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April 3rd First Day to Apply for PPP Loan

Today, April 3rd, is the first day to submit PPP loans to SBA.  Here are some helpful links to help guide you through the process:

 

You should contact your accountant or a financial firm that can help you through the details.

 

Friday, April 3rd is the BIG Day…..

 

SMALL BUSINESS PAYCHECK PROTECTION PROGRAM

https://home.treasury.gov/system/files/136/PPP%20–%20Overview.pdf

 

 

PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET:

https://home.treasury.gov/system/files/136/PPP%20Borrower%20Information%20Fact%20Sheet.pdf

 

 

ASSISTANCE FOR SMALL BUSINESSES

https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses

 

Information needed

  • Application
  • Payroll Cost Estimates
  • Customer Identification Information*
  • Copy of 2019 Business Tax Return……2018 if 2019 isn’t filed
  • Other Documents As Required By SBA

 

*Customer Identification Information

  • Driver’s License and SSN for all signers of a company
  • Articles of Organization and Operating Agreement
  • Articles of Incorporation and Bylaws

 

Once you have completed the application and gathered all of the required documentation, you will be ready to go forward

First day to submit PPP loans to SBA is Friday, April 3. 

 

Applying for SBA Disaster Loans (EIDL)

https://www.sba.gov/sites/default/files/articles/EIDL_Information_and_Documentation_-_3-23-2020.pdf

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