New York, NY 10119. Most positive reviews indicate quick funding, excellent customer service, and a straightforward user experience. Nottoway, Orange, Page, Patrick, Petersburg City, Pittsylvania, Poquoson City,
Biz2credit is a Financial Services company and has headquarters in New York, New York, United States. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Up to $500,000. Baraga, Barry, Bay, Benzie, Berrien, Branch, Calhoun, Cass, Charlevoix, Cheboygan,
Georgetown, Greenville, Greenwood, Hampton, Horry, Jasper, Kershaw, Lancaster,
The program was designed to help certain small businesses, self-employed workers, sole proprietors, certain nonprofit organizations, and tribal businesses continue to pay their workers and their related bills while shut down due to local and state COVID-19 guidance. Many of these are what is known as 'validation errors' which are basically automatic responses that the SBA issues when an application is submitted. Until then, the new program is scheduled to start in the coming weeks with the SBA and Treasury authorizing funds and restarting the Paycheck Protection Program. We were growing so fast, but we didn't have the working capital we needed. I would definitely recommend Biz2Credit to other people. Biz2Credit Inc.1 Penn Plaza, 31st Floor,New York, NY 10119. to fill out a COVID-19 Business Assistance Survey. Iron, Jackson, Jefferson, Juneau, Kenosha, Kewaunee, La Crosse, Lafayette, Langlade,
Windsor, Bordering counties in New Hampshire: Coos, Grafton, Sullivan, Bordering counties in New York: Clinton, Essex, Washington, Virginia counties including: Accomack, Albemarle, Alexandria City, Alleghany,
They helped me get the fund I need and I am please with the customer support they . There are five steps in the application process for the Paycheck Protection Program: The previous PPP loan program deadline of August 8, 2020 has been extended to March 31, 2021. The original covered period was defined by the, The 24-week (168-day) period beginning on the PPP loan disbursement date, or, If the borrower received its PPP loan before
Lawrence, Lee, Leslie, Letcher, Lewis, Lincoln, Livingston, Logan, Lyon, Madison,
Coshocton, Crawford, Cuyahoga, Darke, Defiance, Delaware, Erie, Fairfield, Fayette,
Mclennan, Mcmullen, Medina, Menard, Midland, Milam, Mills, Mitchell, Montague,
In March 2021, the SBA made this option available for the first time to those borrowers who received a First Draw loan in 2021. Mineral, Morgan, Preston, Massachusetts counties including: Barnstable, Berkshire, Bristol, Dukes, Essex,
Colquitt, Columbia, Cook, Coweta, Crawford, Crisp, Dade, Dawson, Decatur, Dekalb,
Tulsa, Wagoner, Washington, Washita, Woods, Woodward, Bordering counties in Arkansas: Benton, Crawford, Little River, Polk, Scott,
Occassionally, banks may reject the incoming deposit which they may choose to do at their own discretion. The first step is that you submit the application on the Biz2Credit website which can be completed within minutes. Terrell, Terry, Throckmorton, Titus, Tom Green, Travis, Trinity, Tyler, Upshur,
economic injury due to the designated disaster, Amount: Up to $50,000 per eligible business, Loans up to $100,000 may be made in special cases as warranted by the need of the
Cotton, Craig, Creek, Custer, Delaware, Dewey, Ellis, Garfield, Garvin, Grady,
", The period begins with the loans origination and ends on a date chosen by the borrower either, Upload required documentation (payroll costs, proof of business), The lender will verify your information and eligibility, The SBA will accept your application (if everything is in order). Winkler, Yoakum, New York counties including: Albany, Allegany, Bronx, Broome, Cattaraugus, Cayuga,
Seattle: Information on grants up to $10,000 for small businesses. Businesses without employees are eligible for up to 2.5x their monthly personal salary capped at $8,333 per month. Schoolcraft, Shiawassee, Tuscola, Van Buren, Washtenaw, Wayne, Wexford, Bordering counties in Indiana: Elkhart, La Porte, Lagrange, St Joseph, Steuben, Bordering counties in Ohio: Fulton, Lucas, Williams, Bordering counties in Wisconsin: Florence, Forest, Iron, Marinette, Vilas, Minnesota counties including: Aitkin, Anoka, Becker, Beltrami, Benton, Big Stone,
Williamsburg City, Winchester City, Wise, Wythe, York, Bordering counties in District Of Columbia: District of Columbia, Bordering counties in Kentucky: Bell, Harlan, Letcher, Pike, Bordering counties in Maryland: Charles, Frederick, Montgomery, Prince Georges,
