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CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEMEAPPLICATION FORM 100,000 TO 750,000 Confidential Google Chrome and Firefox users please download PDF to desktop and open in Adobe before completing application.
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How to fill out coronavirus small business loans

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How to fill out coronavirus small business loans

01
Step 1: Gather all required documentation such as proof of payroll costs, rent/mortgage payments, utilities, and other eligible expenses.
02
Step 2: Visit the website of the Small Business Administration (SBA) or your local bank to access the application form for coronavirus small business loans.
03
Step 3: Fill out the application form accurately and completely. Provide all the necessary information about your business and its financial situation.
04
Step 4: Ensure that you include supporting documentation to validate your loan request, such as bank statements, tax filings, and financial statements.
05
Step 5: Review the completed application for any errors or missing information before submitting it.
06
Step 6: Submit the application along with all the required documentation through the designated online portal or in person, as specified by the lending institution.
07
Step 7: Wait for a response from the lender. It may take some time for your application to be processed and reviewed.
08
Step 8: If your loan is approved, carefully review the terms and conditions before accepting the funds.
09
Step 9: Utilize the loan funds responsibly and according to the approved purpose.
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Step 10: Keep accurate records of all expenses related to the loan for future reporting requirements.

Who needs coronavirus small business loans?

01
Small business owners who have experienced financial hardships due to the COVID-19 pandemic.
02
Businesses that had to temporarily shut down or reduce operations.
03
Self-employed individuals and independent contractors who have lost income.
04
Entrepreneurs who need funds to cover payroll costs, rent/mortgage payments, utilities, and other eligible expenses.
05
Companies that are struggling to retain employees and need assistance to stay afloat during the crisis.
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Coronavirus small business loans are financial assistance provided to small businesses impacted by the COVID-19 pandemic.
Small business owners who have been affected by the pandemic are required to file for coronavirus small business loans.
Coronavirus small business loans can be filled out online through the Small Business Administration's website or by contacting a participating lender.
The purpose of coronavirus small business loans is to provide financial support to small businesses struggling due to the impact of the COVID-19 pandemic.
Information such as business financials, number of employees, impact of COVID-19 on the business, and intended use of the loan must be reported on coronavirus small business loans.
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