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Paycheck Protection ProgramOMB Control No.: 32450407 Expiration Date: 9/30/2021Borrower Application Form for Schedule C Filers Using Gross Income March 3, 2021AN APPLICANT MAY USE THIS FORM ONLY IF.

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You are also eligible for a PPP loan if you are an individual who operates under a sole proprietorship, or as an independent contractor, or are an eligible self-employed individual. You must have been in operation on February 15, 2020.

For first-time PPP loans, a business can borrow up to 2.5 times their average monthly payroll in loans that are 100% forgivable if they do not lay off any employees or if they rehire employees they've already laid off. ... The EIDL allows businesses to borrow up to $2 million in loans and includes a grant of up to $10k.

The streamlined SBA loan forgiveness application is available to business owners who borrowed $50,000 or less in PPP funds. ... Borrowers of small loans will no longer be required to reduce their loan forgiveness value if they reduced the salary or wages of an employee earning less than $100,000 during the covered period.

Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. Revised 03-03-21. This form is to be completed by the authorized representative of the applicant and submitted to your SBA participating lender.

ADDENDUM A = SBA FORM 2483 (AFFILIATION) Four tests for affiliation based on control apply to participants in the Paycheck Protection Program. For purposes of the determining the number of employees of an applicant to the Paycheck Protection Program, the applicant is considered together with its affiliates.

Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. Revised 03-03-21. This form is to be completed by the authorized representative of the applicant and submitted to your SBA participating lender.

In order to apply for a PPP loan as a self-employed individual or independent contractor, you have to meet the following criteria: Must be in operation before February 15, 2020. Must have income from self-employment, sole proprietorship, or as an independent contractor. Must live in the United States.

SBA Form 1919 (01/18) 1. Purpose of this form: The purpose of this form is to collect information about the Small Business Applicant ( Applicant ) and its principals, the loan request, indebtedness, information about current or previous government financing, and certain other topics.

Must be in operation before February 15, 2020. Must have income from self-employment, sole proprietorship, or as an independent contractor. Must live in the United States. Must file a Form 1040, Schedule C for 2019. Must have net profit for 2019.

PPP Round Two Loan Totals: The Small Business Administration has approved $35 billion in Paycheck Protection Program loans since opening its loan portal on January 11, 2021, according to new agency data. That dollar figure spans 400,580 round two loans through January 24,2021.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232