Nonbanks for PPP loans

Technical topics regarding tax preparation.
#1
Kris S  
Posts:
114
Joined:
18-Mar-2020 11:11pm
Location:
Southern California
Another day where I read that some businesses are not able to get the PPP loans. I wonder if they are still working with their bank. I found that most clients were successful at the nonbank companies online after trying with their bank for weeks.

I personally know people who were successful with Kabbage and Square with much less paperwork than the banks wanted. I don’t know if there will be PPP funds for much longer but you can try. Or if now these companies are swamped applications.

The following link is an article with a list of nonbank lenders:

https://www.forbes.com/sites/advisor/20 ... 1adf4a38eb
 

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