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.
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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.