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<td width="495" valign="top" align="left"><h2 style="text-align:center;">Paycheck Protection Program (PPP Loans)
</h2>

<p><strong>The SBA has expended most of its available funds for the PPP program.
The SBA will continue to process and fund those loan applications that are already at the SBA.</p>
<p>There are some Certified Community Development Financial Institutions (CDFIs) that are still able to process NEW PPP loan applications at this time, and we have relationships with a number of them.
Please reach out to us immediately if you want to apply for a PPP loan now. The limited funds still available at the CDFIs will run out soon, as well.</strong></p>

<p>Email us at <a href="mailto:[email protected]" target="_blank">[email protected]</a> or call us at
516-767-0100

<p>Asset Enhancement Solutions' team of seasoned Finance, Lending and Banking experts are available for all businesses facing challenges during the COVID-19 Pandemic.</p>
<p>Our experts walk business owners through the SBA's Payroll Protection Program (PPP) loan application process.</p>
<ul>

<li>Know what information is needed</li>
<li>	Have answers you need to eliminate confusion</li>
<li>Have relationships with multiple lenders that will move applications through the process rapidly</li></ul>



<p style="text-align:left;color:#346633;font-size:14px;font-weight:700;">Click on any line item below to jump to that specific section of this page:</strong></p>

<ul>

	<li><a href="#VIP">Complimentary VIP Treatment for those Struggling to Secure a PPP Loan</a></li>
	<li><a href="#Docs">Documents & Information Needed by Entity Type to Complete PPP Application</a></li>
	
	<li><a href="#Summary">Summary of Changes to PPP Program in 2021</a></li>
	
	<li><a href="#Merge">Merge Multiple PDF's into One PDF</a></li>
	<li><a href="#DailyW">Workshops for Independent Contractors</a></li>
	<li><a href="#Webinars">Workshops for Business Entities Other than Independent Contractors</a></li>
	<li><a href="#SBA">Guidelines from the SBA</a></li>
	<li><a href="#Calculate">Calculation of 25% Reduction in Revenue for 2nd Draw PPP Loans</a></li>
	<li><a href="#SUI">Calculation of Total Average Monthly Payroll - Instructions & Samples</a></li>
	<li><a href="#NAICS">Selecting the Proper NAICS Code</a></li>
	<li><a href="#Forgiveness">Forgiveness Documentation</a></li>
</ul>




<p style="text-align:center;color:#346633;font-size:14px;font-weight:700;"><a class="tag" name="VIP">Complimentary VIP Treatment <br>for those Struggling to Secure a PPP Loan</a></p>

<p>We are providing complimentary VIP/personal service to applicants who process their application for the PPP loan through us. We have a strong team of 19 experienced professionals who are providing incredible White Glove service to our clients. There is no cost to our applicants for this service. While others are just accepting and processing applications, we are trouble-shooting every phase of the PPP loan process, from determining applicant eligibility to helping the applicant through the details and complexities of the application via the online platforms that the lenders we teamed up with are using. You DO NOT need to have a banking relationship with our lender to process your application. </p>

<p>To learn more about this VIP Treatment, <a href="http://assetenhancement.com/disaster-relief-loans/VIP-Treatment-on-PPP-loans-for-AES-Applicants-rev 011421.pdf" target="_blank"><strong>click here</strong></a>.   </p>

<br>
<p style="text-align:center;color:#346633;font-size:14px;font-weight:700;"><a name="VIP"><a class="tag" name="Docs">Documents & Information Needed <br>by Entity Type to Complete PPP Application</a></p>

<p><strong>Click below for a one-page summary of documents and information needed depending on your business entity type:</strong></p>
<ul>
<li>	<a href="disaster-relief-loans/2021-1-Pager LLC PPP2 1.1.pdf">For LLC's</a> 
<li>	<a href="disaster-relief-loans/2021-1-Pager-Corporation- S-Corp and C-Corp PPP2 1.5.pdf">For Corporations: S-Corp or C-Corp</a> 
<li>	<a href="disaster-relief-loans/2021-1 Pager General Partnership PPP2 1.3.pdf">For General Partnerships  </a>
<li>	<a href="disaster-relief-loans/1-Pager Sole Prop IC and Single LLC PPP2 1.6.pdf">For Sole Proprietors/Independent Contractors/Self-Employed/Single-Member  LLC's </a>
<li>	<a href="disaster-relief-loans/2021-1 Pager Nonprofit PPP2.pdf">Not-for-Profits</a>


</ul>

<br>


<p><strong><a class="tag" name="Summary"><span style="color:#346633;font-size:14px;">Summary of Changes to PPP Program in 2021</a></strong></a><br>
You can review the key changes for the 2021 PPP Program (generally referred to as PPP Round 2) vs the 2020 PPP Program (PPP Round 1) <a href="disaster-relief-loans/PPP Program Changes Round 1 v Round 2 Chart.pdf"><strong>here</strong></a>.</p>

