The recently announced CARES Act provides funding for SBA Paycheck Protection Program loans. These loans will help small businesses pay their employees and cover expenses like benefits, building rent or mortgage interest and utilities.
Beacon Credit Union has partnered with Kabbage to help you access these critical funds.
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You may need the following information to complete your application.
- SBA Form 1919
- Articles of incorporation/organization
- Bylaws/operating agreement
- Payroll expense verification documents, including IRS forms 941 and 944, payroll summary reports and bank statements, summary of payroll benefits
- Mortgage or rent statements
- Utility statements
Beacon Credit Union has partnered with Kabbage, Inc. to provide you access to the SBA loans made available through the federal CARES Act. All applications, documentation, decisioning and approvals are managed by Kabbage. Your use of the site and reliance on any information on the site is solely at your discretion. Beacon Credit Union makes no warranty of any kind, express or implied, regarding the information on the site. Beacon Credit Union shall not have any liability to you for loss or damage of any kind incurred as a result of your use and/or reliance on the information provided on the site or submission of a loan application.