Small Business Owners have other options to apply for the Paycheck Protection Program (PPP).
Banks have prioritized application process with existing customers, and many banks are overwhelmed.
There are some new options approved, including Square, PayPal and Intuit (QuickBooks Capital).
The Small Business Administration has now approved non-traditional lenders to participate in this $350 billion program which provides government-backed, low interest, forgivable loans to rescue small businesses crushed by the novel coronavirus' economic impact.
LINK to ABC News article for story.
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Wed, Apr 15, 2020Share Article
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Small business loan program expands with PayPal, Square, Intuit
