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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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How to fill out the SBA 2483-C online

Filling out the SBA 2483-C form online can seem daunting, but this guide provides clear instructions to help you through the process. This form is essential for self-employed individuals and certain contractors seeking assistance under the Paycheck Protection Program.

Follow the steps to complete your SBA 2483-C application online.

  1. Click the ‘Get Form’ button to obtain the form and open it in your browser or editing tool.
  2. Identify your status as a borrower by checking the appropriate box: Sole proprietor, Independent contractor, or Self-employed individual.
  3. Complete the DBA or Tradename field if applicable, followed by your Business Legal Name.
  4. Enter your NAICS Code, ensuring it matches your business activity code as provided on your IRS income tax filings.
  5. Fill in your Business Address with the Street, City, State, and Zip Code, remembering that P.O. Box addresses are not allowed.
  6. Provide your Business TIN (EIN, SSN, or ITIN) and Business Phone number.
  7. Enter your Primary Contact information, including their name and email address.
  8. Report your Total Amount of Gross Income from IRS Form 1040, Schedule C, Line 7.
  9. Specify the Year of Establishment if applicable and confirm if you meet the Size Standard by checking the relevant box.
  10. Select the Tax Year used for Gross Income calculation, either 2019 or 2020.
  11. Indicate the Number of Employees, including yourself if applicable.
  12. Based on whether you have employees or not, complete the appropriate tables for A, B, and C, and calculate your Loan Request Amount.
  13. Select the Purpose of the Loan by checking all that apply.
  14. List all owners with 20% or more equity of the Applicant, including their names, titles, ownership percentage, and TIN.
  15. Fill out the optional PPP Applicant Demographic Information, if you choose to provide it.
  16. Answer the eligibility questions carefully, ensuring you provide accurate responses.
  17. Sign and date the form, ensuring you include your title and print your name below your signature.
  18. Finally, save your changes, download, print, or share the completed form as needed.

Complete your SBA 2483-C form online today to access your Paycheck Protection Program benefits.

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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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