For borrowers that received their PPP loan in 2020, covered periods may be either 8 or 24 weeks, at the choice of the borower. Applications must be submitted by March 31st. We may also ask to see your driver's license or other identifying documents. Barrow, Bartow, Ben Hill, Berrien, Bibb, Bleckley, Brantley, Brooks, Bryan, Bulloch, Lapeer, Leelanau, Lenawee, Livingston, Luce, Mackinac, Macomb, Manistee, Marquette, whats next? Tazewell, Virginia Beach City, Warren, Washington, Waynesboro City, Westmoreland, That's why we have funding options that fit what you need and match what you do. Partner with us to reach potential merchants using our patented technology on the Biz2X platform. Comanche, Cowley, Crawford, Decatur, Dickinson, Doniphan, Douglas, Edwards, Elk, The program focused on businesses with less than 500 employees, however, larger corporations were able to take advantage of funding for a number of months. Fulton, Garland, Grant, Greene, Hempstead, Hot Spring, Howard, Independence, Izard, Upload your required documents and fill in a short questionnaire about your business to determine your eligibility. Syracuse: Information on zero-percent interest, 180-day emergency loans up to $25,000 for the city's small businesses. Fulton, Lancaster, Somerset, York, Bordering counties in Virginia: Accomack, Alexandria City, Arlington, Fairfax, Wilson, Woodson, Wyandotte, Bordering counties in Arkansas: Ashley, Chicot, Columbia, Lafayette, Miller, Richland, Rock, Rusk, Saint Croix, Sauk, Sawyer, Shawano, Sheboygan, Taylor, Surry, Vance, Warren, Bordering counties in Tennessee: Claiborne, Hancock, Hawkins, Johnson, Sullivan, Bordering counties in West Virginia: Berkeley, Greenbrier, Hampshire, Hardy, What Does This Mean for Your Application? Hancock, Hardy, Harrison, Jackson, Jefferson, Kanawha, Lewis, Lincoln, Logan, Custer, Delta, Denver, Dolores, Douglas, Eagle, El Paso, Elbert, Fremont, Garfield, Biz2Credit has an overall rating of 4.2 out of 5, based on over 403 reviews left anonymously by employees. I got funded this morning. Montague, Ochiltree, Red River, Sherman, Wheeler, Wichita, Wilbarger, Oregon counties including: Baker, Benton, Clackamas, Clatsop, Columbia, Coos, Starts at $25,000. Atascosa, Austin, Bailey, Bandera, Bastrop, Baylor, Bee, Bell, Bexar, Blanco, Read More . In March, when the Coronavirus Aid, Relief, and Economic Security Act, was passed, a $350 billion forgivable loan program was established. ACH set up can be accessed in the application flow. According to the suit, this translates to more than $60,000 in interest in only 189 days, or an annualized interest rate of more than 47 percent. The interest rate PPP Forgiveness Required Documentation for Clients - give your clients a resource they can use to prepare for PPP forgiveness applications, and reference if applying on their own. Check your Biz2Credit dashboard for the latest information on your loan. Roberts, Bordering counties in Wisconsin: Buffalo, Burnett, Douglas, La Crosse, Pepin, Massachusetts Governor Baker announced a $10 million Small Business Recovery Loan Fund that Kandiyohi, Kittson, Koochiching, Lac Qui Parle, Lake, Lake Of The Woods, Le Sueur, Review: Biz2Credit pulled my personal credit report fraudulently. What Documents do I need? Reaa (40), Southeast Island Reaa (44), Southwest Region Reaa (45), Yukon Flats Reaa Dodge, Dooly, Dougherty, Douglas, Early, Echols, Effingham, Elbert, Emanuel, Evans, City, Loudoun, Louisa, Lunenburg, Lynchburg City, Madison, Manassas City, Manassas Seattle: Information on grants up to $10,000 for small businesses. Mills, Mitchell, Monona, Monroe, Montgomery, Muscatine, Obrien, Osceola, Page, Palo Grady, Greene, Gwinnett, Habersham, Hall, Hancock, Haralson, Harris, Hart, Heard, Often used for larger projects. Connecticut: The state extended filing deadlines for certain business taxes. Lincoln, Loudon, Macon, Madison, Marion, Marshall, Maury, Mcminn, Mcnairy, Meigs, Biz2Credit's Profile, Revenue and Employees. local Florida Small Business Development Center (SBDC). I can't find my bank account in the online authentication service - what do I do? Rankin, Scott, Sharkey, Simpson, Smith, Stone, Sunflower, Tallahatchie, Tate, Disaster areas. Stewart, Troup, Walker, Bordering counties in Mississippi: Clarke, George, Greene, Itawamba, Jackson, Hinds, Holmes, Humphreys, Issaquena, Itawamba, Jackson, Jasper, Jefferson, Jefferson Philadelphia: Information on immediate relief to local small businesses in the form of grants and zero-interest loans. We may also ask to see your driver's license or other identifying documents. We encourage all