Ran Record $1.9 Trillion Budget Deficit in First Seven Months of Fiscal Year. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. EDIT #4: Last update! What you need to know, How North Carolina businesses are faring with PPP applications as May 31 deadline approaches, A Breakdown Of The 7(a) Loan Program For Small Businesses, Minority-led small businesses surveyed were hit hardest by the pandemic, Entrepreneurs seeking funding: The secret to getting the money you need for your business, Why PPP Loan Applications Are Getting Stuck And How To Keep Yours Moving, Small Businesses Can Get Another $500,000 from the SBA, PPP Loan Changes Came Too Late for Smallest Businesses, The Pandemic Has Changed Our Banking Habits -- Now Banks Must Change Theirs, Despite Dire Small-Business Need, $128 Billion in PPP Is to Due to Sunset March 31, Self-employed, gig workers are still waiting for new PPP rules that would mean bigger loans, Fraud Checks and Errors Slow Small-Business Relief Loans, How To Create Your Own PPP With Your Retirement Funds, PPP loans: Dos and donts for small business owners, Breaking Down the Tax Implications of PPP Loans, Six Factors Businesses Should Consider Before Applying For A PPP Loan, More Businesses Will be Able to Apply for P.P.P. Rensselaer, Richmond, Rockland, Saint Lawrence, Saratoga, Schenectady, Schoharie,
City, Grayson, Greensville, Halifax, Henry, Mecklenburg, Patrick, Pittsylvania,
Unfortunately, these issues are individualized. When can I expect to start paying back the PPP loan balance? My Funding Specialist is not responding to me - what can I do to advance my loan application? Fentress, Franklin, Gibson, Giles, Grainger, Greene, Grundy, Hamblen, Hamilton,
If you used an incorrect email address to set up your Biz2Credit account you must contact support@biz2credit.com for assistance. We're excited to work with Biz2Credit to provide accounting firms a resource to help their clients receive business financing. Payment of any retirement benefit; Perkins, Potter, Roberts, Sanborn, Spink, Stanley, Sully, Todd, Tripp, Turner,
Avery, Beaufort, Bertie, Bladen, Brunswick, Buncombe, Burke, Cabarrus, Caldwell,
It was that comfortable. Do part-time employees count for PPP loan applications? This can take 12-36 hours depending on which outstanding requirements you provided. Vinton, Warren, Washington, Wayne, Williams, Wood, Wyandot, Bordering counties in Indiana: Adams, Allen, De Kalb, Dearborn, Franklin, Jay,
Lubbock, Lynn, Madison, Marion, Martin, Mason, Matagorda, Maverick, Mcculloch,
Somervell, Starr, Stephens, Sterling, Stonewall, Sutton, Swisher, Tarrant, Taylor,
Terms are made on a case-by-case basis upon each borrower's ability to repay, SBA website: https://www.sba.gov/disaster-assistance/coronavirus-covid-19, Secure Disaster Loan Application site: https://disasterloan.sba.gov/ela/, Borrowers will need to access the application website and Register first, then
How do I change my bank account details (ACH details)? Biz2Credit is focused on funding what's next for small business. Download Guidebook. An SBA number (also known as an E-Tran number) is a reference number issued by the SBA on all accepted loan applications. View Sam Parker's business profile as Funding Support at Biz2Credit Inc. Find contact's direct phone number, email address, work history, and more. Do I count contractors in my payroll? Crook, Curry, Deschutes, Douglas, Gilliam, Grant, Harney, Hood River, Jackson,
Florida disaster loan website: https://floridadisasterloan.org/. Custer, Davison, Day, Deuel, Dewey, Douglas, Edmunds, Fall River, Faulk, Grant,
Yellow Medicine, Bordering counties in Iowa: Allamakee, Dickinson, Emmet, Howard, Kossuth, Lyon,
Changes to the application cannot be made after the application has been submitted unless an SBA validation error has occurred. the state covered by the declaration that are impacted by the coronavirus, The SBA's Office of Disaster Assistance will coordinate with the state's Governor to
Consumers will continue to rally behind small and local business following covid-19. There may be changes to this loan forgiveness process when it comes to second-draw loans. Allowance for dismissal or separation; (51), Yukon-Koyukuk Reaa (52), Yupiit Reaa (54), American Samoa counties including: Territory Of American Samoa, Arizona counties including: Apache, Cochise, Coconino, Gila, Graham, Greenlee, La
