Let me help on where to send the loan application, @RTConst.
You can send the loan application within QuickBooks Capital. However, if you apply to a lender outside of QuickBooks, you can submit your loan application to an approved SBA Paycheck Protection Program lender of your choice.
Before applying and sending your loan application, make sure to get the latest update for QuickBooks Desktop.
Then start the loan application within QuickBooks Capital, here's how:
Once your PPP loan application is approved, you'll get a notification on your QuickBooks Capital dashboard and a confirmation email.
I'm adding these articles for additional information about PPP application in QuickBooks:
Let me know if you need additional information by commenting below. I'm always right here to help. Take good care always.
Welcome to the Community, @BossAgencyinc.
Allow me to provide additional information about sending your PPP loan application and help you from there.
As mentioned by my colleague above, you can send the PPP loan application in QuickBooks Capital. The QuickBooks Capital is a service offered by Intuit Financing Inc. that provides business loans to eligible QuickBooks customers.
You can also send your loan application through an approved SBA Paycheck Protection Program lender if you apply for the loan outside QuickBooks.
Once you're ready to start your loan application, please follow the detailed steps shared by my colleague Joesem M above.
You might want to check out this article to learn how to track your PPP loan: Track how you use your Paycheck Protection Program loan.
Keep in touch if you need any more assistance with this, or there's something else I can do for you. I've got your back. Have a good day and keep safe.
Thank you for clearing things up. I'll take care of your query about the PPP Loan Forgiveness application.
The option to file a PPP Loan Forgiveness application is found outside of QuickBooks Desktop (QBDT). Take a look at this online PDF file for the instructions: Loan Forgiveness Application Instructions.
Additional details about this topic are found in this article: Paycheck Protection Program loan forgiveness. Related links to this topic are found here, as well as some notes on how you can spend the PPP loan if you want to be forgiven in full.
Direct your questions below, in case you have other concerns. I'll get back to you as soon as I can.
This is still not very helpful! You keep providing information on the application, or the data that is needed. What is being asked is where do we send it? Do we submit it online, email it to a particular address, certify mail it to an address or someone's attention? etc. WHERE DO WE SEND THE LOAN FORGIVENESS APPLICATION AND DOCUMENTATION IF WE WERE APPROVED THROUGH QUICKBOOKS CAPITAL (Intuit Financial)?
I cant locate the address, email address or online link on where to send my PPP forgiveness application. Everywhere I look it says the following:
How do I apply for PPP loan forgiveness?
To apply for forgiveness of your Paycheck Protection Program (PPP) loan, you (the Borrower) must complete this application as directed in these instructions, and submit it to your Lender (or the Lender that is servicing your loan). Borrowers may also complete this application electronically through their Lender.
That does not help! For those of us that applied through QuickBooks and were approved with QuickBooks Capital, where do we submit the data?
Good morning, @luke121.
I appreciate you contacting the Community for guidance on where to submit the Loan Forgiveness application.
I've sent you some information through a private message to help you submit the completed documentation. Just click on your profile at the top of your Community page and choose Messages. I've included a screenshot below you can reference.
I look forward to your response. Chat with you soon. Take care!
Thanks for joining this thread, and allow me to share what my colleague sent to the previous customer. I've sent a direct message in your inbox. You can follow the screenshot provided by Tori B above as your source.
Let me know if you have more questions about it. I'll be quick to reply. Stay safe and healthy!
Why is it such a mystery where to file the PPP forgiveness application. I went through QBooks, the loan was funded by Cross River Bank, Intuit says to contact Cross River Bank, Cross River Bank says to contact Intuit, I then chatted with an Intuit representative who provided me an Intuit phone number that was a recording - no help. Can someone simply post a mailing or email address for all of us who would like to file for forgiveness?
Welcome to the Community, JdL1952.
If you applied for your Paycheck Protection Program loan through QuickBooks, then Intuit would be your lender. The Small Business Administration has confirmed forgiveness requests have to go through involved lenders.
I've sent a private message where this can be discussed further. I look forward to assisting you there. Have a wonderful day!
I do not have a private message from you. Why can't you simple put the email or mailing address on this forum for all to see if they went through Intuit and the loan was funded by Cross River Bank in order to apply for PPP loan forgiveness? Again, this information should not be a mystery.
