Just wanted to say, yesterday applied for a PayPal PPP loan -ĤPM - Applied5:15PM - Received Docs, signed and sent.ġ0:30AM - Email saying loan has been funded.ġ2:45PM - Saw bank account, funds have been deposited Common Answers to questions that are being asked: 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. Offers of free services under the pretense of 'building your portfolio' are considered business promotion, and not permitted in posts. Promote your business in the weekly Promote-your-business thread only. Practically all content, small business-related or not.Īllowed are links or quotes in comments and replies that are relevant to and come normally in the course of discussions. Note: You can post own experiences in the new weekly stickied or pinned share-your-experience thread.īlogspam has been defined very early in r/smallbusiness as content that maybe text articles, images, or video. NO business promotion, lead generation, rants, info-tainment, success stories or unsolicited instructional texts, treatise, or how-to's are permitted in posts. You ask a question about starting, owning, and growing a small business and the community answers. R/smallbusiness is a question and answer subreddit. Post only questions about small business.To get flair added to your username, message the moderators. Generally available to businesses with no more than 300 employees that have used the full amount of their first PPP loan and can demonstrate at least a 25 percent reduction in receipts in the first, second, third, or fourth quarter of 2020 relative to the same 2019 quarter.Ĭheck back for updates on funding access through PayPal.This sub is not for advertisements! Questions and answers about starting, owning, and growing a small business. Generally businesses with 500 or fewer employees that have not previously received a PPP loan, can apply to borrow up to 2.5 times average monthly payroll.Ĭheck back for updates on funding access through PayPal. Because funding is being provided on a first come, first served basis, we're encouraging businesses to consider all options available. Some loan providers have begun accepting application information. The new legislation makes the following funding available through the Paycheck Protection Program. *The lender for the Paycheck ProtectionProgram loan through PayPal is WebBank,Member FDIC. PayPal intends to help provide access to this additional PPP loan funding.* We are currently reviewing the Bill and SBA implementation requirement details, and will update this page as more information becomes available. The Covid Relief Bill signed into law Decemprovides an additional $284.5 billion in funding for the Paycheck Protection Program (PPP). I am hoping they begin accepting applications next Tue. I've been checking in at my. daily here is what I find. This sub is not for advertisements! Questions and answers about starting, owning, and growing a small business.
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