Editor’s note: The Paycheck Protection Program application deadline has been extended to May 31, 2021, or for as long as funds are available.
Starting today, certain eligible QuickBooks ® customers seeking a second Paycheck Protection Program (PPP) loan can now start the application process within QuickBooks Capital. For this round of funding, the QuickBooks team built an automated, online second PPP loan application experience exclusively for customers:
- who have previously received a PPP loan by applying through QuickBooks Capital, and
- are seeking a second PPP loan of up to $150,000.1
In addition to the application within QuickBooks Capital, QuickBooks is partnering with SBA-approved lender Cross River Bank (CRB) to facilitate second PPP loans for eligible customers. Please note that your business may be eligible for a higher loan amount through them directly or another SBA-approved lender .