Your Lender can provide you with either the SBA Form 3508, SBA Form 3508EZ, SBA Form 3508S, or a lender equivalent. The 3508EZ and the 3508S are shortened versions of the application for borrowers who meet specific requirements. Compile your documentation for your selected covered period.
Include payroll records during covered period or the alternative payroll covered period, bank account statements that show cash compensation paid to employees, payroll tax forms, receipts, cancelled checks, or statements with employer contributions to employee health insurance and retirement plans.Non payroll items to include are business mortgage, rent, lease, utility payments.
Include payroll records during covered period or the alternative payroll covered period, bank account statements that show cash compensation paid to employees, payroll tax forms, receipts, cancelled checks, or statements with employer contributions to employee health insurance and retirement plans.Non payroll items to include are business mortgage, rent, lease, utility payments.
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