RETURNING PPP LOAN

[Loangal]

After much stress and heartache we have determined that the PPP loan that we just received will do more harm than good for both us as business owners and for our employees - who are getting paid more to stay on unemployment.  to that end we have decided to close our business and want to return all ppp funds - but I can't find any instructions anywhere on how to do this.  Does anyone have any experience or input?  thanks in advance!

[scarbaby]

would you mind sharing the link to wire the $? I've emailed them as well but have not heard back at all and the deadline is 5/14 

[gimmi80]

I don’t think it’s a great idea to have the bank details here. The reason being that lender for your specific loan might be different and I don’t want o misguide people in wiring money to the wrong account. 
Although I will tell you that I wired them to a bank in CA (Silicon Valle Bank) to the order of Swift Financial (registered address in Delaware).  

[Elarmer9]

Which account did you log into? My PayPal account shows absolutely no information regarding the PPP loan yet (it's now 6/29, and the funds were deposited to my account on 6/23). Thanks for your help!

[Elarmer9]

I was already funded through another bank, and 9 days later, I received funding AGAIN through PayPal (my accountant had recommended that I apply to multiple banks, because my bank (Wells Fargo) had run out of funding). I would simply pay it off, but I've received absolutely NO documentation whatsoever, so I'm not able to. I called Web Bank & Paypal, and neither of them has any option to speak to an actual human. Their automated phone systems direct you to their online FAQ's, and then disconnect. Argh! 

[nr1215]

i am running thru same scenario via paypal, got funded twice, did u find any solution to return the funds? Thanks