I wish that the process could have been more transparent! Let people know when to start the the loan forgivness application and whom should we submit the application to. If the rules are not ready for accepting the application, why not just saying it? I think it is the time that we have learned to be patient. -James
I appreciate you sharing your sentiments here in the Community, @shiu4us. Let me chime in to shed some light on everyone following this thread.
At the moment, we're still working on adding the process to support the application for loan forgiveness. The earliest you can apply would be eight weeks after loan disbursement.
However, the process and requirements may change. You can check back and get updates by clicking the Register now button.
Also, please ensure to gather supporting documents as proof that you complied with the directions of the SBA. Here are some of the documentation needed:
You'll need to complete and submit the Loan Forgiveness Application (SBA Form 3508 or lender equivalent) through the service offered by Intuit Financing Inc.
The QuickBooks Capital is your lender that provides business loans to eligible QuickBooks customers. You can get the phone number published in the article to verify where and how you can submit your application. Once submitted, they will then review the application and decide about your loan forgiveness.
If you'd like to speak to a representative about this process through chat, you can also click the Live Help button through this link: https://quickbooks.intuit.com/capital/.
You'll also want to visit the PPP Center to get loan forgiveness through this link: https://quickbooks.intuit.com/small-business/coronavirus/paycheck-protection-program/loan-forgivenes.... It also includes PPP loan workflow chart to see how it works.
You can also apply for PPP loan forgiveness on your own by visiting the SBA site.
For additional reference, refer to this topic LOAN FORGIVENESS PROCESS; WHAT IS THE GENERAL PROCESS TO OBTAIN LOAN FORGIVENESS? through this link: Business Loan Program Temporary Changes; Paycheck Protection Program-Requirements-Loan Forgiveness.
Let me know if you have additional questions. We're always here to help in any way we can.
I think I speak for everyone here when I say "thank you for all of the helpful information". After speaking with the live chat reps, they are telling me that they are not accepting loan forgiveness applications as of yet. Many of us received our loans 8-10 weeks ago and we are anxious to get the paperwork submitted while this is all fresh. My only suggestion would be that it is clear somewhere that anyone that has received a QuickBooks Capital PPP Loan is not able to apply for loan forgiveness as of yet. That does not appear anywhere and appears to only come from live chat.
Thank you for posting here in the Community, @LH37.
Let me provide information where you can file the loan forgiveness application.
As mentioned by my colleagues above, you can send the PPP loan application in QuickBooks Capital. It is a service offered by Intuit Financing Inc. that gives business loans to eligible QuickBooks users.
Also, you can forward your application through an approved SBA Paycheck Protection Program lender if you apply for the loan outside QuickBooks.
You can follow the detailed steps given by @Joesem M to start your loan application.
I've added these articles that can guide you more about the Paycheck Protection Program loan forgiveness:
Feel free to get back if you need further assistance. I'd be glad to help you as soon as I can. Keep safe!
I am sorry, but this is not accurate. To be clear.....This post was not about how to apply for the loan. Most of us here are aware of how that works. This is about how to file the loan forgiveness application, and in particular, how to file a loan forgiveness application for those of us that received a QuickBooks Capital PPP Loan. The information you are posting are the items that you need to file...not not the actual way to file. In other words, the link you click to submit the application. The email address you send the paperwork to, the online application that you complete.
After speaking with QuickBooks Capital, I was told that the loan forgiveness application is not available as of yet, at least for those of us that received QuickBooks Capital PPP loans. We are still in a holding pattern until that is ready. If you did not receive your loan through QuickBooks Capital, you will need to call your lender and inquire directly with them.
I hope that helps clear things up! If I am inaccurate about this, please let me know. I have been checking daily for the link to start the ppp forgiveness application but it appears to still be unavailable.
The response Ireceived in a private chat on this topic.
Hello thank you for contacting intuit I will be your Quickbooks Capital Agent How can I assist you today.The forgiveness application has not become available yet, we are aiming to have that launched by mid to late july. As your lender we have you covered you will not be penalized or charged any fees due to being over the covered date . We cannot accept the 5308EZ form. You can apply for the forgiveness in product, once it becomes available. to get updates via email on the forgiveness, you can sign up here