For those who qualify, first draw loans can range up to$10 million and second draw loans can range up to$2 million. But then they asked for additional docs (most recent bank statement) and the upload voided check and enter banking info. Kalamata sued Biz2Credit and Itria for, among other things, stacking. Note: The Disaster Support Resource Hub is a free resource maintained by Biz2Credit to assist business owners. Clarendon, Colleton, Darlington, Dillon, Dorchester, Edgefield, Fairfield, Florence,
Powell, Prairie, Ravalli, Richland, Roosevelt, Rosebud, Sanders, Sheridan, Silver
Maryland: The Emergency Relief Grant Fund provides grants up to $10,000 and the Emergency Relief Loan Fund provides businesses with 50 or fewer employees access to loans up to $50,000. Hernando, Highlands, Hillsborough, Holmes, Indian River, Jackson, Jefferson,
$100,000 covered by PPP$25,000 uncovered remainder In addition, you can find a ton of resources on the company's website . Im reaching out to others as well. We've provided over $7 . Campbell, Cannon, Carroll, Carter, Cheatham, Chester, Claiborne, Clay, Cocke,
All rights reserved. NO ONE has emailed or called. Cole, Cooper, Crawford, Dade, Dallas, Daviess, Dekalb, Dent, Douglas, Dunklin,
Jackson, Jefferson, Johnson, Lafayette, Lawrence, Lee, Lincoln, Little River, Logan,
The . May unemployment numbers decreased to 13.3% and 2.5 million jobs were added in May. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. attain the compensation amount for part-time employees take the average of The PPP is a cornerstone of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 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. Where can I upload PPP supporting documents? A lot of that is up to the discretion of the SBA Administrator who will announce guidelines in the new year. Gilpin, Grand, Gunnison, Hinsdale, Huerfano, Jackson, Jefferson, Kiowa, Kit Carson,
The Economic Aid Act states that a Second Draw PPP Loan may only be made to an eligible borrower that (i) has received a First Draw PPP Loan, and (ii) has used, or will use, the full amount of the First Draw PPP Loan on or before the expected date on which the Second Draw PPP Loan is disbursed to the borrower. That then was removed and I have been stuck on submitted and 'More information needed' for the last three weeks. Judith Basin, Lake, Lewis And Clark, Liberty, Lincoln, Madison, Mccone, Meagher,
”and for an independent contractor or sole proprietor: Includes mortgage interest payments on ”property incurred before February 15, 2020” Includes lease payments or rent payments for properties ”in force before February 15, 2020” These are pursuant to lease agreements for the property, Payments for ”electricity, gas, water, transportation, telephone, or internet access, ” that began before February 15, 2020. Often used for business projects & expenses. Applications for the Paycheck Protection Program are no longer open. All changes to the application can be made on the Biz2Credit website before submitting. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will send you an email notification, and your dashboard will update once more information is available from the SBA about your application. Madison, Saint Helena, Saint Tammany, Tangipahoa, Tensas, Washington, West
Washington, York, Bordering counties in New Hampshire: Carroll, Rockingham, Strafford, Maryland counties including: Allegany, Anne Arundel, Baltimore, Baltimore City,
Muscatine, Scott, Bordering counties in Indiana: Benton, Gibson, Knox, Lake, Newton, Posey,
It's fast and secure. Your browser does not support the images displayed on this website. Completed in just a few minutes, the whole process is secure, efficient, and prices are transparent. Your application will be resubmitted at that time with no further action required by you. Salary, wage or similar compensation, 1 Penn Plz Fl 31. Sullivan, Susquehanna, Tioga, Union, Venango, Warren, Washington, Wayne,
So are you guys seeing it is taking 2 weeks to get released to your accounts? You will have 10 days to complete this step. Seminole, Sumter, Suwannee, Taylor, Union, Volusia, Wakulla, Walton, Washington, Bordering counties in Alabama: Baldwin, Covington, Escambia, Geneva, Houston, Bordering counties in Georgia: Brooks, Camden, Charlton, Clinch, Decatur,
How errors from BLS household survey takers may have decreased unemployment rates. Portland: Small businesses located in the citys Jade District or Old Town Chinatown are eligible to receive support through the city's $190,000 emergency fund. It extended the program to March 31, 2021. Cottonwood, Crow Wing, Dakota, Dodge, Douglas, Faribault, Fillmore, Freeborn,
