Apply for the Paycheck Protection Program

Here's what you'll need to complete your application:

• An M&T Business checking account¹ must be opened as of 01/15/21, and businesses must demonstrate they were in operation on 02/15/20
• Your total payroll amount from last year
• PDF copies of payroll documentation such as:

  For Businesses with Employees (if applicable):

  • 2019 and/or* 2020 IRS Quarterly 940, 941 or 944 payroll tax reports
  • Payroll statement or similar documentation to demonstrate operations on 02/15/2020
  • For S or C Corps: Equivalent payroll processor records or IRS Wage and Tax Statements), along with the filed business tax return (IRS Form 1120 or IRS 1120-S) 
  • Summary of payroll expenses for Individual Employees with salaries over $100,000
  • K-1 (IRS 1065) for Partnership Self Employed employment income
  • General Ledger Reports or statements to assist with Health Care and Retirement benefits
  • State Quarterly Wage Reporting Forms 

  For Sole Proprietorships and Independent Contractors (if applicable):

  • Form 1099 -MISC (Independent Contractors only)
    
  • Form 1040 Schedule C or F for 2019 and/or* 2020
  • Payroll tax filings
  • Payroll statement or similar documentation to demonstrate operations on 02/15/2020
  • Bank Statements to demonstrate payroll disbursements
  • General Ledger Reports or statements to assist with Health Care and Retirement benefits
  • State Quarterly Wage Reporting Forms

*2020 required for Second Draw PPP Loans to demonstrate a reduction in revenue

¹ Independent contractors and self-employed entities may enter a personal checking account number but may be required to open a business checking account prior to funding.