The PPP mortgage is still on the market. You can use up until . In the event the funds was exhausted prior to when , the application form processes will stop. The new certification conditions are the same since a lot more than.
Zero, that you don’t. If you don’t have a merchant account with us, you happen to be needed to unlock an account. You can registered as a member if you live, work, praise, volunteer, otherwise attend college or university on Tulsa, Creek, Mayes, Okmulgee, Osage, Pawnee, Rogers, and you will Wagoner counties from Oklahoma.
- E mail us on and request Misty Wooldridge otherwise Aaron Bertoson. They’re going to deliver the application.
- When you initially submit an application for PPP fund we’ll you want their 2019 1040 Schedule C to possess worry about-operating anybody otherwise payroll profile to own W2 teams.
A corporate otherwise individual need certainly to have fun with at the least 60% of one’s amount borrowed to have payroll expenditures additionally the others is be used to many other certified expenses.
Sure, when they meet with the 1st standards and you can knowledgeable a great 25% terrible cash cures anywhere between 2019 and you may 2020.
For those who have any queries towards PPP financing, contact us in the and ask for Misty Wooldridge and Aaron Bertoson
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A beneficial PPP financing are used for payroll expenditures, electric expenses, lease or mortgage expenditures, and you can particular COVID-19 related expenditures
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