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SBA Payroll Protection Program

If you’re not a Divvy customer yet, don’t worry. You can still prepare to submit your SBA Paycheck Protection Program loan application through our partner, Cross River Bank.

The SBA has received a new round of funding and is now accepting new applications. Our all-digital process can help you submit your application to the SBA as quickly as possible.

To get assistance applying for an SBA loan for free, please fill out this information

Loan forgiveness requirement

Small businesses and nonprofits with 500 or fewer employees are eligible to apply for PPP loans. In addition, sole proprietors, 1099 independent contractors, and self-employed individuals can apply through the Divvy portal.

One benefit of the SBA PPP program is the potential for loan forgiveness. To be eligible for loan forgiveness, you’ll need complete tracking of your expenses.

Divvy is the #1 corporate card & expense management platform for SMBs. We’ve combined seamless expense management software with the world’s smartest business card, so you never have to process another expense report.

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What to do today

Fill out the above form to get started on your application. We’ll follow up to walk you through the process.


Gather required information

Payroll records

You will need payroll tax forms (i.e. Forms 940 and/or 941) from January 1, 2019 to the most current filing. Note: You will need to be able to identify any employees paid over $100K.

If you are a 1099 employee, you can still submit an application. Use your Social Security Number instead of an EIN on your application.

Tax returns

Gather your tax returns and financial statements for the last two years. If you haven’t been in business that long, all tax returns you have.

1099-Misc (if applicable)

If you have filed form 1099-Misc and are counting contractor compensation as part of your average payroll, you will need to provide this form.

Copies of driver licenses

You’ll need to provide copies of driver licenses for business owners with ownership stakes of 20% or more.

Voided check

Provide a voided check from the account where the loan will be deposited.

6 months of bank statements

Provide bank statements from your business accounts for the most recent six months of business.

PPP calculator worksheet

Cross River Bank has provided a Paycheck Protection Program calculator worksheet that will help you determine your loan amount. This document is required and can be downloaded here.

If you have any questions please reach out to your account manager, or visit our SBA PPP Loan FAQ page here.