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victorvega84
Level 2

Is the ppp open again ?

 
Solved
Best answer January 23, 2021

Best Answers
ShiellaGraceA
QuickBooks Team

Is the ppp open again ?

You can apply anytime, @victorvega84.

 

QuickBooks Capital will only process applications from individuals with self-employment income who do not have employees. Otherwise, you may check for other lenders that offer a PPP loan.

 

You may be eligible if:

 

  • You were in operation on February 15, 2020
  • Your principal place of residence is in the United States
  • You filed or will file a Form 1040 Schedule C for 2019

 

If you're eligible, you'll need to complete the PPP loan application form and we'll help you process it. Click here for the application form. Once your PPP loan application is received and approved, you'll get a notification on your QuickBooks Capital dashboard and a confirmation email. You should see an email with the title "[your amount] from the Paycheck Protection Program for you."

 

I'm attaching these handy articles to help you along the way. You will also find answers to common PPP questions in one of the links below. 

 

 

Please know that you're always welcome to message me anytime if you still have questions or concerns with PPP loan. I'll be here for you. Take care and stay safe.

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6 Comments
ShiellaGraceA
QuickBooks Team

Is the ppp open again ?

You can apply anytime, @victorvega84.

 

QuickBooks Capital will only process applications from individuals with self-employment income who do not have employees. Otherwise, you may check for other lenders that offer a PPP loan.

 

You may be eligible if:

 

  • You were in operation on February 15, 2020
  • Your principal place of residence is in the United States
  • You filed or will file a Form 1040 Schedule C for 2019

 

If you're eligible, you'll need to complete the PPP loan application form and we'll help you process it. Click here for the application form. Once your PPP loan application is received and approved, you'll get a notification on your QuickBooks Capital dashboard and a confirmation email. You should see an email with the title "[your amount] from the Paycheck Protection Program for you."

 

I'm attaching these handy articles to help you along the way. You will also find answers to common PPP questions in one of the links below. 

 

 

Please know that you're always welcome to message me anytime if you still have questions or concerns with PPP loan. I'll be here for you. Take care and stay safe.

View solution in original post

victorvega84
Level 2

Is the ppp open again ?

 
victorvega84
Level 2

Is the ppp open again ?

Thanks! Where do I send the completed application?

CharleneMae_F
QuickBooks Team

Is the ppp open again ?

I'll help you submit your PPP loan application, victorvega84.

 

Once you’ve gathered all the needed information, you can submit your application for a loan within QuickBooks Capital.

 

Here's how: 

 

  1. Select Capital, then on the Federal Relief Funds box, select the Tell me more button, and select Continue.
  2. Over the next few screens, fill in the following fields with the information you’ve gathered or answer the questions on the page, and select Next.
  3. On the Tell us about your business page, confirm all the information on the page is correct, and then select Next. 
  4. Enter your Social Security number and Date of Birth in the text fields, then select Next.
  5. Enter your bank routing number and bank account number in the text fields, and select Next.
  6. Review all the information, then select the checkboxes to confirm, and then select Accept and submit.
  7. Review all the information you’ve included on your application, and select the Confirm button.
  8. Review all the information from our lender partner, select the checkboxes, then answer the two questions, and select the Confirm and accept button.
  9. Select the Review and sign button.

After that, you'll get a notification and a confirmation email if your loan application is received and approved.

 

You can check out this article for reference: Process a Paycheck Protection Program loan within QuickBooks Capital.

 

When you apply for a loan, you need to provide your average monthly payroll costs. Please visit this article to learn how to calculate them: Average Monthly Payroll Costs.

 

Additionally, with QuickBooks, you can keep track of how you use the funds you get from your PPP loan. Please refer to this article for more details: Manage PPP Funds.

 

It's good to have you here in the Community. Please know that I'm always here if you have other questions or concerns about PPP loan applications. 

victorvega84
Level 2

Is the ppp open again ?

Is there another way to do this through quick books self employed? I completed an application on pdf. May I email the application somewhere ?

IamjuViel
QuickBooks Team

Is the ppp open again ?

Hello, @victorvega84.

 

Let me route you to the best available support so you'd be further assisted in completing your PPP application.

 

First, QuickBooks Self-Employed enables you to track how your PPP loan was spend. Also, it allows you to generate a report  that displays a breakdown of your eligible expenses that are forgivable.  

 

On the other hand, I'd recommend contacting the dedicated Customer Care team for QuickBooks Capital. A specialist can securely access your account and guide you in submitting your PPP loan application. 

 

Get back to us here if you have other questions or concerns. The Community and I are always here to help.

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