PPP Documents Needed: Independent Contractor / Self-Employed / Sole Proprietorship with No Employees

Note: Due to funding no longer being available through the US Small Business Administration (SBA) for the Paycheck Protection Program (PPP), Revenued is no longer accepting applications.

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.

 

If you haven’t already, start your PPP application now

 

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:

 

 

 

 

1. Driver’s License / Photo ID

 

 

2. Voided Check

 

 

3. Form 1040 Schedule C

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.

 

Click here if you’d like to download this page as a PDF

Note: Due to funding no longer being available through the US Small Business Administration (SBA) for the Paycheck Protection Program (PPP), Revenued is no longer accepting applications.

We're working on some pretty cool new pieces of content, including tools that will give you insight into your business finances.

Want to be the first to know when they launch?

Do You Need a Detailed Business Plan to Apply for a Business Loan?

Your business needs a loan. Maybe you are just getting off the ground or needing capital to fuel an expansion opportunity or fund your next big project while waiting for customers to pay their invoices.  Whatever the reason, you will need to make a good impression to have a shot at a traditional bank loan. […]

The Best Business Credit Cards for a Sole Proprietorship

In sole proprietorships, the owner is allowed to co-mingle business and personal finances, so using a business card can help keep track of business expenses and separate them from personal expenses for accounting and tax purposes.