cancel
Showing results for 
Search instead for 
Did you mean: 
lorettawilson536
Level 1

How do I fill out for forgiveness on my ppp1 loan and will I be able to do ppp2 loan as well with u guys

 
2 Comments 2
Rose-A
Moderator

How do I fill out for forgiveness on my ppp1 loan and will I be able to do ppp2 loan as well with u guys

Good day, lorettawilson536. I'd be happy to provide you some information regarding filling out and applying for a PPP2 loan in QuickBooks Self-Employed.

 

You need to fill and complete basic company information on the main Loan Forgiveness Calculation form, then apply through an eligible lender. 

 

To be able to do PPP2, borrowers must have used or will use all of the first loans on eligible costs by the time the second loan is disbursed.

 

Here's an article that provides more details about the PPP loan: Frequently asked questions about the Paycheck Protection Program. It provides more details about the PPP process as well as links on how to use relief funds.

 

If you have follow-up questions about the process, you can directly get in touch with our PPP Support Team. They should be able to provide you the correct information about the PPP Loan Forgiveness Application.

 

To contact them, go to the PPP center of your product and select Live Chat or you can connect with them directly using this link: https://help.quickbooks.intuit.com/prechats/offerings/Paycheck-Protection-Program/23465/view.

 

For now, I'd suggest visiting the Paycheck Protection Program loan forgiveness website and register for their Newsletter. This way, all updates about the loan will be delivered straight to your inbox.


z.PNG

 

When it comes to tracking loan payments, I suggest checking out the Categories in QuickBooks Self-Employed, which breaks down all the available expense categories such as Business Loans and Business Loan Payments.

 

If you have any questions about QuickBooks, let me know in the comment section. I'll be glad to share and provide further assistance whenever you need one. Have a wonderful day! Take care.

Rose-A
Moderator

How do I fill out for forgiveness on my ppp1 loan and will I be able to do ppp2 loan as well with u guys

Hi, lorettawilson536.

 

Hope you're doing great. I wanted to see how everything is going about the PPP forgiveness you had yesterday. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I'd be happy to help you at anytime.


Looking forward to your reply. Have a pleasant day ahead!

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us