EIDL 10K APPROVAL PROCESS
Step 1:
Go to the following website on Monday morning (this might change tho... I recommend you bookmarking this page and checking it regularly)
Site: https://www.sba.gov/disaster-assistance/coronavirus-covid-19
Step 2:
When you arrive at the application section, choose the box that states the following “APPLICATE IS AN INDIVIDUAL OR SOLE Proprietorship....)
Step 3:
On the next page: there will be a few boxes you need to read and check... they should all be checked in checkmarks before going to the next page.
Step 4:
Now when it asks for business name - input your first & last name.
For your trade name - input your first & last name.
For the EIN/SSN For solo proprietor - input your social security number.
In organization type - input individual or sole proprietor etc.
In is this a non profit organization- input No
In is this a business franchise - input No
Step 5:
Now for the gross revenue for the last 12 months - input anything over $150k
Step 6: Cost for goods - input anything over $50k but make sure it’s lower then your gross revenue
Step 7: rental properties lost revenue - input anything under 35k
Step 8:
Non profit costs etc - leave this box blank
Step 9:
The annual cost of operations etc - input anything over 50k but make sure it’s less then your gross revenue.
Step 10: list the secretory social security etc - leave this box blank.
Step 11: compensation from other sources etc - leave this box blank.
Step 12: brief description of other sources etc - leave this blank.
Step 13: input your business address as your mailing address weather it’s your house or PBO but don’t input a PO Box.
Step 14: Input your email address - make sure it’s a valid email.
Step 15: business activity- input anything to do with consulting or sales or business
TELEGRAM @MONOPOLYM
Step 1:
Go to the following website on Monday morning (this might change tho... I recommend you bookmarking this page and checking it regularly)
Site: https://www.sba.gov/disaster-assistance/coronavirus-covid-19
Step 2:
When you arrive at the application section, choose the box that states the following “APPLICATE IS AN INDIVIDUAL OR SOLE Proprietorship....)
Step 3:
On the next page: there will be a few boxes you need to read and check... they should all be checked in checkmarks before going to the next page.
Step 4:
Now when it asks for business name - input your first & last name.
For your trade name - input your first & last name.
For the EIN/SSN For solo proprietor - input your social security number.
In organization type - input individual or sole proprietor etc.
In is this a non profit organization- input No
In is this a business franchise - input No
Step 5:
Now for the gross revenue for the last 12 months - input anything over $150k
Step 6: Cost for goods - input anything over $50k but make sure it’s lower then your gross revenue
Step 7: rental properties lost revenue - input anything under 35k
Step 8:
Non profit costs etc - leave this box blank
Step 9:
The annual cost of operations etc - input anything over 50k but make sure it’s less then your gross revenue.
Step 10: list the secretory social security etc - leave this box blank.
Step 11: compensation from other sources etc - leave this box blank.
Step 12: brief description of other sources etc - leave this blank.
Step 13: input your business address as your mailing address weather it’s your house or PBO but don’t input a PO Box.
Step 14: Input your email address - make sure it’s a valid email.
Step 15: business activity- input anything to do with consulting or sales or business
TELEGRAM @MONOPOLYM
