PPP Documents Needed: Independent Contractor / Self-Employed / Sole Proprietorship with No Employees
Jan 25, 2021 By Missuarda Sula
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.
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.
As a small business owner, you know that tracking your expenses can be a chore, especially if you’re doing it yourself. Making company purchases on your personal credit card is a great way to track spending while: Improving your consumer credit score Leveraging consumer protections not offered to business cards Taking advantage of a broader […]
Revenue growth is a major goal of most businesses, but it's easier said than done. There’s plenty of advice out there for small business owners on how to grow business revenue, but we wanted to ask the real experts — business owners who have been there, done that and actually boosted their revenue. Here are some real-life growth hacking tips that brought revenue success for these business owners.
With a wide range of variety in the banking needs of small businesses, it can be difficult to find a one-size-fits-all financial solution. As a small business owner, you want to be able to make the best choice in finding a banking partner to help your company grow. We’ve compiled the account features and downsides […]