Things you’ll need to apply for a Paycheck Protection Loan
You'll need to gather the following documents before you apply for your coronavirus stimulus Paycheck Protection Loan which is an SBA loan that helps businesses and nonprofits keep their workforce employed during the Coronavirus (COVID-19) crisis.
- Payroll reports from April '19 through March '20 – both the total payroll numbers for those months and each month separately, as you have to load them individually
- A picture of the principle owner's government ID
- Date organization founded
- Proof of EIN
- NAICS number
- CEO’s date of birth, Social Security Number, home address, and cell phone number
- Documentation of health insurance paid and life insurance policies paid into
- The last 4 quarters of 941 tax documentation
