#Paypal ppp application portal free#

We will be in touch when the review is complete or if any additional information is needed'.ĮDIT: and now when I check the Summary in the portal it has a loan amount and has moved to the step of 'Underwriting Review'. Submitted all of this and it now says 'Your application is currently under review. Did so, and was then prompted for bank information, payroll calculations, and supporting documentation. I just went through this, and after the last page was prompted to create an account to submit additional information. It's a huge relief to see the PPP funds in our account. To those of you still waiting for your loan I feel your pain and hope you get through the process soon. Fuck Chase - we're moving to a small local bank after things settle back down. Still waiting SBA.Ĭhase (our business bank) gave us a pending loan number after filling out a PPP app on 4/3 but we never heard back from them again. She said we should just wait for a loan officer to call us. She was nice as she said, Oh, it's going to take at least a month for anyone to get any money. 376# Oh, I did talk to the SBA after waiting on hold for three hours on or around 3/30 and the lady laughed at me. Completed short form on 3/30 and still have heard nothing. SBA EIDL app was completed 3/21 (long form) and we received a number. One was a loan note.Ĥ/15 8:30 AM - Received email saying loan approved by SBA.Ĥ/15 10:30 AM - Received funds in our bank account. $217,000 funded today via Paypal to keep our 28 employees employed.Ĥ/14 2:00PM - Submitted app with copies of our quarterly payroll reports to Paypal.Ĥ/14 2:45PM - Received two Docusign emails from Paypal. Paypal was the best and fastest funding choice for us after the SBA and Chase both failed to move on our apps or should I say just FAILED. Location Specific Small Business Subreddit No Personal Attacks, Trolling, or Toxicity.You can promote your business in a relevant reply to a post or comment in other threads.

#Paypal ppp application portal free#

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