What are the business types and required documentation for opening an account or applying for a loan?

Business Type	Documents needed
Sole Proprietorship / Doing Business As (DBA): a business owned and operated by one individual. A DBA ("Doing Business As") allows the owner to conduct business under a trade name different from their legal name while remaining personally responsible for the business's obligations.	Two forms of ID & SSN for the account holder (business owner) and the primary ID for signers who are not owners. Business license. Assumed Name Certificate issues only if the business is "Doing Business As" in a name other than your own. If applicable, a copy of the EIN Certification Letter from the IRS, TT&L Payment, Tax Return or other evidence of the EIN. (Unless you operate with a SSN).
Partnership / General Partnership: a business owned by two or more individuals who share profits, responsibilities, and management of the business. In a general partnership, each partner is generally personally responsible for the business's debts and obligations.	Primary ID and SSN for all partners owning 25% or more and control prong. Primary ID for all signers. Business License, Certification of Partnership, Partnership Agreement, Affidavit of Partnership, Certificate of Good Standing or similar document evidencing the legal existence of the entity. Evidence from the respective State website that the company is active. Copy of the EIN Certification Letter from the IRS, TT&L Payment, Tax Return or other evidence of EIN. Partnership Resolution. Completed and signed Beneficial Ownership Certification Form.
Limited Partnership (LP): a business structure with one or more general partners who manage the business and one or more limited partners who typically have limited involvement in management and limited liability based on their investment.	Primary ID and SSN for all partners owning a 25% or more and control prong. Primary ID for all signers. Business License, Certification of Partnership Agreement, Partnership Agreement, Affidavit of Partnership, Certificate of Good Standing or similar document evidencing the legal existence of the entity. Evidence from the respective State website that the company is active. Copy of the EIN Certification Letter from the IRS, TT&L Payment, Tax Return or other evidence of the EIN. Partnership Resolution. Completed and signed Beneficial Ownership Certification Form.
Limited Liability Partnership (LLP): a business owned by two or more partners where each partner has limited personal liability for certain business debts and the actions of other partners, while still participating in the management of the business.	Primary ID and SSN for all partners owning 25% or more and control prong. Primary ID for all signers. Business License, Certification of Partnership, Partnership Agreement, Affidavit of Partnership, Certificate of Good Standing or similar document evidencing the legal existence of the entity. Evidence from the respective State website that the company is active. Copy of the EIN Certification Letter from the IRS, TT&L Payment, Tax Return or ether evidence of the EIN. Partnership Resolution. Beneficial Ownership Certification Form.
Corporation (S-Corporation or C-Corporation): a legal business entity that is separate from its owners (shareholders). Corporations provide liability protection for their owners and are managed by directors and officers in accordance with state law and corporate bylaws.	Primary ID and SSN for all owners of 25% or more and control prong. Primary ID for all signers. Business License, Articles of Incorporation, Certificate of Good Standing or similar document evidencing the legal existence of the entity. Certificate of Assumed Name (if applicable). Evidence from the respective State website that the company is active. Copy of the EIN Certification Letter from the IRS, TT&L Payment, Tax Return or other evidence of the EIN. Corporation Resolution. Completed and signed Beneficial Ownership Certification Form.
Limited Liability Company (LLC): a business structure that combines liability protection for its owners (members) with the flexibility of a partnership. An LLC is a separate legal entity from its owners and may be managed by its members or designated managers.	Primary ID and SSN for all owners of 25% or more and control prong. Primary ID for all signers. Business License, Articles of Organization, Operating Agreement, Affidavit of LLC, Certificate of Good Standing or similar document evidencing the legal existence of the entity. Certificate of Assumed Name (if applicable) . Evidence from the respective State website that the company is active. Copy of EIN Certification Letter from the IRS, TT&L Payment, Tax Return or other evidence of the EIN. LLC Resolution. Completed and signed Beneficial Ownership Certification Form.
Non Profit Corporation / Political Organization (IRS Code 527): an organization formed for charitable, educational, religious, social, or political purposes rather than to generate profits for owners or shareholders. These organizations are governed by directors or officers and may qualify for tax-exempt status under applicable IRS regulations.	Primary ID and SSN for Control Prong and Primary ID for all signers. Formation documents, Articles of Incorporation, Certificate of Good Standing or similar document evidencing the existence of the entity. Copy on Non-Profit Eligibility Status or Non-Profit Account Certification copy pf EIN Certification Letter from the IRS, TT&L Payment, Tax return or other evidence of the EIN. Corporation Resolution. Completed and signed Beneficial Ownership Certification From (generally control prong only).
Non-Profit Organization / Unincorporated Associations (Lodges / Associations / Clubs or Recreation Associations): a group formed for a common charitable, social, recreational, educational, or community purpose that operates without owners or shareholders. These organizations are typically managed by elected officers, directors, or authorized representatives.	Primary ID for all Officers and / or signers. Copy of Association or Organization Formation documents (if available). Copy of EIN Certification Letter from the IRS, TT&L Payment , Tax return or other evidence of the EIN.
Sole Member LLC: a limited liability company (LLC) owned by one individual or entity. The sole member has full ownership and control of the business while generally receiving liability protection separate from their personal assets.	Primary ID for Sole Member. Primary ID for all business signers (if applicable). Copy of Assumed Name Certificate (if applicable). Evidence of legal existence (provide one of the following: Business License, Articles of Organization, Operating Agreement, Affidavit of LLC, Certificate of Good Standing). Evidence from respective State website that the company is active and in good standing. Evidence of EIN (if applicable, provide one of the following: Copy of EIN Certification Letter from the IRS, TT&L Payment, tax Return or other IRS documentation that includes the EIN and business name). LLC Resolution. Beneficial Ownership Certification Form.