All PPP borrowers can apply using the Standard Journey — specifically borrowers who do not qualify for Form 3508EZ or 3508S.
The simple journey is for borrowers who took out PPP loans of $150k or less.
The EZ Journey is for PPP borrowers who are self-employed and have no employees or those who have employees but did not reduce employee levels, wages or hours by more than 25% during the covered period.
NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.
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Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business