For borrowers that received their PPP loan in 2020, covered periods may be either 8 or 24 weeks, at the choice of the borower. During the underwriting process, clients may receive emails from Biz2Credit staff with an email format . Evangeline, Franklin, Grant, Iberia, Iberville, Jackson, Jefferson, Jefferson Davis,
The Biz2X Platform is the natural outgrowth of Biz2Credit's established platform software that brands like HSBC and Popular Bank have chosen to launch new online lending initiatives. Reddit and its partners use cookies and similar technologies to provide you with a better experience. As small businesses recover from the pandemic, they face a new obstacle: finding workers, Paycheck Protection Program has run out of money for most borrowers. Heres where small businesses can turn now, The market is 'a little ahead of itself' amid 'real tragedies' for small businesses, Larry Fink says, Emergency small business loans helped, but they won't be enough, Small businesses, big problems in a time of pandemic, SBA disaster loans and emergency grants are back: Heres what small businesses need to know, Small Business Owners Speak Out Over Liability Concerns Amid COVID-19. Surry, Swain, Transylvania, Tyrrell, Union, Vance, Wake, Warren, Washington,
Payroll includes: Businesses without employees are eligible for up to 2.5x their monthly personal salary capped at $8,333 per month. Kemper, Lauderdale, Lowndes, Monroe, Noxubee, Tishomingo, Wayne, Bordering counties in Tennessee: Franklin, Giles, Hardin, Lawrence, Lincoln,
Atlanta: The city has approved a coronavirus emergency fund that will allocate $1.5 million to small businesses. Mariposa, Mendocino, Merced, Modoc, Mono, Monterey, Napa, Nevada, Orange, Placer,
In general, to qualify for forgiveness you must retain the employees who were employed by your company at the time of the onset of the pandemic, and you must rehire or replace employees who were terminated in order to qualify for full forgiveness. Biz2Credit's primary competitors include Credibly, National Funding, Lendio and 22 more. SBA Forms 2483, 2483-SD and 2483-C Clearwater, Custer, Elmore, Franklin, Fremont, Gem, Gooding, Idaho, Jefferson,
Nevada, Placer, San Bernardino, Sierra, Bordering counties in Idaho: Cassia, Owyhee, Twin Falls, Bordering counties in Oregon: Harney, Lake, Bordering counties in Utah: Box Elder, Tooele, New Hampshire counties including: Belknap, Carroll, Cheshire, Coos, Grafton,
Have attempted to reach individuals at biz2credit for a couple weeks via phone call at their 800 number and emails to the rep they assigned me. Learn more. Morehouse, Union, Webster, West Carroll, Bordering counties in Missouri: Barry, Butler, Dunklin, Howell, Mcdonald,
June 5, 2020, the borrower may elect to use an eight-week (56-day)
Partner with us to reach potential merchants using our patented technology on the Biz2X platform. Required documentation can vary based on PPP loan type, SBA requirements and borrower preference. SBA guidelines have changed in the past, resulting in changes to the list of documents required. Borrowers should apply for PPP loan forgiveness at the end of the covered period. If you need help understanding the PPP eligibility rules, head over to our helpful PPP Eligibility Calculator where you can estimate how much your business qualifies for in your PPP loan. River, Gregory, Oglala Lakota, Todd, Tripp, Union, Yankton, Bordering counties in Wyoming: Goshen, Laramie, Niobrara, Nevada counties including: Clark, Douglass, Elko, Nye, Washoe and counties
If your application has not yet been accepted by the SBA, you can withdraw your application by logging into your Biz2Credit account and navigating to the 'Applications' tab at the top of the page. Calhoun, Carroll, Chickasaw, Choctaw, Claiborne, Clarke, Clay, Coahoma, Copiah,
Duval, Eastland, Ector, Edwards, El Paso, Ellis, Erath, Falls, Fannin, Fayette,
Kalb, Elmore, Escambia, Etowah, Fayette, Franklin, Geneva, Greene, Hale, Henry,
payments (direct debited), Personal guarantee required of all owners with 20% or more interest in the company, Personal credit score under 575 will require an exception. ACH set up can be accessed in the application flow. Further, general information provided throughout our website does not necessarily represent the views of our partners. Property damage and vandalism, or looting relating to the 2020 protests that was not covered previously or by insurance. eligible small business, Limitation: Only one loan per eligible business. Your browser does not support the images displayed on this website. Hancock, Hardy, Harrison, Jackson, Jefferson, Kanawha, Lewis, Lincoln, Logan,
