$350 Billion of Small Business Funding; We Submit You For SBA “PPP and EIDL” Programs Now!!
$350 Billion of Funding going to be made Available this week for Small Businesses
,If you have not submitted you going to Miss Out on this next round of Funding. We Can get you Processed Today. We have a easy online submission process. Send me a email so we can process you Today!!
We Also have special software that can help us find other funding options for you outside of the SBA. We are sometimes able to find $100’s of Thousands in additonal benefits, tax credits, tax incentives, savings, Etc. Return the attached Intake form to see what other areas we can help you. In some cases money can be in hand in less then a week or two.
We are also a Direct Lender and have over 30 Funding Options to include 0% Business Lines of Credit up to $200K and Personal Loans up to $400K. We offer a Free Consult and Action.
Addtional Information below:
Prestige Business Financial Services LLC is here to help All Small Businesses get the help they need to stay in Business. We will walk you through the process of applying and getting funding for the Paycheck Protection Program (PPP). Below is the general information. Please see attachment. We will help you every step of the way.
What is the Paycheck Protection Program (PPP)?
The SBA Paycheck Protection Program is a program through the U.S. Small Business Administration passed into legislation on March 27, 2020 as part of the CARES Act to help businesses that have been impacted by COVID-19.
Features:
Loan amounts up to 2.5x average covered monthly payroll and selected overhead expenses (not to exceed $10 million)
No fees or prepayment penalties
No business collateral or personal guarantee required
Loan forgiveness for eligible payroll, mortgage interest, rent and utilities during the covered eight-week period after origination
Interest rate of 1%
Loan term of 2 years
Payment will be deferred for 6 months (Interest will accrue during the deferral period)
No fees or prepayment penalties
No business collateral or personal guarantee required
Loan forgiveness for eligible payroll, mortgage interest, rent and utilities during the covered eight-week period after origination
Interest rate of 1%
Loan term of 2 years
Payment will be deferred for 6 months (Interest will accrue during the deferral period)
*All terms are subject to change based on the U.S. Small Business Administration guidelines
Eligibility:
Businesses/entities in operation on February 15, 2020;
Small Businesses, 501(c)(3) nonprofits, 501(c)(19) veterans organizations or tribal business concerns that have fewer than 500 employees or otherwise meet the SBA size standard;
Businesses in the accommodation and food service sector that employ 500 or fewer employees per physical location
Sole proprietors or independent contractors and eligible self-employed individuals; and
Affiliation rules are waived for any business concern operating as a franchise that is assigned a franchise identifier code by the Small Business Administration, any small business concern in the accommodations and food services sector, and any company that receives funding through a Small Business Investment Company.
Small Businesses, 501(c)(3) nonprofits, 501(c)(19) veterans organizations or tribal business concerns that have fewer than 500 employees or otherwise meet the SBA size standard;
Businesses in the accommodation and food service sector that employ 500 or fewer employees per physical location
Sole proprietors or independent contractors and eligible self-employed individuals; and
Affiliation rules are waived for any business concern operating as a franchise that is assigned a franchise identifier code by the Small Business Administration, any small business concern in the accommodations and food services sector, and any company that receives funding through a Small Business Investment Company.
Documents to prepare:
Below is a preliminary list of documents that will likely be needed to process the PPP loan.
Completed Application
Articles of Incorporation/Organization of each borrowing entity
By Laws/Operating Agreement of each borrowing entity
All owners Driver’s Licenses
Payroll Expense verification documents for the last year (March 2019-March 2020)
Articles of Incorporation/Organization of each borrowing entity
By Laws/Operating Agreement of each borrowing entity
All owners Driver’s Licenses
Payroll Expense verification documents for the last year (March 2019-March 2020)
IRS Form 940 and 941
If you do not have the IRS Forms:
If you do not have the IRS Forms:
Payroll Summary Report with corresponding bank statement
If a Payroll Summary Report is not available, Employee Pay Stubs as of February 15, 2020 (or corresponding period) with corresponding bank statement, and, breakdown of payroll benefits (vacation, allowance for dismissal, group healthcare benefits, retirement benefits, etc.)
If a Payroll Summary Report is not available, Employee Pay Stubs as of February 15, 2020 (or corresponding period) with corresponding bank statement, and, breakdown of payroll benefits (vacation, allowance for dismissal, group healthcare benefits, retirement benefits, etc.)
1099s (if Independent Contractor)
Certification that all employees live within the United States. If any do not, provide a detailed list with corresponding salaries of all employees outside the United States.
Let me know If you want to get a piece of the $350 Billion. Need to Get your Submitted Today!! My email – amorgan.prestige@gmail.com
Prestige Business Financial Services LLC
Anthony Morgan
Website- www.prestigebfs.com
Email- amorgan.prestige@gmail.com
