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Get help with your loan For questions about Paycheck Protection Program (“PPP”) loans via the Small Business Administration (“SBA”) please follow the links below to reach the support team. Eligibility. Most businesses and nonprofits as prescribed by the SBA (employee count and business entity exceptions may apply). Borrowers applying for a second draw loan may have no more than 300 employees and must show at least a 25% reduction in revenue in accordance with the requirements. If the requirements of the PPP loan will not allow you to fully accomplish your goals, ECDI offers a Working Capital Loan (non-forgivable) to PPP borrowers, which can serve as a companion, supplement or alternative to your PPP funding.
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(Electronically signed on 1/21.) 1/26: Email update received - “Under Review”. A10 Capital will require the following verified documentation for all PPP loans: Filed Tax Return, Payroll Documents, Bank Statement for an Existing Bank Account, Identification Documents (Driver's License, Passport, etc.). These precautions are being taken by A10 Capital due to an escalating number of fraudulent loan applications. PPP loans in 2021 will now cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures. PPP loans should not be used for new expenses that your business has never had before and are not intended to help expand or grow your business.
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Paycheck Protection Program (PPP) loans offered within QuickBooks Capital may be made by Intuit Financing Inc. (d/b/a QuickBooks Capital) or by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. The PPP Is Back With $284 Billion in Additional Funding, but Small-Business Owners Must Act Fast!
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Gratis. tis 2 feb 2021 09:00 Access to Capital with SBA Webinar / RNSBDC.
Their processes are slow and difficult. (often asking for 5x more paperwork than needed)
Paycheck Protection Program Whether you’re a sole proprietor, self-employed, a small business owner with employees, or an independent contractor, the Paycheck Protection Program (PPP) offers low-interest loans that may be 100% forgiven. Square Capital is excited to participate in the new round of PPP loans. Paycheck Protection Program (PPP) loans offered within QuickBooks Capital may be made by Intuit Financing Inc. (d/b/a QuickBooks Capital) or by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC.
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MBE Capital Partners is no longer accepting Paycheck Protection Program applications at this time. For those borrowers that have already applied for a PPP 2.0 loan through MBE Capital Partners, we will continue to process your loan and will reach out to you to request additional information.
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Whether this is your first or second PPP loan, you may be eligible to apply. At this time, only businesses with a Square account will be able to apply through Square Capital.