Paycheck Protection Program

Documents Required to apply for the PPP Loan:

2019-2020 Financial Documents:

  • Balance Sheet
  • Income Statement
  • General Ledger

2019-2020 Payroll Documents:

  • Payroll Reports
  • Quarterly Reports
    • Federal
    • State
  • Year-End Reports
    • Form 940 Employer’s Annual Federal Unemployment (FUTA) Tax Return
    • Form W3 Transmittal of Wage and Tax Statements
    • Forms W2 Wage and Tax Statements

Other Expenses Required:

  • Form 1096 Annual Summary and Transmittal of U.S. Information Returns
  • Forms 1099 Miscellaneous Information
  • Lease or Mortgage Agreement
  • Utility Statement

Tax Returns

  • Business Tax Returns
  • Individual Tax Returns

Entity Type

The Entity Type will determine the required documents

  • C Corporation
  • S Corporation
  • LLC – Limited Liability Company
  • PLLC – Professional Limited Liability Company
  • Sole Proprietor
  • Not-for-Profit Organization

Other Items that may be required:

  • Internal Revenue Service (IRS) Letter with Employer Identification Number (EIN)
  • Business License
  • Business Owner(s) Driver's License
  • Articles of Organization
  • 501.c.3 Exemption Letter from IRS