Hello,
I just wanted to share my experience so far. A little background I have been using Square since April 2018 for my child care business. I do not have any employees currently. I have used payroll previously but not continuously to pay my 1099 contractors. So I hope this helps.
5/5 11:26PM- PPP application received
5/5 11:58PM-PPP loan application has been verified by Square Capital
5/6 12:10AM- PPP loan has been approved by the SBA (Funds will be deposited in the next 1-10 calendar day)
Surprisingly the process was fairly quick. Not sure how long it will take to deposit funds but I applied with Kabbage and I keep having to send more verification document. Good luck everyone. Stay uplifted during these unsure time. God Bless!
Appleseed Preschool/ Phillips Family Child Care