<br>

<p><strong><a class="tag" name="Merge"><span style="color:#346633;font-size:14px;">Merge Multiple PDF's into One PDF</span></a></strong><br>
Instructions for how to merge multiple PDF's into One PDF (which you may need to do when uploading your documentation to the PPP application) can be found <a href="disaster-relief-loans/How to Combine PDF Files.pdf">here</a>.</p>

<br>

<p><a class="tag" name="DailyW"><strong><span style="color:#346633;font-size:14px;">Workshops for Independent Contractors</span></strong></a><br>
We will be scheduling free workshops to walk Independent Contractors through every step of the application process, so they can apply as we conduct the workshop (assuming they gather the documentation needed beforehand, which we list above in the Documents & Information Needed By Entity Type section.</p>

<p>When these workshops are available (soon), dates, times and sign-up forms will be available here.</p>

<br>
<p><a class="tag" name="Webinars"><strong><span style="color:#346633;font-size:14px;">Workshops for PPP Loans -for Business Entities Other than Independent Contractors</span></strong></a><br>
We will be scheduling free webinars to walk clients through every step of the application process, so they can apply as we conduct the workshop (assuming they gather the documentation needed beforehand, which we list above in the Documents & Information Needed By Entity Type section.</p>

<p>When these workshops are available (soon), dates, times and sign-up forms will be available here.</p>

<br>


<p><strong><a class="tag" name="SBA"><span style="color:#346633;font-size:14px;">Guidelines from the SBA</span></a></strong></p>

<ul>
	<li><a href="disaster-relief-loans/Top-line Overview of First Draw PPP (1.8.2021)-508.pdf">Top-Line Overview of First Draw PPP</a></li>
	
	<li><a href="disaster-relief-loans/HowtoCalculateFirstDrawLoanAmountsFAQs-3.12.21.pdf">How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide By Business Type</a></li>
 
 <li><a href="disaster-relief-loans/PPP--Procedural-Notice--First-Draw-Paycheck-Protection-Program-Loan-Increases-After-Enactment-Economic-Aid-Act.pdf">Procedural-Notice--First-Draw-Paycheck-Protection-Program-Loan-Increases-After-Enactment-Economic-Aid-Act</a></li>
  <li>
  <a href="disaster-relief-loans/PPP--Procedural-Notice--PPP-Excess-Loan-Amount-Errors.pdf">PPP-Excess-Loan-Amount-Errors</a>
 
  </li>
	
	<li><a href="disaster-relief-loans/Top-line Overview of Second Draw PPP (1.8.2021)-508.pdf">Top-Line Overview of Second Draw PPP</a></li>
	
	
	<li><a href="disaster-relief-loans/HowtoCalculateSecondDrawFAQs-3.12.21.pdf">Second Draw PPP: How to Calculate Second Draw Loan Amounts & what documents needed</a></li>
	
	

	<li><a href="disaster-relief-loans/PPP-IFR-Paycheck-Protection-Program-as-Amended-by-Economic-Aid-Act.pdf">Interim Final Rule - PPP as Amended by Economic Aid Act</a></li>
	<li><a href="disaster-relief-loans/PPP-IFR-Second-Draw-Loans.pdf">Interim Final Rule - PPP Second Draw Loans</a></li>
	<li><a href="disaster-relief-loans/PPP-Second-Draw-Borrower-Application-Form.pdf">PPP Second Draw Borrower Application Form</a></li>
 
<li><a href="disaster-relief-loans/SBA PPP IFR Loan Amount Calculation and Eligibility (3-3-21).pdf">Interim Final Rule-PPP Loan Calculation (3/3/21)</a></li>
<li><a href="disaster-relief-loans/PPP-FAQs-3.12.21.pdf">SBA PPP FAQ's amended 3/12/21</a></li>
 


</ul>
<br>



<p><strong><a class="tag" name="Calculate"><span style="color:#346633;font-size:14px;">Calculation of 25% Reduction in Revenue for 2nd Draw PPP Loans</span></a></strong><br>
For PPP Round 2/2nd Draw loans, businesses must be able to show a reduction in revenue of at least 25% in at least one quarter of 2020 vs 2019. Download the following worksheets for help:</p>

