![]() ![]() If you identify information that you believe to be incorrect or outdated, let us know. You will need your 10-digit SBA/E-Tran number from your first loan to complete the PPP Second Draw loan application. While CNN has attempted to clean this data, it may still contain errors. If you have an existing PPP loan with a different provider, you can apply for a PPP Second Draw loan through PayPal. Employee totals, which the SBA refers to as “jobs retained,” refers to the number of employees as reported by the borrower and may not necessarily reflect the number of workers kept employed with PPP funds. PayPal intends to help provide access to the additional PPP funding. Data for those and cancelled loans is not included in this database.īecause the SBA released loan amounts in ranges, date, business type, industry, state and county totals represent minimum estimates. Corporate Announcements PayPal is Participating in the Paycheck Protection Program (PPP) New Bill provides for additional PPP funding and more streamlined forgiveness processes. PayPal has built up a robust infrastructure. There’s no reason to think things will be different this time around. Within 24hrs via PayPal I received a loan disclosure document to sign. Dollar amounts represent loan amounts approved by lenders and not necessarily the amount of money disbursed to businesses.įor loans worth less than $150,000, the SBA released anonymized data by state. Check out PayPal to apply for the PPP I applied through chase last week and didn’t hear anything back. This data represents about 13% of the 4.8 million loans and about 73% of the $521 billion approved under the PPP to date. Small Business Administration (SBA) Paycheck Protection Program. LoanBuilder, on the other hand, works more like a traditional business term loan. However, it shouldn’t be confused with PayPal Working Capital, which works like a merchant cash advance. It is essentially interchangeable with PayPal Business Loans. (NASDAQ: PYPL) today announced that the company is now providing access to small business loans through the U.S. LoanBuilder, a PayPal Service, is a small business lending option that provides short-term loans. The data in this database was published by the Small Business Administration (SBA) on Jand includes all approved, active Paycheck Protection Program (PPP) loans worth $150,000 or more. SAN JOSE, Calif., Ap/ PRNewswire / - PayPal Holdings, Inc. Email or, if you need to reach us securely, visit cnn.com/tips. ![]() Do you have information about the Paycheck Protection Program or any of the businesses or loans in this database? We’d like to hear from you. ![]()
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