Payment Protection Program Loan Intuit / QuickBooks PPP

https://accountinginstruction.info/ As previously announced, Intuit was recently approved as a non-bank SBA-approved lender for the Paycheck Protection Program through our subsidiary, Intuit Financing, Inc, DBA QuickBooks Capital. We are now accepting loan applications from a subset of QuickBooks Online Payroll customers.  At this time, the Small Business Administration has stopped accepting applications for the Paycheck Protection Program loans because the processed loan volume has reached the $349 billion level currently authorized by the CARES Act. We are actively monitoring the situation and hope more funding will become available.

Episode metadata supplied by the publisher feed · Published Apr 22, 2020

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https://accountinginstruction.info/ As previously announced, Intuit was recently approved as a non-bank SBA-approved lender for the Paycheck Protection Program through our subsidiary, Intuit Financing, Inc, DBA QuickBooks Capital. We are now accepting loan applications from a subset of QuickBooks Online Payroll customers. At this time, the Small Business Administration has stopped accepting applications for the Paycheck Protection Program loans because the processed loan volume has reached the $349 billion level currently authorized by the CARES Act. We are actively monitoring the situation and hope more funding will become available.

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Payment Protection Program Loan Intuit / QuickBooks PPP

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This episode was published on April 22, 2020.

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