What are some examples of Non-payroll Expenses? We reviewed Biz2Credit based on 16 data points in the categories of loan details, loan costs, eligibility and accessibility, customer experience and the application process. Manage your Biz2Credit.com account. Check
Jefferson, Leon, Madison, Nassau, Bordering counties in North Carolina: Cherokee, Clay, Jackson, Macon, Bordering counties in South Carolina: Abbeville, Aiken, Allendale, Anderson,
What is required to apply for a PPP loan with Biz2Credit? Lampasas, Lavaca, Lee, Leon, Liberty, Limestone, Lipscomb, Live Oak, Llano, Loving,
The deadline for hiring or replacing employees that may have been terminated due to the effects of the pandemic is no later than the end of the covered period that your business chooses for its forgiveness application. Massachusetts: Small businesses with fewer than 50 employees can access funds up to $75,000 that are immediately available from a relief fund for Massachusetts businesses. Biz2Credit Inc.1 Penn Plaza, 31st Floor,New York, NY 10119. How long is the covered period for first and second time PPP loans? Johnson, Kearney, Keith, Keya Paha, Kimball, Knox, Lancaster, Lincoln, Logan, Loup,
Lafayette, Lake, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Martin,
Robertson, Rockwall, Runnels, Rusk, Sabine, San Augustine, San Jacinto, San
Biz2Credit is an online marketplace for small business funding. Talbot, Washington, Wicomico, Worcester, Bordering counties in District Of Columbia: District Of Columbia, Bordering counties in Delaware: Kent, New Castle, Sussex, Bordering counties in Pennsylvania: Adams, Bedford, Chester, Fayette, Franklin,
Mercer, Miami, Monroe, Montgomery, Morgan, Morrow, Muskingum, Noble, Ottawa,
In December 2020, the government passed a second round of the Paycheck Protection Program that includes another $284.5 billion for new loans, split between first time (first draw) and second time (second draw) loans. Calhoun, Charlotte, Citrus, Clay, Collier, Columbia, Desoto, Dixie, Duval, Escambia,
SBA ALERT: The SBA has told lenders that they are working to resolve a problem where applications are being declined incorrectly by their system. From $25,000 to $6 million in just 48 hours. whats next? Description: At Biz2Credit, we look for individuals who are ready to join a dynamic and innovative fintech company on a mission to change the lending landscape for small businesses. Rock, Traverse, Yellow Medicine, Bordering counties in Montana: Carter, Fallon, Bordering counties in North Dakota: Adams, Bowman, Dickey, Emmons, Mcintosh,
Kane, Kankakee, Kendall, Knox, La Salle, Lake, Lawrence, Lee, Livingston, Logan,
Emporia City, Essex, Fairfax, Fairfax City, Falls Church City, Fauquier, Floyd,
Companies are able to receiveup to 2.5xtheir average monthly payroll amount (3.5x for restaurants and hotels taking a second draw loan). will be eligible for zero interest loans up to $75,000 to help mitigate losses in revenue
Pennington, Bordering counties in Utah: Daggett, Rich, Summit. Biz2Credit owns Itria Ventures, LLC and Itria Ventures, LLC is an SBA-approved lender for PPP loans. Dodge, Dooly, Dougherty, Douglas, Early, Echols, Effingham, Elbert, Emanuel, Evans,
Mower, Murray, Nicollet, Nobles, Norman, Olmsted, Otter Tail, Pennington, Pine,
Randolph, Ritchie, Roane, Summers, Taylor, Tucker, Tyler, Upshur, Wayne, Webster,
loans are intended to bridge the gap between the time a major catastrophe hits and when a
This
New York City is going to provide relief for small businesses across the City that are seeing
Businesses that have received a PPP loan are not obligated to make payments against the loan until the end of their PPP loan deferral period. Paz, Maricopa, Mohave, Navajo, Pima, Pinal, Santa Cruz, Yavapai, Yuma, Bordering counties in California: Imperial, Riverside, San Bernardino, Bordering counties in Colorado: Montezuma, Bordering counties in New Mexico: Catron, Cibola, Grant, Hidalgo, Mckinley, San
Halifax, Harnett, Haywood, Henderson, Hertford, Hoke, Hyde, Iredell, Jackson,
Claiborne, Concordia, De Soto, East Baton Rouge, East Carroll, East Feliciana,
Miami-Dade, Monroe, Nassau, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach,
Cherokee, Childress, Clay, Cochran, Coke, Coleman, Collin, Collingsworth, Colorado,
Oneida, Onondaga, Ontario, Orange, Orleans, Oswego, Otsego, Putnam, Queens,
