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NORTH AMERICAN SHAGYAARABIAN SOCIETY YEAREND PERFORMANCE AWARDS HANDBOOK Revision 10232014 MASS PERFORMANCE AWARDS CHAIR Joan Clark 7073621915 2484 Freshwater Road Eureka, CA 95503 MASS Awards Shag
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How to fill out sba form 2484
How to fill out SBA form 2484:
01
Start by downloading the SBA form 2484 from the official Small Business Administration website. Make sure to get the latest version of the form.
02
Once you have the form, read the instructions carefully. Familiarize yourself with the purpose of the form, the information required, and any specific guidelines provided.
03
Provide your basic business information in the designated section. This typically includes your legal business name, address, contact details, and Employer Identification Number (EIN).
04
Determine your eligibility for the form. SBA form 2484, also known as the Borrower Information Form, is primarily used to determine eligibility for loan forgiveness under the Paycheck Protection Program (PPP). If you have received a PPP loan, you may need to fill out this form to apply for forgiveness.
05
Enter the loan information. This includes the PPP loan number, the date the loan was received, and the amount of the loan.
06
Complete the employment information section. Provide details about the average number of full-time equivalent employees during the covered period, including both before and after the loan was received.
07
Calculate the loan forgiveness amount. Following the instructions provided, enter the payroll costs, eligible non-payroll costs, any salary/hourly wage reductions, and the potential forgiveness amount.
08
Sign and date the form. Ensure that all required signatures are included. This may involve the borrower, authorized representative, and lender.
Who needs SBA form 2484:
01
Small business owners who have received a PPP loan may need to fill out SBA form 2484. This form is specifically required for those seeking loan forgiveness under the PPP.
02
Borrowers who have fully or partially used their PPP loan funds for eligible expenses and now wish to have those expenses forgiven are typically the ones who need to complete form 2484.
03
It is important for all recipients of PPP loans to understand their obligations and requirements regarding loan forgiveness. If you received a PPP loan and are uncertain about whether you need to fill out form 2484, it is recommended to consult with your lender or a professional advisor familiar with PPP loan forgiveness.
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What is sba form 2484?
SBA Form 2484 is also known as the Loan Program Borrower Information Form.
Who is required to file sba form 2484?
Borrowers who have received a loan from a Small Business Administration (SBA) loan program are required to file SBA Form 2484.
How to fill out sba form 2484?
SBA Form 2484 can be filled out online or in hard copy, depending on the instructions provided by the SBA. The form requires borrowers to provide information about their business and loan details.
What is the purpose of sba form 2484?
The purpose of SBA Form 2484 is to collect information from borrowers who have received SBA loans in order to monitor and track the use of funds in compliance with program requirements.
What information must be reported on sba form 2484?
SBA Form 2484 requires borrowers to report information such as the loan amount, intended use of funds, demographic information, and certification of compliance with program requirements.
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