Small and Medium-sized Businesses and Self-Employed Needing Help During Covid19

We can help those small to medium-sized businesses needing financial help.

To participate in the Payroll Protection Program (PPP) to assist small and medium-sized businesses during this time. This $350 billion in funding will provide small businesses with loans in the amount of 2.5 times their average monthly payroll costs; and, if the borrower maintains certain payroll and headcount levels during the eight-week period following the origination of the PPP loan, the principal of the PPP loan used for certain costs, including, payroll, rent, utilities and, interest on mortgage obligations, will be forgiven.

 

In the meantime, please gather the following:

 

* 3 months of payroll

* 3 years business & personal tax returns

* 3 months utilities for the business

* 3 months rent and copy of lease details

* 3 months bank statements memorializing rent and utilities payments..

 

The Loans will be forgiven as long as the companies keep people employed.. 

In addition, we have a program for those that are self-employed.

The following is what is needed for that program:

 

Profit and loss statement ready

Memorandum of Articles

Articles of Incorporation

Gov ID 

Please contact me at lspencer@thelendingcorporation.com for more information and we will send you the link to start the process.

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