Applying for thePaycheck Protection Program

Required Documents for:

Non-Profits

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1

Non-Profits

If you’re a Non-Profit, 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 a mobile device), using a Chrome web browser.

1. Driver’s License / Photo IDNote that the ID should be for the authorized signatory of the Applicant

2. Voided Check

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2 3. Bank Statements

Please 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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3 4. Part IX Form 990

A Form 990 does not always need to be filed – this is only applicable if your non-profit files a 990.

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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.

Please note regarding parsonage : Only parsonage expenses that are cash payments qualify and not in-kind parsonage expenses. Alternative methods for verifying parsonage amounts – e.g., receipts, invoices, cancelled

checks, or similar documentation (or failing all of those, a certification of the amount paid by the authorized representative of the church or other religious organization) – are allowed.

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