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.

7 Reasons You Should Still Apply for a PPP Loan Although the Paycheck Protection Program’s ability to help small-business owners has been a source of debate, there are still many reasons you ...

You can now apply directly for the PPP with fintechs such as PayPal and Quicken loans. See my new article here. WASHINGTON, DC - MARCH 13: U.S. Speaker of the House Rep. Nancy Pelosi (D-CA) is ...

Dive Brief: Nonbank lenders PayPal, Intuit and Square were approved to offer direct loans to small businesses through the Small Business Administration’s Paycheck Protection Program (PPP), the ...

The Extension Act extends the PPP application deadline from June 30 to August 8, 2020. According to the SBA, as of June 30 2020, about $137.5 billion of PPP funding remained. How large can my loan be?

The concept is on the table to forgive all PPP loans below a certain threshold. The Business Journals. Select a City Washington Business Journal. BEST REAL ESTATE DEALS OF 2024. Check ...

You will need to submit an application for forgiveness directly to the lender that provided your PPP loan. On May 15, the SBA issued a standard loan forgiveness application, available here .