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CARES Act Application
Before you get started, here is a checklist of the documents you'll need in order to make your PPP Application process as smooth as possible:
P&L and Balance Sheet
Payroll Processor Records
Payroll Tax Filings
Date your entity was formed
Entity documents i.e. Article, Operating Agreement etc.
Information that will be needed to request forgiveness
Payroll Processor Records for the 8 weeks following the funding of the PPP loan
Evidence borrower maintained the same number of employees or rehired employees by June 30, 2020.
Cancelled Checks for other eligible expenses (utilities, rent, mortgage interest).
Documentation for health insurance premiums paid by the company over the 8 weeks following the funding of the PPP loan.
Documentation for retirement plan funding by the employer for the 8 weeks following the funding of the PPP Loan.
Formal request to lender to recommend forgiveness of the PPP loan with all confirmed documentation attached.
Is the Applicant or any owner of the Applicant presently suspended, debarred, proposed for debarment, declared ineligible, voluntarily excluded from participation in this transaction by any Federal department or agency, or presently involved in any bankruptcy?
Has the Applicant, any owner of the Applicant, or any business owned or controlled by any of them, ever obtained a direct or guaranteed loan from SBA or any other Federal agency that is currently delinquent or has defaulted in the last 7 years and caused a loss to the government?
Is the Applicant (if an individual) or any individual owning 20% or more of the equity of the Applicant subject to an indictment, criminal information, arraignment, or other means by which formal criminal charges are brought in any jurisdiction, or presently incarcerated, or on probation or parole?
Within the last 5 years, for any felony, has the Applicant (if an individual) or any owner of the Business:
If any of the following are TRUE, select YES:
1) Been convicted
2) Pleaded guilty
3) Pleaded nolo contendere
4) Been placed on pretrial diversion
5) Been placed on any form of parole or probation (including probation before judgment)
We are sorry but according to the current government CARES Act guidelines, your business does not seem eligible to apply. Please contact your local SBA office for more information.
In order to match your application with a partner, first we need to know where your business is located:
Business Primary Address
District of Columbia
Armed Forces Americas
Armed Forces Europe
Armed Forces Pacific
If your business is in multiple states, select the state of the primary location.
This field is for validation purposes and should be left unchanged.