You'll get up to $15K in Stimulus Grants with ClaimPrep from Year Round Financial.

In order to be offered the Targeted Advanced $10K and Supplemental $5K Grants up to $15K, you must first apply for the Economic Injury Disaster Loan.

This is a 30 Year, 2.75%-3.75% Interest Rate Loan, up to $500K. The SBA determines how much, if any, of a loan amount to offer you, based on your credit, average monthly Self-employment Income, etc.

If you qualify for the Stimulus Grants, the gov't will offer you an invitation to apply, regardless of the loan determination.

Targeted Advanced $10K: Qualifying Self-employers that previously applied for the Economic Injury Disaster Loan and received less than the Advanced $10K Grant will now qualify for $10K, less the amount they previously received. Self-employers that qualify will need to demonstrate a decreased income of at least 30%, but not more than 49%, in an 8 week period compared to a previous 8 week period.

The Supplemental $5K: An additional grant to Self-employers that qualify for the Targeted Advanced $10K, and could demonstrate a decreased income of at least 50% in a 8 week period compared to a previous 8 week period.

No, you do not need to reapply for the EIDL. The SBA will send you an email inviting you to apply for the Targeted Advanced $10K Grant. You'll need to provide your login info to access the portal to your original EIDL Application, and for us to begin your ClaimPrep. If you forgot or lost your login credentials, see Forgot/Lost Login Info.

Yes, the gov't will invite you thru email to apply for Supplemental $5K Grant. You'll need this invitation for us to begin your ClaimPrep.

No, the gov't will invite you thru email to apply for Targeted Advanced $10K and the Supplemental $5K Grants. You'll need this invitation for us to begin your ClaimPrep.

The SBA will request transcripts of your 2019 Business Return, as well as Monthly Income Statements for the months of your operation, from January 2019 up to the most recent calendar month.

If you have not filed a 2019 Business Return, TaxPrep will be a required, but $360 additional service. We'll offer TaxPrep during your Qualification Questionnaire.

We'll compile/reconstruct your Tax-basis Monthly Income Statements as part of your ClaimPrep for up to $15 in Stimulus Grants.

The Organization Structure of your Business Operations will determine what documentation you need. Our Qualification Questionnaire will use your answers to determine what documentation is needed for your specific situation.

In addition to documentation to prove your qualifying activity, address, and accounting, the gov't will ask you to sign a 4506T in order for them to use your Business Tax Return Transcripts directly from the IRS.

Yes, we'll update your personal information on your application, as part of your ClaimPrep. You must first provide us authorization and access to your portal.

The SBA may ask for documentation regarding the updated information. This documentation will need to be provided in order for your information to be updated.

Yes, the gov't has a special department that conducts reconsiderations. However, there are no time constraints, so follow-ups may take a while.

When you get ClaimPrep, our goal is to submit the correct and complete information and documentation in a timely manner, so that there is no need to request reconsiderations. However, if needed, we will request reconsideration on your behalf, as part of your ClaimPrep.

The gov't may not email you confirmation. As part of our service, we'll save your Application Submission Confirmation Number and provide it to you for safekeeping as your receipt of our electronic submission, unless otherwise agreed.

With the Confirmation Number, the status of your application will be available on your EIDL Portal.

First try resetting your password. If resetting your password does not work, you can contact the SBA at 1-800-659-2955 or by email at targetedadvance@sba.gov to receive help with resetting your password.

As part of your ClaimPrep, we'll assist however we can, once authorized.

Contact the SBA at 1-800-659-2955 or by email targetadvance@sba.gov to request a new portal invitation.

As part of your ClaimPrep, we'll assist however we can, once authorized.

We'll use the mapping system to determine that during your Pre-qualification Process. Your address being located in a low-income community, as defined by the gov't, is a requirement for the Stimulus Grants up to $15K.

The gov't looks at each business separately and each business must have its own Federal Employer Identification Numbers.

If Self-employers operate multiple businesses using only their SSN or one EIN, then all businesses will be viewed as one entity.

You can complete the Qualification Questionnaire for yourself, if you operated in your own name and SS#, and for each Federal Employer Identification Number with which you operate.

The SBA will request transcripts of your 2019 Business Return, as well as Monthly Income Statements for the months of your operation, from January 2019 up to the most recent calendar month.

If you have not filed a 2019 Business Return, TaxPrep will be a required, but $360 additional service. We'll offer TaxPrep during your Qualification Questionnaire.

We'll compile/reconstruct your Tax-basis Monthly Income Statements as part of your ClaimPrep for up to $15 in Stimulus Grants.

Most Agricultural Businesses, businesses engaged in illegal activity, loan packaging, speculation, multi-level sales distribution, gambling, investment, lending, etc.

We'll determine how you may qualify during your pre-qualification process. If and when we determine how you qualify, you'll be offered an opportunity to schedule a $180 Non-refundable Prequalification Preview Conference Call. Here's we'll discuss how you qualify, and any remaining requirements to begin ClaimPrep.

No, your Stimulus Grants will not need to be repaid, except in the case of violating the terms and conditions of the Stimulus Grants.

Self-employers can receive a maximum of $10,000 for the Targeted Advance Grant and a maximum of $5,000 of the Supplemental Grant. This is a total of a maximum of $15,000 for both grants combined.

The grants could be used for normal operating expenses that would have been afforded had the Covid 19 National Disaster not occurred.

Within 24-48 hours, after you've provided any and all of the data and documents that we've requested during your Prequalification Preview Conference Call, we'll submit your application to the gov't on your behalf.

The gov't processes applications with a goal of a decision within 21 days from submission. The gov't will communicate their decision through email.

Gross Receipts include all revenue in whatever form received or accrued based on businesses accounting methods from whatever sources. This can include sales of products or services, interest, dividends, rents, royalties, fees or commissions, reduced by returns and allowances.

As part of your service, we’ll compile and/or reconstruct estimates of the Tax-basis Financial Statements required to support your claim, where actual data is not available, in accordance with IRS Guidelines for Reconstruction.