Form 100 - Form and Document Checklists 

 

Please read these instructions before downloading Form 100.

We have created Form 100 for your convenience to know what documents are required with your PPP application. 

Form 100 is a set of 5 fillable PDF forms that list the forms and documents for each major type of  business entity required for each of the three typical types of PPP applications.  The three typical types of applicatons are:

  1. First Round Borrower PPP Loan Application ("F") - used by an applicant that has not received a PPP loan in the first round - SBA Form 2483.
  2. Second Round Borrower PPP Loan Application ("SS") - used by an applicant that has received a first round PPP loan and is applying (a) to the same lender that made the first loan AND (b) is based on the same Average Monthly Payroll base period as the first loan (e.g., 2019).  (Note: this is the application with the fewest number and least comlicated supporting documents.)
  3. Second Round Borrower PPP Loan Application ("SN") - used by an applicant that has received a first round PPP loan and is applying (a) to a different lender for the second round, OR (b) is not based on the same Average Monthly Payroll  base period as the first loan (e.g., 2020).

Each of these three PPP application types are listed at the top of each form for the business entity types.  The five major business entity types are:

  • Self-employed individual with no employees or the only employee is the owner (Form 100 SE-0).  This is the typical situation for a self-employed individual that is a sole proprietor or a single-member LLC.  This type of business entity is typically called an independent contractor.  This type of business entity will typically report its income and expenses on an IRS form 1040 Schedule C.  The "payroll" for the owner is the net income of the business shown on the Schedule C as line 31.  The pro-rated $100,000 per year ($8,333 per month) limit applies to the income of the owner (as it does for all employees under the PPP).
  • Self-employed individual that has employees other than the owner.(Form 100 SE-1+).  The employees are paid payroll and receive W-2s (as may the owner).  Contractors ("1099") engaged by the business are not employees -- they may be eligible to submit a PPP application on their own.  The pro-rated $100,000 per year ($8,333 per month) limit applies to the income of the owner (as it does for all employees under the PPP). Both the employee payroll and owner's earnings might be counted in payroll.
  • Limited Liability Company (Form 100 LLC) - a business organized under state law as a Limited Liability Company or similar entity. The LLC will have an entity registration typically issued by the Secretary of State or similar state office.  A sole-member LLC where the owner reports income on their Schedule C should use the Form 100-0.  This Form 100 LLC is used for other types of LLCs. "Payroll" in an LLC and be a combination of both W-2 and Schedule C income - both the employee payroll and owner's earnings might be  counted in payroll.  The pro-rated $100,000 per year ($8,333 per month) limit applies to the income of the owners (as it does for all employees under the PPP).
  • Corporation (Form 100 Corp). This is the typical business type for for-profit and not-for-profit entities.  The corporation will have a corporation typically issued by the Secretary of State or similar state office.  With corporations, the payroll is almost always W-2 income.  The pro-rated $100,000 per year ($8,333 per month) applies to the income of the owner (as it does for all employees under the PPP). The pro-rated $100,000 per year ($8,333 per month) applies to the income of the owners (as it does for all employees under the PPP).  Sub-S corporations are charted as corporations but the treatment of payroll is similar to partnerships.
  • Partnership (Form 100 Partnership). This form of business may be registered with the state, or not.  Payroll might be both W-2 payroll paid to employees (and perhaps the parnters).  The payroll treatment is similar to LLCs, but the entity and payroll documenaiton is typically different.  For example, partner's earnings that count toward payroll might be reflected on a Schedule K.  The pro-rated $100,000 per year ($8,333 per month) applies to the income of the owners (as it does for all employees under the PPP).

These are the 5 most frequent business entity types.  PPP loans are available for several other business entity types.  If your business is not one of the five above, please email ppp-apply@paymentsecurity.net for assistance.

  1. Please download the appropriate Form 100 to your computer.
  2. Complete the single column for your application type (F, SS, or SN).
  3. Upload the completed Form 100 with each required Form or document to your private Box folder.
  4. Send and email to DocsDone@PaymentSecurity.net after you have uploaded all documents.

Thank you.

The documentation you provide must support your calculation for the Average Monthly Payroll ("AMP") as shown on Form 103.  And, we must be able to understand what supports your claimed amounts.  If the calculation is simple -- just a payroll ledger, quarterly 941s, and an annual 940 -- the documentation.  Likewise, AMP that is based on Schedule C line 31 is simple.  But more complicated calculations must be laid out in a manner that our reviewers can easily review and comprehend.  If our reviewers cannot ready find the support for payroll and other expenses you are providing in the documentation, they will return it to you with a request to supplement. 

The information provided in this pages is offered only as general guidance.  The applicant alone is responsible for providing and certifiying the content of the application and neither the processor nor the lender assume any responsibility for the content.  In completing a PPP application, the applicant is encouraged to review material published at SBA.gov or to consult competent legal and accounting professionals.