Voiles said that the PPP application through QuickBooks starts by calculating the loan amount based on the employer's payroll and could take about 10 minutes to complete.

PayPal Holdings: Also approved by the SBA as a nonbank lender, PayPal is now accepting applications for PPP loans from PayPal merchants. The company is working with WebBank as its partner lender.

On April 8, the U.S. Treasury finally made an application form available for them to apply and on Friday, April 10, Paypal and Intuit Quickbooks were approved by the SBA to take part in PPP.

The software simplifies the application process using automation, as well. In coordination with the SBA, it then disburses the PPP funds, making it faster to gain access to the relief.

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