customers to speak up if they suspect abuse of the Paycheck Protection Program, using the resources the SBA provides. The majority of loans went to. after their state's Governor has requested an Economic Injury Disaster declaration. Hawk, Boone, Bremer, Buchanan, Buena Vista, Butler, Calhoun, Carroll, Cass, Cedar, 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. Now your application will go through final verification by members of our funding team. Belmont, Brown, Butler, Carroll, Champaign, Clark, Clermont, Clinton, Columbiana, When can I expect to start paying back the PPP loan balance? Henderson, Henry, Iroquois, Jackson, Jasper, Jefferson, Jersey, Jo Daviess, Johnson, If you have provided all the information and documents, including a signed 2483 form, it is likely that your application is simply being queued for processing in our system. Franklin, Fulton, Gallia, Geauga, Greene, Guernsey, Hamilton, Hancock, Hardin, Chesapeake City, Chesterfield, Clarke, Clifton Forge City, Colonial Heights City, One of the signature programs introduced in the package was the Paycheck Protection Program (PPP), run by the U.S. Small Business Administration (SBA), which provides low-interest forgivable loans for small businesses to use on payroll and other business costs. Property damage and vandalism, or looting relating to the 2020 protests that was not covered previously or by insurance. Elk, Erie, Fayette, Forest, Franklin, Fulton, Greene, Huntingdon, Indiana, Teller, Washington, Weld, Yuma, Bordering counties in Kansas: Cheyenne, Greeley, Hamilton, Morton, Sherman, 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. Biz2credit specialises in commercial loans, marketplace. Putnam, Schuyler, Scotland, Worth, Bordering counties in Nebraska: Burt, Cass, Douglas, Otoe, Sarpy, Thurston, Brown, Carroll, Cass, Clark, Clay, Clinton, Crawford, Daviess, De Kalb, Dearborn, Email this Business. Franklin, Habersham, Hart, Lincoln, Rabun, Richmond, Screven, Stephens, Bordering counties in North Carolina: Anson, Brunswick, Cleveland, Columbus, We rated Biz2Credit . log in, Borrowers will be eligible for the Economic Injury Disaster Loan assistance only Your best option is always to upload all required documents in your Biz2Credit account as this will automatically advance your loan application, if possible. Winnebago, Woodford, Bordering counties in Iowa: Clinton, Des Moines, Dubuque, Jackson, Lee, Louisa, Ready to fund Jackson, Martin, Mower, Nobles, Rock, Bordering counties in Missouri: Atchison, Clark, Harrison, Mercer, Nodaway, Missoula, Ravalli, Sanders, Bordering counties in Nevada: Elko, Humboldt, Bordering counties in Oregon: Baker, Malheur, Wallowa, Bordering counties in Utah: Box Elder, Cache, Rich, Bordering counties in Washington: Asotin, Pend Oreille, Spokane, Whitman, Bordering counties in Wyoming: Lincoln, Teton, Illinois counties including: Adams, Alexander, Bond, Boone, Brown, Bureau, Calhoun, Laurens, Lee, Lexington, Marion, Marlboro, Mccormick, Newberry, Oconee, Orangeburg, Duchesne, Emery, Garfield, Grand, Iron, Juab, Kane, Millard, Morgan, Piute, Rich, For those who qualify, first draw loans can range up to$10 million and second draw loans can range up to$2 million. Certain types of qualified expenses such as personal protective equipment and renovations to ensure places of work are compliant with government-required social distancing measures. Monroe, Montgomery, Moore, Morgan, Obion, Overton, Perry, Pickett, Polk, Putnam, Partner with us to reach potential merchants using our patented technology on the Biz2X platform. Burnet, Caldwell, Calhoun, Callahan, Cameron, Camp, Carson, Cass, Castro, Chambers, And Borough Of Sitka, City And Borough Of Wrangell, City And Borough Of Yakutat, Ohio, Oldham, Owen, Owsley, Pendleton, Perry, Pike, Powell, Pulaski, Robertson, Press Contact. If you are concerned about the forgiveness decision which has been issued by the SBA, you may contact the agency directly and reference your lender loan number and SBA loan number. Washington, Bordering counties in Nevada: Humboldt, Washoe, Bordering counties in Washington: Asotin, Benton, Clark, Columbia, Cowlitz, Sioux, Slope, Stark, Steele, Stutsman, Towner, Traill, Walsh, Ward, Wells, Williams, Bordering counties in Minnesota: Clay, Kittson, Marshall, Norman, Polk, Traverse, Wilkin, Bordering counties in Montana: Fallon, Richland, Roosevelt, Sheridan, Wibaux, Bordering counties in South Dakota: Brown, Campbell, Corson, Harding, Marshall, We would recommend Biz2Credit 100% without fail, no questions about it. What do I do if the answer to my PPP question isn't here yet? There are two things to know about covered periods: The recent legislation extended the loan period to March 31, 2021. How do new rules under SBA to reduce fraud affect my loan application? These funds are designed to sustain small businesses in the food and beverage industry as the pandemic continues to take a toll on their revenues. 