Do You Know About The PPP Loans?
If you are a small business owner, farmer, rancher, sub-contractor or sole proprietor.. the new stimulus package may have extra help for you to address the challenges of the past year. You can download the application for more details on the Paycheck Protection Program. Give us a call and let us walk through the requirements with you.
We will need the following documents to help with eligibility:
First you must have been in business as of February 15, 2020
If you have employees:
- Proof of payroll for January – December 2019
- Copies of 941 or 940 for 2019 or 2020
- Tax Return
If you are self Employed, a sub-contractor, a sole proprietor, C or S corporation, LLC, or a partnership (without employees):
- Schedule C or
- K-1 or
- 1099 or
- Schedule 1
- Eligible Loan amount is based on Net Income
If you are a Farmers/Ranchers:
- Schedule F
- Eligible Loan amount is based on Gross Income on line 9.
Download the Application Here PPP Borrower Application Form (revised 2.17.2021). You may return the application via Secure Email at CSIeSafe to firstname.lastname@example.org, or by dropping it off at any of our branches.
If you are interested in a PPP Loan and would like more information, please email us at email@example.com.
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Sign Up for Mobile Banking
Bedford Loan & Deposit Bank now has a mobile app for your Apple or Android devices. The app’s features include mobile deposit. Mobile deposit allows you to deposit checks from wherever you are at, and whenever it is convenient for you. If you have any questions, please call 502.255.3287.