Applying for thePaycheck Protection Program

Required Documents for:

Corporations

(& LLCs That File as Corporations)

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Corporations (& LLCs That File as Corporations)

If you’re a Corporation or LLC that has filed as a corporation, you’ll need the following documentation when applying for this round of the SBA Paycheck Protection Program (PPP) through Cross River Bank's automated application system.

Note: This application process works best if you are using a desktop computer (rather than amobile device), using a Chrome web browser.

1. Driver’s License / Photo ID

2. Voided Check

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3. Bank StatementsPlease provide a bank statement that covers 2/15/2020 as proof that the Applicant was in

business as of 2/15/2020. If available, bank statements that are downloaded from your bank’s website will work better than scanned versions.

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4. Form 1120 or 1120-STo substantiate health insurance (line 24 of 1120 or line 18 of 1120-S) or retirement

benefits (line 23 of 1120 or line 17 of 1120-S) to employees.

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4 5. Proof of Payroll Form 940

*Applicable only if you have employees*

While it is preferable to provide a 940, you may provide four 941 quarterly forms instead. If you choose to provide 941’s instead of a 940, please make sure that they are four consecutive quarters covering your full calculation

period (2019 or 2020). Using 941’s may require a manual underwriting which can delay your application.

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6. Form 1040 Schedule C

If line 31 is $0 or negative, you are ineligible to include this owner’s income in the PPP

application

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