jamie716

jamie716 · ‎Jun-22-2020

Hi @jberrycpa , Please visit www.paypal.com/pppinfo for details on the forgiveness application and process. Thanks, Jamie

jamie716 · ‎Jun-22-2020

HI @tommyoneal , Yes, individuals who are self-employed or independent contractors may apply for the PPP loan. You will need to supply your 2019 1040-C and 1099-MISC. You can read more at: https://www.sba.gov/document/support--how-calculate-ppp-loan-amounts. To apply for the PPP loan through PayPal, please visit www.paypal.com/ppploan. Thanks, Jamie

jamie716 · ‎Jun-22-2020

Hello @Pot2 , The SBA does allow for small businesses to apply for the PPP loan, provided that you claim the profits on taxes (1040-Schedule C). Please visit www.sba.gov/ppp for more information. I also find the 'how to calculate loan amounts' on that page helpful: https://www.sba.gov/document/support--how-calculate-ppp-loan-amounts. To apply for the PPP loan through PayPal, please visit www.paypal.com/ppploan. Following your application, you will be asked to upload supporting documenation. Good luck! Jamie

jamie716 · ‎Jun-18-2020

Hi @mjmelect - Please visit www.paypal.com/pppinfo for information on the PPP forgiveness process.

jamie716 · ‎Jun-18-2020

Hi @courtla17 - please visit www.paypal.com/pppinfo

jamie716 · ‎Jun-18-2020

Hi @Good2Hear - When did you apply? If it has been more than 30 days, you may need to reapply at www.paypal.com/ppploan.

jamie716 · ‎Jun-18-2020

Hi @tb1947 The lender loan number should be on the completed loan agreement you received via DocuSign and can also be viewed in the portal, by logging into my.loanbuilder.com. For more information on forgiveness, please visit www.paypal.com/pppinfo. Best of luck! Jamie

jamie716 · ‎Jun-18-2020

Hi @Maven2050 - Please visit www.paypal.com/pppinfo for more details on PPP loan forgiveness.

jamie716 · ‎May-10-2020

Hi @OliverKody , Yes, you can certainly reapply! Please go to: https://www.loanbuilder.com/ppp-loan-application Usually this error is due to documentation not being uploaded, such as your drivers license, business license, bank statements or payroll verification/tax documentation. At the end of your application, you'll have the opportunity to create a login for the loan builder portal. Please do so and then you can add/upload documentation to https://my.loanbuilder.com/us/login.

jamie716 · ‎May-10-2020

Hi @mojdeh_m , I'm sorry you're experiencing difficulties. I just verified the site is not broken and is able to accept applications. You may find it helpful to clear cache and cookies or try a different browser.

jamie716 · ‎May-10-2020

Hi @str87 , You should be able to download the calculator here: https://www.loanbuilder.com/ppp-loan-application I then suggest you save the calculator to your computer and fill in the information. If you haven't already done so, go ahead and complete the application. You will be able to upload docs at https://my.loanbuilder.com/us/login. Best, Jamie

jamie716 · ‎May-06-2020

Hi @cloudstomper - You should be able to find this by going to www.paypal.com, logging into your account and then clicking on the working capital link or you may try going to www.paypal.com/workingcapital. If you can't find it, please try calling back again. We had some phone issues but those have been resolved now.

jamie716 · ‎May-06-2020

Hi @marigoldey Please try logging into your account at www.paypal.com, then go to www.paypal.com/capital

jamie716 · ‎May-06-2020

Hi @claudia371 , Apologies for the link error. You should now be able to click the link in the email. Otherwise, please log into your account at www.paypal.com/capital and click the link at the top to request payment relief.

jamie716 · ‎May-06-2020

Hi @daveking2 , You would need to fill out two applications, so that you can supply each business' EIN. Please visit www.paypal.com/ppploan. Best of luck! Jamie

jamie716 · ‎May-06-2020

HI @taylerwal , I would suggest visiting www.paypal.com/ppploan and downloading the PPP Calculator. On the second tab is documentation required. You can fill out your 1040-C and submit with your application, even if you've not filed yet. Otherwise, I would suggest supplying your 2018 return along with 2019 payroll processing data or bank statements. Best of luck! Jamie

jamie716 · ‎May-05-2020

This is Jamie from the PayPal Paycheck Protection Program team. We are of this issue and are working on resolving it. We will be providing updates on application status through email shortly.

