The PPP loan amount from loanbuilder for paypal seems wrong
shawninboston
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Posted on
Apr-27-2020
03:37 PM
Got a paypal loan contract to approve-esign for the PPP, the approved loan amount is $9.1K and I cannot approve that as I think its wrong. I submitted proof of 9 employees at $2K for one week and final pay period of Feb, 2020. How can the 2.5X be only $9.1K? something is wrong.
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directhr
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Apr-28-2020
04:32 AM
I agree, I have 8 employees and when I did it with chase it was a lot higher and I was sent the contract via docusign? what does that mean - we are approved?
shawninboston
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Apr-28-2020
04:52 AM
I cannot allow approval. I’m about 1/2 short. Looking for someone to evaluate my file in PayPal.
directhr
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Apr-28-2020
05:03 AM
I have emailed a few times, I called the 800# and I spoke with someone before 9am and they were going to send my message but they said they are backlogged.
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