Since April, we’ve enabled the funding of over 33,000 Paycheck Protection Program (PPP) loans. However, you can no longer apply for a PPP loan within QuickBooks Capital. The program, which is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, ended August 8, 2020.
If you’re a Payroll customer, sign in to see if you’re eligible to apply for a PPP loan application.
Enter your email address to receive updates about the Paycheck Protection Program.
By selecting Submit, you agree to permit Intuit to contact you regarding the Paycheck Protection Program and have read and acknowledged our Privacy Statement.
If you’re a Payroll customer, the following steps will make it easy to get started. If one of these does not apply to you, you can still submit your application for a PPP loan to another approved SBA lender. First, you’ll need to gather your relevant business documents.
Relief programs are evolving regularly. For the most up-to-date information, visit SBA.gov.
If you’re a Payroll customer, QuickBooks Capital may be able to help you. If not, gather the following information to apply for PPP loan:
To apply with a lender other than QuickBooks Capital, you may need 3 things:
If you filed your 2019 taxes with TurboTax Self-Employed and are a QuickBooks Self-Employed customer:
In general, small businesses with fewer than 500 employees are eligible to apply for a Paycheck Protection Program loan. You must have also been in business on or before February 15, 2020.
At this time, the Small Business Administration has stopped accepting applications for Paycheck Protection Program loans because the processed loan volume has reached the $349 billion level currently authorized by the CARES Act.
We are actively monitoring the situation, and hope more funding will become available. We recommend that you complete your application now with QuickBooks Capital. If and when we are able, we will submit your application to the Small Business Administration.
Given the large demand for any such additional funds and our funding capacity, not every qualified Paycheck Protection Program applicant will receive a loan.
*The PPP application is currently available to certain users who have QuickBooks 2018, 2019 and 2020.