In order to process your application, Greylock requires the following documents:
- Your completed and saved application along with the Greylock Supplemental Form
- Schedule of employees
- A worksheet/spreadsheet in any format you like showing the calculations and date range used to determine your average monthly payroll costs with supporting documents (e.g. W-3, 941, third party payroll processor records or tax returns) Here is a basic form you can use.
- 2019 Fed Business Taxes or 2019 Profit/Loss Statement
NOTE: Sole proprietor must provide a complete copy of your 2019 1040, a 2019 SCH C (https://www.irs.gov/pub/irs-pdf/f1040sc.pdf) with all schedules attached. Please submit proof your business was operational on February 15, 2020. This could be in the form of a bill, invoice or bank statement.
NOTE: A complete application must include all of the above-referenced supporting documents. Submitting your application without the proper supporting documents will not only delay processing of your loan, it will also delay our ability to serve other businesses.