April 23, 2020 8:00pm
UPDATE | More funds were just approved!
You can still submit your Payment Protection Program application with Nav
An additional $310 billion in Paycheck Protection Program (PPP) funding has been APPROVED, which means you are still able to complete a PPP loan application with a lender or agent. We’re working with Nav to connect you to multiple paths to PPP funds.
- Most lenders are continuing to accept applications.
Nav’s lender partners are still open to applications and they’re connecting thousands of businesses daily.
- There is still hope for small-dollar loans. Nav customers have seen PPP approvals under $50,000 through our partners. You can easily complete Nav’s short form to get matched to a PPP lender or partner instantly.
Decided on applying?
We recommend you have these documents ready so the lender can quickly process your loan:
- Payroll Documentation - You must provide a document that shows 12 months of payroll costs. You can use a payroll processing provider’s PPP report if you work with one already. If you don’t use a payroll provider, upload a spreadsheet showing the data for your estimated loan amount calculation.
- Employment Tax Documents – Form 941 for Q2, Q3, Q4 2019 and Q1 2020. Please make sure these IRS documents are in line with your calculated loan amount.
- Driver's License or Valid Passport
– For Driver’s License, copy front and back of all owners over 20%. For Passport, copy pages 2 and 3 (pages with photo and signature).
- Bank Statement or Voided Check – Link your account or upload a voided check or bank statement as proof of your active customer account.