PPP Required Documents Checklist - Wheelhouse Credit Union

SBA PPP Loan: Required Document Checklists

We created the following checklists to help you gather all the necessary documents prior to your new business membership appointment. Once you have gathered the required documents for your business type, please make an appointment to open your business membership.

The business structure determines the documentation required to open a business account as listed below. All documentation names and vesting must match. Original business documents MUST be provided. A valid Tax ID number (EIN) in the name of the business is required for all new accounts. Sole Proprietorships may use the owner’s Social Security number (SSN) or an EIN.

Please scroll down to the bottom of this page for additional details on required documentation.

Corporation

Primary identification for each person with 25% or more ownership¹
Secondary identification for each person with 25% or more ownership²
Physical address for each person with 25% or more ownership
Social Security Number for each person with 25% or more ownership
Date of Birth for each person with 25% or more ownership
Articles of Incorporation and any amendments (must be stamped by the CA Secretary of State)
Corporation Resolution (must be on business letterhead)³
Statement and Designation by Foreign Corporation (S&DC-S/N) Only required if formed outside of California. Must be dated within the last 6 months.
Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

General Partnership

Primary identification for each person with 25% or more ownership¹
Secondary identification for each person with 25% or more ownership²
Physical address for each person with 25% or more ownership
Social Security Number for each person with 25% or more ownership
Date of Birth for each person with 25% or more ownership
Filed Fictitious Business Name Statement
Partnership Agreement
Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

Incorporated Association or Incorporated Non-Profit Organization

Primary identification for each person with 25% or more ownership¹
Secondary identification for each person with 25% or more ownership²
Physical address for each person with 25% or more ownership
Social Security Number for each person with 25% or more ownership
Date of Birth for each person with 25% or more ownership
Articles of Incorporation and any amendments (must be stamped by the CA Secretary of State)⁴
Corporate Resolution (must be on business letterhead)³
Statement and Designation by Foreign Corporation (S&DC-S/N) Only required if formed outside of California. Must be dated within the last 6 months.
Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

Limited Liability Company

Primary identification for each person with 25% or more ownership¹
Secondary identification for each person with 25% or more ownership²
Physical address for each person with 25% or more ownership
Social Security Number for each person with 25% or more ownership
Date of Birth for each person with 25% or more ownership
Filed Articles of Organization (Form LLC-1)⁵
Statement of Information (Form LLC-12) dated within the past 24 months⁶
Operating Agreement (must be on business letterhead)⁷
Application to Register a Foreign Limited Liability Company (LLC) (LLC-5). Only required if formed outside of California. Must be dated within the last 6 months.
Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

Limited Liability Partnership

Primary identification for each person with 25% or more ownership¹
Secondary identification for each person with 25% or more ownership²
Physical address for each person with 25% or more ownership
Social Security Number for each person with 25% or more ownership
Date of Birth for each person with 25% or more ownership
Filed Fictitious Business Name Statement
Filed Limited Liability Partnership (Form LLP-1) business name and LLP-1 must match all provided documents
Partnership Agreement (must be on business letterhead)⁸
Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

Limited Partnership

Primary identification for each person with 25% or more ownership¹
Secondary identification for each person with 25% or more ownership²
Physical address for each person with 25% or more ownership
Social Security Number for each person with 25% or more ownership
Date of Birth for each person with 25% or more ownership
Filed Fictitious Business Name Statement
Filed Certificate of Limited Partnership (Form LP-1)
Partnership Agreement
Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

Sole Proprietorship

Primary identification¹
Secondary identification²
Physical address
Social Security Number (either the owner’s Social Security Number or an EIN)
Date of Birth
A Filed Fictitious Business Name Statement if the owner’s name is not included in the Business Name

Unincorporated Association or Unincorporated Non-Profit Corporation

Primary identification for each authorized signer¹
Secondary identification for each authorized signer²
Physical address for each authorized signer
Social Security Number for each authorized signer
Date of Birth for each authorized signer
Organization’s Bylaws
Signed Meeting Minutes listing authorized signers
Unincorporated Non-Profit Certification of Beneficial Ownership Form (provided by Wheelhouse Credit Union and completed in-person)

Additional Details

¹Valid primary identification includes unexpired driver’s license, passport or other government-issued ID
²Valid secondary identification includes City badge or other Selected Employer Group (SEG) ID card, major credit card (bank-issued, not expired, must be embossed with member’s name), debit card (bank-issued, not expired, must be embossed with member’s name), employer-issued ID with picture, student ID with picture, or firearm license
³Corporate Resolution must list all officers’ names and must designate WHO has authority to be an Authorized Signer (or to open bank accounts) – if not specified in Corporate Resolution, provide additional documents on Business Letterhead and signed, granting authority to appropriate Authorized Signer. Document must be signed by an Officer.
⁴Business name and Articles of Incorporation information must match all provided documents. California Secretary of State stamp (only CA state filings are acceptable)
⁵If Articles of Organization is electronic, the document must include the filed Secretary of State, State of California stamp accompanied by: the California Secretary of State Electronic Certified Copy Letter.
⁶Business name and Statement of Information must match all provided documents. California Secretary of State stamp (only CA state filings are acceptable)
⁷Operating Agreement must list all Members’/Managers’ names and must designate WHO has authority to be an Authorized Signer (or to open bank accounts) – if not specified in Operating Agreement, provide additional documents on Business Letterhead and signed, granting authority to appropriate Authorized Signer. Document must be signed by a Member/Manager.
⁸Partnership Agreement must list all partners’ names along with their signatures and must designate WHO has authority to be an Authorized Signer (or to open bank accounts) – if not specified in Partnership Agreement, provide additional documents on Business Letterhead and signed, granting authority to appropriate Authorized Signer.