So. Many. Documents. We understand the information required is very lengthy! We are bound by federal regulations to require such documentation for our program with funding from HUD. All eligible recipients must provide the following documentation for our (Re)Open for Business Forgivable Loan Program through StartUp Texas. Please feel free to call our COVID-19 Business Hotline at 888-816-8043 for assistance with any documentation you may need!

DOCUMENT CHECKLIST

DUNS NUMBER

All businesses and non-profits will need to have DUNS number, you can get one online at the link below.

SAM REGISTRATION

Proof of active entity registration with SAM.gov (Registration link below).

CERTIFICATE OF FACT

Copy of the “Certificate of Fact” from the Texas Secretary of State. This certificate provides entity’s status, current legal name and date of formation.

CERTIFIED W9

Signed W-9 for your Company

BUSINESS FORMATION DOCUMENTS

Article of formation or incorporation, or DBA forms.

2018 & 2019 TAX RETURNS

2018 & 2019 Business Federal Tax Return or Self-employed/Sole Owner 2019 1040 with Schedule C. For sole proprietors, provide your 1099, K1 or Schedule C from the IRS Form 1040

2019 PROFIT & LOSS STATEMENT

2019 CASH FLOW

Cash flow for business for all of 2019

2020 BUSINESS EARNINGS

2020 year-to-date business earnings statement

2020 PAYROLL (8 WEEKS)

Detailed payroll from the past 8 weeks of business

GROSS REVENUE LOSS DOCUMENTATION

Documentation (spreadsheet, word doc., bank statements, and/or a document from a CPA) to show proof of a 25% or more loss of revenue during the pandemic. Take Gross Monthly Revenue (deposits from bank statements) for the 30 days time period between March 2020 to August 2020 and compare it to the same 30 days of the 2019.

CONFLICT OF INTEREST CERTIFICATION

Signed Conflict of Interest Certification

DUPLICATION OF BENEFITS AFFIDAVIT

Applicant must sign and scan affidavit regarding duplication of benefits

DETAILED BUDGET

Detailed budget template can be downloaded below.

VERIFICATION OF BUSINESS LOCATION

Provide a lease agreement, owner deed, etc. verifying business address

LIABILITY INSURANCE

Copy of liability insurance

IDENTIFICATION

Copy of driver’s licenses and social security cards of all owners

PROOF OF CITIZENSHIP

Proof of citizenship for all owners (birth certificates, passports, or permanent resident cards)

MILITARY DD214 OR HONORABLE DISCHARGE DOCUMENTATION

ONLY if applicable

IRS NON-PROFIT STATUS

Required for Non-Profits

BOARD OF DIRECTORS LIST

List Of Organization’s Board Of Directors (required for Non-Profit)

BOARD RESOLUTION FROM NON-PROFIT

Resolution from board allowing for loan to be received. Must be signed by authorized board member. Required for Non-Profits.

DOWNLOAD DOCUMENTS

COVID-19 BUSINESS HOTLINE