<ul>
<li><a href="disaster-relief-loans/definition-of-gross-revenus.pdf">Definition of Gross Revenue/Gross Receipts</a>
<li><a href="disaster-relief-loans/Instructions for 25-percent Revenue Reduction Test.pdf">Instructions for 25% Reduction in Revenue</a></li>
<li><a href="disaster-relief-loans/Template for Calculation of Revenue Reduction of 25-percent.xlsx">Template for Calculation of 25% Revenue Reduction</a></li>
<li><a href="disaster-relief-loans/Revenue Test - In Business all of 2019 and 2020v2.pdf">Revenue Test - In Business all of 2019 and 2020</a></li>
<li><a href="disaster-relief-loans/Revenue Test - Not in In Business in 2019 but In Business as of February 15 2020v3.pdf">Revenue Test - Not in Business in 2019 but in business as of February 15, 2020</a></li>
<li><a href="disaster-relief-loans/Revenue Test - In Business 3rd & 4th quarters of 2019 and all of 2020v3.pdf">Revenue Test - In Business 3rd & 4th Quarters of 2019 and all of 2020</a></li>
<li><a href="disaster-relief-loans/Revenue Test - In Business 4th quarter of 2019 and All of 2020v3.pdf">
Revenue Test-In Business 4th Quarter of 2019 and all of 2020</a>
</li></ul>

<br>

<p><strong><a class="tag" name="SUI"><span style="color:#346633;font-size:14px;">Calculation of Total Average Monthly Payroll - Instructions & Samples</span></a></strong><br>
For PPP Round 2/2nd Draw loans, businesses may include company-paid portions of health insurance costs, retirement plans and SUI taxes as part of their payroll costs, in order to calculate the totals that PPP loan will be based on. Download the following worksheets for help:</p>

<ul>
	<li><a href="disaster-relief-loans/Instructions and Information & Documentation Required - 1.16.21.pdf">Instructions on Additional Payroll-Related Items for Round 2</a></li>
	<li><a href="disaster-relief-loans/PPP-Loan-Worksheet-1.16.21.xlsx">Template to Assist with Additional Payroll Document Requirements for Round 2</a></li>
	
	
	<li><a href="disaster-relief-loans/3a-PPP-Loan-Worksheet-1.16.21- With Baker Foods Information.xlsx">Completed Sample Template Using Baker Foods as an Example</a></li>
 
<li><a href="disaster-relief-loans/Complete Documentation Package for Average Monthly Payroll - Example Using Baker Foods.pdf">Complete Documentation Package for Average Monthly Payroll - Example Using Baker Foods</a></li>
 
<li><a href="disaster-relief-loans/PPP Loan Calculation Worksheet - Example Using Baker Foods.pdf
">PPP Loan Calculation Worksheet - Example Using Baker Foods</a></li>
 
<li><a href="disaster-relief-loans/Compensation Calculation - Example Using Baker Foods.pdf">Compensation Calculation - Example Using Baker Foods</a></li>
 
<li><a href="disaster-relief-loans/Compensation in Excess of $100,000 - Example Using Baker Foods.pdf">Compensation in Excess of $100,000 - Example Using Baker Foods</a></li>
 
<li><a href="disaster-relief-loans/Employer Paid Health Care - Sample Using Baker Foods.pdf">Employer Paid Health Care - Sample Using Baker Foods</a></li>
 
<li><a href="disaster-relief-loans/Employer Paid Retirement Costs - Example Using Baker Foods.pdf">Employer Paid Retirement Costs - Example Using Baker Foods</a></li>
 
<li><a href="disaster-relief-loans/Employer Paid State &amp; Local Taxes (SUI) on Compensation - Example Using Baker Foods.pdf">Employer Paid State & Local Taxes (SUI) on Compensation - Example Using Baker Foods</a></li>
</ul>


<br>

<p><strong><a class="tag" name="NAICS"><span style="color:#346633;font-size:14px;">Selecting the Proper NAICS Code</span></a></strong><br>
The PPP Loan application asks for an NAICS code for your organization. <a href="disaster-relief-loans/How to Choose an NAICS Code.pdf"><strong>Click here</strong></a> for help in selecting the proper NAICS code for your organization.</p>

<br>
<p><strong><a class="tag" name="Forgiveness"><span style="color:#346633;font-size:14px;">Forgiveness Documentation</span></a></strong><br>
AES is not involved with 1st Draw borrowers' applying for Forgiveness. Each lender reaches out to its borrowers about Forgiveness.
But here is the new simplified form 3508s (revised as of January 19th, 2021) for loans under $150,000, and the instructions for it, issued by the SBA. You can download it <a href="disaster-relief-loans/PPP -- Loan Forgiveness Application and Instructions -- Form 3508S (1.19.2021).pdf"><strong>here</strong></a>.
 



<h2 style="margin-left:40px;margin-top:60px;">We are here to help.  Please do not hesitate to contact us at any time: </h3>
    
<p><strong>Phone:</strong> <a href="tel:+51676701005">516-767-0100</a><br>
After Business Hours please leave a voice message and your message will be forwarded to us 24/7.</p>

<p><strong>Email:</strong> <a href="mailto:[email protected]" target="_blank">[email protected]</a></p>






<p style="text-align:center;"><a href="disaster-relief-loans/DISCLAIMER-Generic-4.22.pdf" target="_blank"><strong>Disclaimer</strong></a></p>


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