PPP Documents Needed: Independent Contractor / Self-Employed / Sole Proprietorship with No Employees
Jan 25, 2021 By Missuarda Sula
Revenued is currently accepting applications for the US Small Business Administration (SBA) Paycheck Protection Program (PPP). Whether you are a first-time applicant or a borrower seeking a second draw loan, we understand the urgency of PPP funding for your small business and we are working hard to facilitate this relief.
To streamline the application process and ensure you’re able to complete the full application using our automated platform, please check out which documents you should have ready as an Independent Contractor or Self Employed business owner or Sole Proprietorship with no employees:
If line 31 is $0 or negative, you are ineligible for a PPP loan
4. Bank Statements
Please provide a bank statement that covers 2/15/2020 as proof that the Applicant was in business as of 2/15/2020. If available, bank statements that are downloaded from your bank’s website will work better than scanned versions.
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