Here is a list of what we believe you'll need for a lender to process your PPP application:
- Completed Application
- Completed SBA Paycheck Protection Program Application Form (SBA Form 2483)
- Articles of Incorporation/Organization of each borrowing entity
- By Laws/Operating Agreement of each borrowing entity
- All owners Driver’s Licenses (front and back)
- Certification Form executed by the recipient
- Payroll Expense verification documents may include, but not limited to, the following (subject to change once SBA guidelines have been released):
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- IRS Form 940 and 941
- Payroll Summary Report with corresponding bank statement
- If a Payroll Summary Report is not available, Employee Pay Stubs as of February 15, 2020 (or corresponding period) with corresponding bank statement
- Breakdown of payroll benefits (vacation, allowance for dismissal, group healthcare benefits, retirement benefits, etc.)
- 1099s (if Independent Contractor)
- Certification that all employees live within the United States. If any employees do not live in the Unites States, provide a detailed list with corresponding salaries of all employees outside the United States
- Trailing twelve-month profit and loss statement (as of the date of application) for all applicants.
- Most recent Mortgage Statement or Rent Statement (Lease)
- Most recent Utility Bills (Electric, Gas, Telephone, Internet, Water)
