Business Banking

We are here to help you navigate and understand the CARES Act, including assistance with completing a loan application for support under the Paycheck Protection Program (PPP). The PPP is a federal loan program which is part of the stimulus package known as the CARES Act. This helps small- and medium- sized businesses affected by the COVID-19 pandemic to assist with covering costs related to payroll and certain other expenses.

The simple online application should only take 10 to 15 minutes and can by clicking here.

By clicking "Apply Now" you understand and acknowledge that submitting your application through this portal does not guarantee successful funding by the SBA.

Thanks for choosing UNCLE Credit Union as your business partner during these challenging times.

Verified and completed applications will be reviewed and submitted to the SBA. In order to make your PPP Application Process as smooth and successful as possible, make sure that you have the following readily available.

Information that will be needed includes:

• Specific date for entity establishment, not just the year
• DBA, if applicable (will need a copy of the Fictitious Name Statement)
• Business address, including extra four digits of zip code (but not using a P.O. Box)
• NAICS Code (can pull from your tax return or from https://www.naics.com/search/)
• Voided Check
• Entity Legal Documentation, such as Articles of Incorporation
• Copy of valid Driver’s License
• For First Draw Applications: Supporting documentation needed to show Average Monthly Payroll, can be:
  1. Face page of most recent filed tax return, with Schedule C
  2. 2019 IRS Form 941 or 944
  3. Payroll Processing Report, such as W-3 Report
• For Second Draw Applications:
  1. Reduction of Gross Receipts section to be completed in full with supporting financials to be uploaded

Economic Injury Disaster Loan Program (EIDL)
Interested in learning more about the SBA Economic Injury Disaster Loan? Contact our Business Banking Manager today.

For the most up-to-date information about First Draw and Second Draw PPP loans, we have included links to the official SBA website below.

• First Draw PPP Loans for first time program participants
• Second Draw PPP Loans beginning January 13, 2021 for certain businesses who have previously received a PPP loan

If you have any questions about the PPP process or need help with any other Business Banking products or services, please send an email to Charles Crohare our Business Banking Manager at UNCLE.