Sample Loan Application Letter

Name of Applicant
Bank Account Number: NUMBER
Address of Applicant
City, State, Zip Code

DATE

Name of Loan Officer
Name of Bank or Lending Institution
Address of Bank or Lending Institution
City, State, Zip Code

RE: Application for loan of $50,000

Dear Name of Loan Officer:

This letter is a formal request that you favorably consider my loan application. I have been a patron of this bank for the past 20 years. Every month my salary is deposited into my checking account, and I have had a savings account for the past seven years. 

Please note that you gave me a $5,000 loan 13 years ago when I started my business and I made all payments on time. My business has flourished, and today, I am applying for a loan of $50,000 to open a new office on the other side of town. I have chosen the property, but I need the loan to equip the office. Enclosed are all of the required documents and the loan application. 

If you have any questions, I can be reached at Phone Number or at Email Address. I would be happy to discuss my request in person including the repayment schedule and date the loan will be completely repaid at a time that is convenient for you.

Thank you in advance for taking the time to consider my loan application. I am hoping for a prompt, favorable reply.

Sincerely,
Signature of the Applicant
Printed Name of the Applicant
Bank Account Number
Enclosures List