Skip to Main Content

Exciting News

Brannen Bank is excited to announce the launch of our new Digital Banking platform! For step-by-step guides, complete with helpful images, answering our most frequently asked questions, please visit www.brannenbanks.com/help. As always, thank you for being a Brannen Bank customer!

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.