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since ‎Mar-26-2020
jamie716

jamie716

PayPal Employee
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Latest Contributions by jamie716
  • Topics jamie716 has Participated In
  • Latest Contributions by jamie716

Re: entering tax id # for small biz loan

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Jan-28-2021 04:09 PM
‎Jan-28-2021 04:09 PM
Hi @aprilbeads13 ,    I'm sorry you're experiencing difficulty. Can you please clarify what type of small biz loan you're trying to apply for?    If it is a PPP loan, please visit www.paypal.com/ppploan to get started.   Best regards,  Jamie ... View more

Re: PPP Loan Forgiveness Application Available Jun...

by PayPal Employee jamie716 in My Account Archives
‎Dec-02-2020 04:28 PM
‎Dec-02-2020 04:28 PM
Hi @ginaceragioli ,    Please visit paypal.com/pppinfo to get started with PPP Loan Forgiveness.   Regards,  Jamie ... View more

Re: PPP Loan Forgiveness Application Available Jun...

by PayPal Employee jamie716 in My Account Archives
‎Jun-22-2020 07:54 AM
‎Jun-22-2020 07:54 AM
Hi @jberrycpa ,    Please visit www.paypal.com/pppinfo for details on the forgiveness application and process.   Thanks,  Jamie ... View more

Re: single self employed or single contractor

by PayPal Employee jamie716 in PayPal Basics Archives
‎Jun-22-2020 07:50 AM
‎Jun-22-2020 07:50 AM
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 ... View more

Re: PPP Loan for Business with No Payroll?

by PayPal Employee jamie716 in Products and Services Archives
‎Jun-22-2020 07:48 AM
‎Jun-22-2020 07:48 AM
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 ... View more

Re: Payroll Protection Program (forgiveness)

by PayPal Employee jamie716 in General Discussions
‎Jun-18-2020 07:33 AM
‎Jun-18-2020 07:33 AM
Hi @mjmelect - Please visit www.paypal.com/pppinfo for information on the PPP forgiveness process.  ... View more

Re: PPP Paypal Loan Forgiveness

by PayPal Employee jamie716 in Products & Services
‎Jun-18-2020 07:29 AM
‎Jun-18-2020 07:29 AM
Hi @courtla17  - please visit www.paypal.com/pppinfo  ... View more

Re: PPP Loan status

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Jun-18-2020 07:25 AM
‎Jun-18-2020 07:25 AM
Hi @Good2Hear  - When did you apply? If it has been more than 30 days, you may need to reapply at www.paypal.com/ppploan.  ... View more

Re: WebBank Loan number for PPP loan forgiveness.....

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Jun-18-2020 07:12 AM
1 Kudo
‎Jun-18-2020 07:12 AM
1 Kudo
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 ... View more

Re: PPP Forgiveness Request

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Jun-18-2020 07:09 AM
‎Jun-18-2020 07:09 AM
Hi @Maven2050 - Please visit www.paypal.com/pppinfo for more details on PPP loan forgiveness.  ... View more

Re: Whoops! ~ my PPP application was rejected beca...

by PayPal Employee jamie716 in Products and Services Archives
‎May-10-2020 06:32 AM
‎May-10-2020 06:32 AM
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. ... View more

Re: PPP Loan site broken?

by PayPal Employee jamie716 in PayPal Basics Archives
‎May-10-2020 06:29 AM
‎May-10-2020 06:29 AM
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. ... View more

Re: PPP help

by PayPal Employee jamie716 in PayPal Basics Archives
‎May-10-2020 06:27 AM
‎May-10-2020 06:27 AM
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 ... View more

Re: Where can I find the updated amoutn I owe in t...

by PayPal Employee jamie716 in My Account Archives
‎May-06-2020 08:48 PM
‎May-06-2020 08:48 PM
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.   ... View more

Re: "Apply for a new Working Capital loan" no long...

by PayPal Employee jamie716 in Products & Services
‎May-06-2020 08:47 PM
‎May-06-2020 08:47 PM
Hi @marigoldey Please try logging into your account at www.paypal.com, then go to www.paypal.com/capital  ... View more

Re: PayPal Working Capital, to request additional ...

by PayPal Employee jamie716 in PayPal Credit Archives
‎May-06-2020 08:43 PM
‎May-06-2020 08:43 PM
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.     ... View more

Re: Two businesses, do I need to fill out TWO appl...

by PayPal Employee jamie716 in PayPal Basics Archives
‎May-06-2020 05:09 PM
‎May-06-2020 05:09 PM
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 ... View more

Re: Paycheck Protection Application - Application ...

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎May-06-2020 05:04 PM
‎May-06-2020 05:04 PM
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 ... View more

Re: Another provider has already secured a PPP loa...

by PayPal Employee jamie716 in PayPal Basics Archives
‎May-05-2020 12:41 PM
2 Kudos
‎May-05-2020 12:41 PM
2 Kudos
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. ... View more

Re: PPP Loan

by PayPal Employee jamie716 in PayPal Basics Archives
‎May-05-2020 12:36 PM
‎May-05-2020 12:36 PM
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. ... View more

Re: how to check ppp loan status

by PayPal Employee jamie716 in PayPal Basics Archives
‎May-05-2020 12:28 PM
‎May-05-2020 12:28 PM
Hi - If you applied for a PayPal Paycheck Protection Program loan, you can check the status at my.loanbuilder.com ... View more

Re: Paycheck Protection Program Loan - LOGIN to up...

by PayPal Employee jamie716 in Products & Services
‎Apr-15-2020 10:27 AM
1 Kudo
‎Apr-15-2020 10:27 AM
1 Kudo
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 ... View more

Re: Working capital

by PayPal Employee jamie716 in Business Tools Archives
‎Apr-14-2020 03:15 PM
‎Apr-14-2020 03:15 PM
Hi @Avist5004 ,    Can you please expand on what help you need?  For PayPal Working Capital, please visit: https://www.paypal.com/workingcapital/ ... View more

Re: Money

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-14-2020 03:08 PM
1 Kudo
‎Apr-14-2020 03:08 PM
1 Kudo
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 ... View more

Re: PPP Portal

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-14-2020 02:54 PM
1 Kudo
‎Apr-14-2020 02:54 PM
1 Kudo
Hi @lashrep ,    Please try this link: https://my.loanbuilder.com/us/login     ... View more

Re: Payments to working capital

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-08-2020 11:44 AM
‎Apr-08-2020 11:44 AM
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 ... View more

Re: Paypal Working Capital

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-08-2020 11:40 AM
‎Apr-08-2020 11:40 AM
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 ... View more

Re: Working Capital Repayments

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-08-2020 11:36 AM
‎Apr-08-2020 11:36 AM
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.       ... View more

Re: Shenzhen Sumewey IAT

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-08-2020 11:34 AM
‎Apr-08-2020 11:34 AM
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 ... View more

Re: Business Capital Loan might have just put me o...

by PayPal Employee jamie716 in Merchant Products and Services Archives
‎Apr-04-2020 10:45 AM
‎Apr-04-2020 10:45 AM
@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.         ... View more
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