This week, join us for a special interview with the Director of the Arkansas Small Business Administration, Edward Haddock. Mr. Haddock is returning to Up In Your Business to talk about what the SBA is doing to help small businesses, and giving answers to your questions about navigating the application process for grants and loans during this public health and economic crisis.
What You Need to Apply for Payroll Protection Program – CARES Act.
Your Online Banking login credentials
2019 Payroll Cost and YTD Payroll Cost through February 15, 2020
Number of employees as of December 31, 2019
Number of employees as of February 15, 2020
Industry or business classification (NAICS Code which can be found on tax return)
IRS Form 940 Employers Annual Federal Unemployment Tax Return (FUTA)
IRS Form 941 Employer’s Quarterly Federal Tax Return
Payroll Summary Report 2019 with corresponding bank statements
W2 Summary
List of employees earning more than $100,000 in compensation (salary, wages, commission and tips)
1099 Summary
Breakdown of payroll benefits (vacation, allowance for dismissal, group healthcare benefits, retirement benefits, etc.)
