Paycheck Protection Program Required Documents

A copy of the following documents as applicable to the business (C-Corp/S-Corp/LLC):

• IRS Quarterly 940 and 941’s for the prior twelve-month period
• If employees are leased include the 2019 YTD report from the vendor
• Detail of any employee making over $100,000, if applicable
• Documentation showing total of all health insurance premiums paid by the company owner(s) under a group health plan.
• Document the sum of all retirement plan funding that was paid by the company owner(s) (do not include funding that came from employees out of their paycheck deferrals).
  • Include all employees and the company owners
  • Include 401K plans, Simple IRA, SEP IRA’s

For Schedule C Employers (Sole Proprietors):

• Include 2019 full tax return
• 940 and 941’s if the business has employees
• Detail of any employee making over $100,000, if applicable

For all applicants:

• Evidence from the Secretary of State’s website that your entity is in good standing (in existence and active).
• Bylaws for corporation or operating agreement (for LLC). This document must reflect 100% ownership percentage and those percentages must match those reflected on you application.
• Valid government issued picture identification for each owner.