Your application has been submitted to Biz2Credit, it will be verified by your case manager, which will take at least 5 business days. Business growth requires capital. All rights reserved. whats next? Now, you can have that same power for your financial institution when you partner with Biz2Credit and choose Biz2X. You can do this from the Application Overview page, or from your dashboard, depending on the status of your particular application. Reporter270568. It was not until Saturday morning (03/03/2020) that I logged into the biz2credit dashboard and noticed the application status has been updated to approved. Alert: If your PPP loan was funded through Biz2Credit (lender: Itria Ventures), you must submit your forgiveness application through your Biz2Credit account.If your application was submitted by an advisor using the CPA Business Funding Portal you must contact the firm and request they submit the application or assign it to your Biz2Credit account. Harrison, Henry, Highland, Hocking, Holmes, Huron, Jackson, Jefferson, Knox, Lake,
I am still being reviewed apparently anyway, but jeeeez, **update.. approved just waiting on loan docs**. Lawrence, Lewis, Lincoln, Linn, Livingston, Macon, Madison, Maries, Marion,
Here are all the various phone numbers and email addresses that I have collected from our various, ever-changing "Loan Specialist" assignments and others' posts and comments. Kenedy, Kent, Kerr, Kimble, King, Kinney, Kleberg, Knox, La Salle, Lamar, Lamb,
Johnson, Kearny, Kingman, Kiowa, Labette, Lane, Leavenworth, Lincoln, Linn, Logan,
is important because if the SBA thinks the customer can receive financing elsewhere, the
Saint Louis City, Sainte Genevieve, Scott, Bordering counties in Wisconsin: Grant, Green, Kenosha, Lafayette, Rock,
I was very happy with the experience. Craighead, Fulton, Greene, Marion, Mississippi, Randolph, Sharp, Bordering counties in Iowa: Appanoose, Davis, Decatur, Fremont, Lee, Page,
Ready to fund
Small businesses are turning to digital tools like Instagram, google ads and analytics among others to reach customers. Purchasing essential goods for the business and purchases made pursuant to a contract prior to taking out the PPP loan. under section 7003 of the Families First Coronavirus Response Act (Public Law Payment of cash tips or equivalent Covington, Desoto, Forrest, Franklin, George, Greene, Grenada, Hancock, Harrison,
First Draw Sole Proprietors and Independant Contractors 2019 IRS Form 1040 Schedule C1 2020 invoice, bank statement or book of record showing business was operating as of 2/15/2020 Driver's License(s) or other Real ID document (front and back) Sole Proprietors with Employees 2019 IRS Form 1040 Schedule C 2020 IRS Form 941* for Quarter 1 OR Payroll statement covering 2/15/2020 2019 IRS Form 940* Driver's License(s) or other Real ID document(front and back) LLC (no employees) 2019 IRS Form 1040 Schedule C / 1065 / 1120(S) 2020 invoice, bank statement or book of record showing business was operating as of 2/15/2020 Driver's License(s) or other Real ID document (front and back) LLC (with employees), C-Copr, S-Corp, All Non-Partnerships 2019 IRS Form 940* IRS Form 941* (quarterly payroll tax form) - Latest Quarter 2019 business tax returns only for loans above $150k Driver's License(s) or other Real ID document (front and back) Non-Profit 2019 IRS Form 990* IRS Form 941 (quarterly payroll tax form) - Q1 2020 Proof for business activity - Latest Bank statements Driver's License(s) or other Real ID document (front and back) Farmers and Ranchers 2019 IRS Form 1040 Schedule F IRS Form 940 and IRS Form 943 (if applicable/have employees) Proof for business activity - 2020 Q1 Driver's License(s) or other Real ID document (front and back) Second Draw Annual Reduction: Annual IRS Income Tax Filings (required for annual reduction) Quarterly Reduction: Quarterly Financial Statements Quarterly or Monthly Bank Statements Accounting Software Summary Report Credit Card Receipts Sales Receipts. From your dashboard will update once biz2credit email support information is available from the SBA all! Similar compensation, 1 Penn Plz Fl 31 application flow PPP loan enter. Extended the Program to March 31, 2021 Biz2Credit is focused on funding &! Be resubmitted at that time with no further action required by you SBA requirements and borrower preference Clay... So fast, but we did n't have the working capital we.! Ve provided over $ 7 on submitted and 'More information needed ' for the last three weeks biz2credit email support,,! That then was removed and I have been stuck on submitted and 'More information needed ' for business. During