jamie716 · ‎May-05-2020

Hi @Dismukesk , This is Jamie from the PayPal Paycheck Protection Program team. We are of this issue and are working on resolving it. We will be providing updates on application status through email shortly.

jamie716 · ‎May-05-2020

Hi - If you applied for a PayPal Paycheck Protection Program loan, you can check the status at my.loanbuilder.com

jamie716 · ‎Apr-15-2020

Hi @GigiDebi , I'm sorry to hear of the challenges you are facing. Please try this link: https://my.loanbuilder.com/us/login Best of luck! Jamie

jamie716 · ‎Apr-14-2020

Hi @Avist5004 , Can you please expand on what help you need? For PayPal Working Capital, please visit: https://www.paypal.com/workingcapital/

jamie716 · ‎Apr-14-2020

Hi @nexstar75 , PayPal Working Capital repayments were paused for 30 days due to the coronavirus pandemic affecting many PayPal merchants. Repayments will automatically resume after 30 days. If you would like to reenable your repayments, please contact PayPal Working Capital by phone. Hope this helps! Jamie

jamie716 · ‎Apr-14-2020

Hi @lashrep , Please try this link: https://my.loanbuilder.com/us/login

jamie716 · ‎Apr-08-2020

Hi @Masseysmusic , Yes, this is coronoavirus relief. PayPal is proactively suspending PayPal Working Capital repayments for customers in FEMA declared disaster states for 30 days. Your payments will automatically resume after that 30 days. If you wish to have your repayments turned back on before then, you can contact PayPal Working Capital customer service for assistance. Be well! Jamie

jamie716 · ‎Apr-08-2020

Hi @LRD47 , If you have a PayPal Working Capital business loan, you can request a 30 day payment holiday by logging into your account and clicking on Working Capital. There is a learn more link at the top of the page. Otherwise, please call the PayPal Working Capital team between the hours of 8am-7pm CST. Learn more about working Capital here: https://www.paypal.com/us/workingcapital/ Best of luck, Jamie

jamie716 · ‎Apr-08-2020

Hi @0241Tactical , PayPal Working Capital repayments have been paused for many businesses that reside in states under FEMA declaration. The payment holiday would last 30 days and then payments would be turned back on. If your payments were paused, but you wish to turn them back on, you may contact the PayPal Working Capital team for assistance.

jamie716 · ‎Apr-08-2020

Hi @Flowers-Hope , I'm sorry to hear of this situation. I would suggest that you first attempt to contact the seller to resolve the issue with them. Many times, these things are a simple mistake and can be cleared up. If you are unable to resolve the issue, you can file a dispute for the item not being as described. Please visit the help center here for more information on filing a dispute: https://www.paypal.com/us/smarthelp/article/i-didn't-receive-my-item-or-it's-different-than-described.-should-i-open-a-dispute-faq1344 Best of luck, Jamie

jamie716 · ‎Apr-04-2020

@MooSpyker , I've very sorry to hear of this situation. The economic environment has changed rapidly and signifcantly in these unprecedented times and we have made changes necessary to allow us to continue lending to as many businesses as possible in the current environment. Unfortunately, in some cases, that means loan offers may not be the amounts previously offered.

jamie716 · ‎Apr-03-2020

Hi @JulioWNO , Yes, PayPal is offering a 30 day payment holiday to customers with a PayPal Working Capital advance. Please log into your PayPal Account, click on Working Capital, and then you should see the banner at the top of the screen to request the payment holiday. If you need assistance, please contact us by phone.

jamie716 · ‎Apr-03-2020

Hi @akb21 , PayPal is proactively suspending Working Capital repayments in areas that are declared disaster areas by FEMA. It is very likely that you are in one of these states and the payments were paused for 30 days. You should have received an email regarding this if so. If you would prefer to continue making payments on your loan, please visit the contact us link to call PayPal and they can reenable the repayments for you. Take care! Jamie

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