Paycheck Protection Program

Home COVID-19 Paycheck Protection Program

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing funds toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

First-Draw PPP Loan Application Form

Second-Draw PPP Loan Application Form

First-Draw PPP Borrower Application for Schedule C Filers Using Gross Income

Second-Draw PPP Borrower Application for Schedule C Filers Using Gross Income

How to Calculate Maximum Loan Amounts - by Business Type

How to Calculate Revenue Reduction for Second-Draws Loans

 

 

CARES ACT – PAYMENT PROTECTION PROGRAM (PPP) CHECKLIST

ENTITY INFORMATION (If not on file with CSB)

 

Legal Name & DBA w/ TIN/EIN

 

Articles of Incorporation

 

By-Laws or Operating Agreement

 

Origination Date of Business

 

Current Driver’s License of each Owner

 

PAYROLL INFORMATION – Entities with Payroll (do not include 1099’s paid)

 

Payroll Summary Report/Statement*

 

Payroll Breakdown of Payroll/Benefits/Taxes (paid by employer and employee) per employee*

 

Calculation of PPP Loan Value – Verify Amount

 

Certification Employees are US Citizens

 

IRS 940 or 941 or 943

 

Federal Employment Taxes withheld from 2/15/2020 to Present including

  • Employer and Employee’s share of FICA
  • Railroad Retirement Act Taxes

*Time Frame for Payroll is designated as 2019 Calendar Year

  Seasonal Based Businesses must also provide information for February 15 to June 30, 2019

 

 

PAYROLL INFORMATION – Independent Contractor

 

1099’s for 2019

 

OTHER INFORMATION

 

Profit/Loss for last 12 months (April 2019 to March 2020)

 

Mortgage Interest Statement (if RE Mortgage is not held with CSB)

 

Rental Payment Statements

 

Utility Bills (most recent month from application)

 

Full Zip Code XXXXX-XXXX  https://tools.usps.com/zip-code-lookup.htm?byaddress

 

NAICS code  https://www.census.gov/cgi-bin/sssd/naics/naicsrch?chart=2017