Paycheck Protection Program
CARES Act Emergency Funding –
Eligible Businesses Can Qualify
for Loan Forgiveness
If your business has been harmed by the global
Coronavirus pandemic, you can get financial assistance.
Biz2Credit is offering support for businesses that need it.
Apply now for a loan under the CARES Act
Paycheck Protection Program.
DISASTER LOANS INFO
The United States Congress recently passed the 2020 CARES Act which will make up to $350 billion in loans available to small businesses impacted by Coronavirus.
Loan forgiveness for these loans is available for businesses that meet the requirements of the Paycheck Protection Program and maintain or restore their payroll volumes to pre-crisis levels.
These loans are meant for businesses trying to maintain payroll levels. Companies can receive up to 2.5x their average monthly payroll amount.
For those who qualify, loans can range up to $10 million and can now be submitted until the extended deadline of August 8th.
BE PREPARED TO APPLY
Loans under the Paycheck Protection Program have unique documentation requirements that business owners must meet. Please be prepared to provide the following before you apply.
- IRS Form 940
- IRS Form 941 (payroll)
- Business Tax Returns
- Payroll Summary Report
- Entity Formation Documents
The Paycheck Protection Program Loan Process
Fill Out the
The SBA Accepts
Get Funds in Your Account
Loan Forgiveness Eligibility Verified
Fast Online Process
Complete loan application for the Paycheck Protection Program online. Upload your required document and fill in a short questionnaire about your business. It's fast and secure. A Funding Specialist will get in touch with you to complete the process.
Disclaimer: Your Paycheck Protection Program (PPP) loan application is subject to our Business Finance Terms and Conditions. Please note that your proposed PPP loan is also subject to SBA eligibility and other requirements including documentation and size requirements. PPP loans are issued at the sole discretion of the lender and the SBA in accordance with their respective rules and other federal guidelines. Approved PPP loans are governed by definitive documentation of the lender, which incorporate PPP terms and conditions. Biz2Credit is not a lender.