds four values: a row number, the reference number, a fingerprint of the file, and the time it was issued.
That is the entire table. There is no column for a figure, a name, a score, or a narrative. The figures behind your document do not survive the document. The privacy page sets this out in full.
8. Intellectual property
Pigfox LLC retains all rights in the service itself: the software, the page copy, the document layout, the scoring methodology and its weights, and the selection of benchmarks. Published SBA instruments are of course not ours; they are quoted and cited.
Your document is yours. The figures you entered are yours, and the PDF generated from them is yours to keep, copy, print, and hand to whomever you choose — including any lender. No licence back to us is asked for or implied, and we claim no interest in your business information.
Counsel to review whether the generated narrative sections need separate treatment from the rest of the document, given they are drafted by a third-party model from text the applicant supplied.
9. Acceptable use
You may use this service to prepare documents for your own business, or for a business you are authorised to act for. You may not:
- Scrape, crawl, or systematically extract the pages, the methodology, or the benchmark data.
- Submit the form by automated means, or in bulk. It is built for a person filling in their own figures once.
- Represent the service, or any document it produces, as an SBA product, an SBA service, or anything issued or endorsed by the SBA.
- Represent a document it produces as a lender's commitment to lend, an offer of credit, or a statement that any lender will extend credit. It is none of those and says so on its face.
- Attempt to interfere with the service, its verification endpoint, or other users' documents.
10. Payment and refunds
The service does not currently charge for anything. There is no payment code in it: no checkout, no billing, no subscription, no account, and no price. Everything described on this site is available at no cost.
This section is written for a service that is free today. If charging is introduced, this section, the refund position, and the termination section below all need drafting together, and counsel should see them as one change rather than three.
11. Warranties and liability
No warranty disclaimer and no limitation of liability has been drafted. Nothing on this page caps, limits, or excludes any liability, and no such provision should be inferred from its absence — the section is empty because it has not been written, not because a position has been taken.
Counsel to draft. Deliberately not attempted here: a liability cap is exactly the kind of provision that is worse than useless if drafted by someone without the standing to draft it.
12. Governing law and venue
No governing law is specified and no venue is agreed. Counsel to supply, together with the state of formation left open in section 1.
13. Dispute resolution
No dispute resolution procedure has been drafted. In particular, no arbitration clause and no class-action waiver has been written, and none should be read into this page. Counsel to advise on whether either is appropriate for a free consumer-facing tool before anything is drafted.
14. Termination and refusal of service
There are no accounts to terminate: the service holds no login, no profile, and nothing that identifies you between visits. You stop using it by closing the tab, and nothing of yours remains except the four values in section 7 if you downloaded a document.
We may withdraw the service, or refuse it to anyone using it contrary to section 9, at any time. Documents already issued are unaffected — they are yours, they are in your hands, and their reference numbers continue to verify.
Counsel to review whether withdrawal of the service should carry any notice obligation, particularly in respect of the verification endpoint, which holders of issued documents may reasonably expect to keep working.
15. Changes to these terms
These terms may change as the service does. Material changes should be signalled on this page rather than made silently, and the effective date below should move when they are.
Effective date: none. This draft is not in force and carries no effective date. One is to be set when counsel has reviewed the document and the placeholders above have been replaced with provisions. The mechanism for notifying changes — banner, dated changelog, or something else — is also to be settled then.