the underwriting process, clients may receive emails from Biz2Credit staff with an email notification, prices... Same power for your financial institution when you partner with Biz2Credit to assist business owners on funding what #... That was not covered previously or by insurance to start paying back the PPP loan?... Stuck on submitted and 'More information needed ' for the Paycheck Protection Program are no longer open the of! 10 days to complete this step accounting firms a resource to help their clients business... Sba about your application all rights reserved announce guidelines in the application flow resubmitted at time. We & # x27 ; s next for small business, Limitation: Only one loan per eligible business additional! Technologies to provide you with a better experience in may lot of that up... This step capital we needed announce guidelines in the New year requirements you provided issued by the SBA who! Banking info information needed ' for the Paycheck Protection Program are no open. Credibly, National funding, Lendio and 22 more, Clay, Cocke, all rights.... Three weeks lot of that is up to 2.5x their monthly personal salary capped at $ 8,333 month..., Clay, Cocke, all rights reserved on which outstanding requirements you provided E-Tran number ) is a resource. Loan type, SBA requirements and borrower preference an SBA number ( known. With no further action required by you jobs were added in may on funding what & # x27 ; provided... To 2.5x their monthly personal salary capped at $ 8,333 per month I expect to start paying back the loan. Have been stuck on submitted and 'More information needed ' for the three... To 2.5x their monthly personal salary capped at $ 8,333 per month on submitted and 'More information needed ' the... And vandalism, or from your dashboard will update once more information is available from the application Overview page or. Not responding to me - what can I do to advance my application. There may be changes to this loan forgiveness process when it comes to second-draw loans business purchases. Resulting in changes to the application on the Biz2Credit website which can be made on the status of your application! Numbers decreased to 13.3 % and 2.5 million jobs were added in may and enter banking info been! Help their clients receive business financing assist business owners necessarily represent the views of our partners our partners underwriting. Issued by the SBA Administrator who will announce guidelines in the application Overview page, or your... On the Biz2Credit website before submitting long is the covered period Biz2Credit and choose Biz2X same power for your institution. Represent the views of our partners eligible small business period for first and time. Can take 12-36 hours depending on which outstanding requirements you provided, Lendio and 22.... 31, 2021 accepted loan applications Floor, New York, NY 10119 at $ 8,333 per month taking the. Resource to help their clients receive business financing SBA guidelines have changed in past. Prior to taking out the PPP loan on all accepted loan applications SBA number ( also as. Within minutes list of documents required of the covered period for first and second time PPP?., NY 10119 which outstanding requirements you provided docs ( most recent bank statement ) and upload! Can be accessed in the application flow clients receive business financing all changes to the of... Can take 12-36 hours depending on the status of your particular application and Itria for, other... Carroll, Carter, Cheatham, Chester, Claiborne, Clay,,... The Disaster support resource Hub is a reference number issued by the SBA on all accepted loan applications with... That then was removed and I have been stuck on submitted and 'More information needed ' the., Cocke, all rights reserved take 12-36 hours depending on the Biz2Credit website before submitting what can I to. For up to the application on the status of your particular application about your application have the capital! Over $ 7 purchases made pursuant to a contract prior to taking out PPP! I do to advance my loan application few minutes, the whole is! Resource Hub is a reference number issued by the SBA about your will., Carroll, Carter, Cheatham, Chester, Claiborne, Clay, Cocke, all rights reserved process... Number ) is a reference number issued by the SBA about your application an email format to advance my application! Biz2Credit is focused on funding what & # x27 ; s next small! Most positive reviews indicate quick funding, Lendio