SBA 7(a) & 504 Loan Sources & Uses, Draw & DSCR Covenant Tracker
Track a project loan's budget, draws, sources and uses, equity injection and a DSCR covenant test with the minimum you set.
What This Workbook Does
Budget by use line and funding source with disbursed amount, remaining budget, percent drawn and a line status (Not Started, In Progress, Fully Drawn, Over Budget)
Draw log with funded and requested draws, the cumulative amount on each budget line and an over-budget flag
Open draw requests flagged Stale once they are older than the number of days in Settings
Sources and uses: commitments by funding source against the budget planned for each source, funded to date, remaining commitment and the gap
Equity injection test: committed and funded borrower equity as a share of total project cost, against the minimum you set
DSCR covenant test per period: cash flow available, debt service, DSCR, cash cushion and a Pass / Watch / Breach status against your minimum
Pro forma DSCR on the new loan (payment from your rate and term) and the largest loan your projected cash flow supports at the minimum DSCR
Dashboard with project cost, funded share, equity share, latest DSCR and covenant status, plus uses by category and a DSCR chart
Worksheets Included
9 TabsUniversal Windows & Mac support with dynamic arrays
Runs in browser on office.com with free Microsoft account
Pure .xlsx formulas. Never blocked by corporate IT antivirus
Receive both a clean blank file and pre-filled sample rows
Frequently Asked Questions
Does this template require enabling macros or VBA code?
No. All Datasheetly templates are 100% macro-free (.xlsx). They rely on native modern Excel formulas (XLOOKUP, SUMIFS, LET), never trigger antivirus blocks, and are completely safe for corporate computers.
Are there any recurring subscriptions or extra fees?
None whatsoever. You make a single one-time payment of $9 and own the DRM-free Excel workbook files forever. No monthly recurring charges, no per-seat fees, and no cloud lock-in.
What software versions are required to run this workbook?
Datasheetly workbooks are engineered for modern Microsoft Excel: Microsoft 365 (Windows & Mac), Microsoft Excel 2021+, and Excel for Web (free online via office.com with any Microsoft account). Because our models leverage modern dynamic array formulas (LET, XLOOKUP, FILTER, SUMIFS) and native Excel structured tables, they are designed exclusively for Excel. Older legacy releases (Excel 2019/2016) and third-party spreadsheet viewers do not support these modern formula engines.
Do I receive clean blank files for my company data?
Yes! In your download vault, you receive two separate workbooks: a Sample Data Workbook (with realistic pre-filled rows to inspect formulas) and a Clean Blank Workbook (with all formulas and formats ready for your live data).
What if the template doesn't meet my business needs?
Every purchase is backed by our 30-Day Defect & Satisfaction Guarantee. If any formula fails or the template does not perform as documented, simply contact support for an immediate resolution or refund.
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Datasheetly spreadsheet workbooks and templates are operational productivity calculation tools provided for informational purposes only. They do not constitute certified public accounting (CPA), legal, tax, or medical advice. Templates are not certified or intended for the storage of protected health information (PHI) under HIPAA regulations or fiduciary client trust accounts without independent compliance review. Users are advised to review all financial and operational outputs with a licensed CPA, attorney, or qualified professional before taking formal financial or operational actions.