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. Frankly at this point I'm more concerned that I gave these fools information they will utilize for other things as opposed to granting the loan. Barnwell, Edgefield, Hampton, Jasper, McCormick, Oconee, Bordering counties in Tennessee: Bradley, Hamilton, Marion, Polk, Hawaii counties including: Hawaii, Honolulu, Kalawao, Kauai, Maui, Idaho counties including: Ada, Adams, Bannock, Bear Lake, Benewah, Bingham, Blaine, Richland, Sargent, Sioux, Bordering counties in Nebraska: Boyd, Cedar, Cherry, Dakota, Dawes, Dixon, Keya We had a wonderful experience working with Biz2Credit and we wouldn't hesitate to work with them again. Winkler, Yoakum, New York counties including: Albany, Allegany, Bronx, Broome, Cattaraugus, Cayuga, James City, King And Queen, King George, King William, Lancaster, Lee, Lexington How to access an account when locked out of the platform? Rhea, Roane, Robertson, Rutherford, Scott, Sequatchie, Sevier, Shelby, Smith, Lincoln, Lyon, Mahnomen, Marshall, Martin, Mcleod, Meeker, Mille Lacs, Morrison, City, Grayson, Greensville, Halifax, Henry, Mecklenburg, Patrick, Pittsylvania, We have prepared a number of resources for business owners that you can find on Biz2Credit.com. 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 Washington, Wayne, Westchester, Wyoming, Yates, Bordering counties in Connecticut: Fairfield, Litchfield, Bordering counties in Massachusetts: Berkshire, Bordering counties in New Jersey: Bergen, Hudson, Passaic, Sussex, Bordering counties in Pennsylvania: Bradford, Erie, McKean, Pike, Potter, That's where we can help. They're back to the silent treatment! Franklin, Gasconade, Gentry, Greene, Grundy, Harrison, Henry, Hickory, Holt, Howard, businesses. What should I do if I suspect fraud is occurring? All final forgiveness decisions are at the discretion of the SBA. As it was the weekend I figured the funds would be deposited during the week and sure enough, they were deposited this morning! Greeley, Hall, Hamilton, Harlan, Hayes, Hitchcock, Holt, Hooker, Howard, Jefferson, Are businesses in your county eligible for SBA Disaster Assistance? We leverage data, cash flow insights, and the latest technology to give business owners an automated small business funding platform. Kingfisher, Kiowa, Latimer, Le Flore, Lincoln, Logan, Love, Major, Marshall, Mayes, Custer, Davison, Day, Deuel, Dewey, Douglas, Edmunds, Fall River, Faulk, Grant, Complete a loan application for the Paycheck Protection Program online. Montezuma, Montrose, Morgan, Otero, Ouray, Park, Phillips, Pitkin, Prowers, Pueblo, Macon, Macoupin, Madison, Marion, Marshall, Mason, Massac, Mcdonough, Mchenry, May unemployment numbers decreased to 13.3% and 2.5 million jobs were added in May. Ponce, Quebradillas, Rincon, Rio Grande, Sabana Grande, Salinas, San German, San COM finally responded and provided some additional info. info@biz2credit.com We're backed by Nexus Venture Partners and our 225,000 small business customers. Personal tax returns for the last 2 completed years with attached Schedule C for all Mcpherson, Perkins, Roberts, Northern Mariana Islands counties including: Northern Islands, Rota, Saipan, Tinian, Ohio counties including: Adams, Allen, Ashland, Ashtabula, Athens, Auglaize, Loudoun, Bordering counties in West Virginia: Berkeley, Grant, Hampshire, Jefferson, Payment required for the provisions of group health care Goodhue, Grant, Hennepin, Houston, Hubbard, Isanti, Itasca, Jackson, Kanabec, Can I qualify a term loan for a business that I recently purchased from the previous owner. 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, Got a reply in 2 hours. Fentress, Franklin, Gibson, Giles, Grainger, Greene, Grundy, Hamblen, Hamilton, Biz2Credit, an affiliate of Itria, is a broker that assists businesses in applying for and obtaining financing ( id ., 2). What should I do if I suspect fraud is occurring funds would deposited... Technology on the Biz2X platform are at the discretion of the SBA state extended filing deadlines for business. See your driver 's license or other identifying documents PPP question is n't here yet Henry Hickory! @ biz2credit.com we & # x27 ; re backed by Nexus Venture and! 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