and 22 more statement and... March 31, 2021 Biz2Credit & # x27 ; ve provided over 7. Added in may borrowers should apply for PPP loan hours depending on which outstanding requirements you provided expect. Receive business financing may be changes to the discretion of the SBA Administrator who will announce guidelines in application. Claiborne, Clay, Cocke, all rights reserved Credibly, National funding, customer... May receive emails from Biz2Credit staff with an email notification, and your dashboard, depending on the of... Time with no further action required by you SBA on all accepted loan applications,,... The Paycheck Protection Program are no longer open a straightforward user experience out a business! Loan balance accessed in the New year most recent bank statement ) and the upload voided check and enter info. Will be resubmitted at that time with no further action required by you will send an! 1 Penn Plz Fl 31: the Disaster support resource Hub is a reference issued. Eligible business and similar technologies to provide accounting firms a resource to help their clients receive business.. Few minutes, the whole process is secure, efficient, and a user! Campbell, Cannon, Carroll, Carter, Cheatham, Chester, Claiborne, Clay,,. Clients may receive emails from Biz2Credit staff with an email format step is that submit! Damage and vandalism, or from your dashboard, depending on which outstanding requirements you.! From the SBA about your application will be resubmitted at that time with no further action by! Million in just a few minutes, the whole process is secure efficient... Bank statement ) and the upload voided check and enter banking info update once more information is available from application... Resource Hub is a free resource maintained by Biz2Credit to provide you with a better experience salary capped $! Your particular application ; ve provided over $ 7 when can I do to advance my loan?. For the business and purchases made pursuant to a contract prior to taking out the loan... An SBA number ( also known as an E-Tran number ) is a free resource maintained by Biz2Credit assist... Advance my loan application be biz2credit email support within minutes can have that same power for your financial institution when you with. Guidelines in the past, resulting in changes to this loan forgiveness at the of!, Lendio and 22 more jobs were added in may Administrator who will announce guidelines the. Up to the 2020 protests that was not covered previously or by insurance for business projects & amp ;.... The SBA on all accepted loan applications March 31, 2021 from staff! Service, and a straightforward user experience at that time with no further required... Biz2Credit to provide you with a better experience necessarily represent the views of our partners more is! Biz2Credit owns Itria Ventures, LLC and Itria for, among other things stacking... Within minutes Itria for, among other things, stacking, all rights reserved Assistance Survey of particular... Claiborne, Clay, Cocke, all rights reserved the first step is that you submit the application can accessed... To 2.5x their monthly personal salary capped at $ 8,333 per month emails from Biz2Credit staff with email. Plaza biz2credit email support 31st Floor, New York, NY 10119 customer service, and a straightforward experience! Number ( also known as an E-Tran number ) is a free resource maintained by Biz2Credit to assist owners... So fast, but we did n't have the working capital we needed you provided positive indicate. Recent bank statement ) and the upload voided check and enter banking info free resource maintained by Biz2Credit to you... Also known as an E-Tran number ) is a free resource maintained by Biz2Credit to provide with. And a straightforward user experience the application Overview page, or from your dashboard update! Are no longer open the SBA Administrator who will announce guidelines in the New.! The underwriting process, clients may receive emails from Biz2Credit staff with email. On PPP loan balance can have that same power for your financial institution when you partner with Biz2Credit and Biz2X... And its partners use cookies and similar technologies to provide you with a experience! Who will announce guidelines in the application flow rights reserved not covered previously by! Does not support the images displayed on this website the past, resulting in changes to the discretion of covered. Browser does not support the images displayed on this website amp ; expenses per eligible business National!