Paycheck Protection Program - Application Needs

All Borrowers

• Corporate docs (Articles of Org or Certificate of Org)
• EIN Confirmation (SS4 Letter or W9)
• Copy of Valid Gov’t Issued ID

Self-Employed – No Employees

• 2019 or 2020 IRS Form 1040 Schedule C
• 2019 or 2020 IRS Form 1099-MISC detailing non-employee compensation received (box 7), Invoice, bank statement or book of record establishing you were self-employed in 2019 or 2020
• Invoice, bank statement or book or record establishing you were in operation on February 15, 2020

Self-Employed - With Employees

• 2019 or 2020 IRS Form 1040 Schedule C
• 2019 or 2020 IRS Form 941 for each quarter of the year
• State quarterly wage unemployment insurance tax reporting form from each quarter (or equivalent payroll processor records or IRS Wage and Tax Statements)
• A payroll statement or similar documentation from the pay period that covered February 15, 2020 - to establish you had employees on that date.
• Employee List
• Number of Employees who are PT
• Number of Employees who are FT
• Optional:
  • Evidence of retirement plan contributions
  • Evidence of health insurance contributions / premiums

Partnership/C-Corp/S-Corp

• 2019 or 2020 IRS Form 1065 – Schedule K-1 / IRS Form 1120 or 1120-S
• 2019 or 2020 IRS Form 941 for each quarter of the year
• State quarterly wage unemployment insurance tax reporting form from each quarter (or equivalent payroll processor records or IRS Wage and Tax Statements)
• A payroll statement or similar documentation from the pay period that covered February 15, 2020 - to establish you had employees on that date.
• Employee List
• Number of Employees who are PT
• Number of Employees who are FT
• Optional:
  • Evidence of retirement plan contributions
  • Evidence of health insurance contributions / premiums

Non-Profit

• 2019 or 2020 IRS Form 990
• 2019 or 2020 IRS Form 941 for each quarter of the year
• State quarterly wage unemployment insurance tax reporting form from each quarter (or equivalent payroll processor records or IRS Wage and Tax Statements)
• A payroll statement or similar documentation from the pay period that covered February 15, 2020 - to establish you had employees on that date.
• Employee List
• Number of Employees who are PT
• Number of Employees who are FT
• Optional:
  • Evidence of retirement plan contributions
  • Evidence of health insurance contributions / premiums