1/17/2024 0 Comments Paypal ppp loan application portalWhat small businesses applying to the SBA’s Paycheck Protection Program need to know -The worst part of losing 10M jobs in 2 weeks? The real number may be much higher -Everything you need to know about the new 401(k) no-penalty withdrawals -What to do if you can’t pay your bills this month -Listen to Leadership Next, a Fortune podcast examining the evolving role of CEOs -VIDEO: 401(k) withdrawal penalties waived for anyone hurt by COVID-19 Subscribe to Fortune’ s Bull Sheet for no-nonsense finance news and analysis daily. In general, you have between 8 and 24 weeks from the date your loan was disbursed to spend your loan funds on SBA forgiveness eligible expenses. More must-read finance coverage from Fortune: PayPal is accepting loan forgiveness applications for PPP loans disbursed in 20. According to PayPal, only existing PayPal merchants are eligible to apply for the PPP loans currently. The fintech is extending the loans through its bank partner, WebBank. PayPal is now accepting PPP loans, and has begun offering loans to the more than 10 million merchants using PayPal’s platforms in the U.S. Applicants can apply on the fintech’s site. Kabbage, a direct funding fintech, is also accepting Paycheck Protection Program loans. ![]() Newtek Small Business Finance, Inc., a business development company, is accepting PPP loan applications. Navy Federal Credit Union is accepting PPP loan applications from current business customers (as of February 15, 2020). The site connects applicants with approved capital providers in Lendio’s network of banks, credit unions, and fintechs. Lendio, a small business loan marketplace, is accepting PPP loan applications on its site. If you applied for your loan with Womply, you may want to visit their website to review answers to other questions about forgiveness.Key Point Credit Union is accepting PPP loan applications only from current members who were active on February 15, 2020.
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