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If we currently have a square capital loan -- can we still qualify for a PPP loan?

Does anyone know the above? If we currently have a square capital loan -- can we still qualify for a PPP loan?

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Square Champion

Someone from @Square would have to confirm, but I see no reason a PPP loan wouldn't be available if you have a Square capital loan.  It is possible it couldn't I suppose but then you could qualify thru your bank or other lending institution.  To the government, there wouldn't be an issue as you can have loans while qualifying for PPP.

 

I have not used Square Capital, though have lots of offers, and I did not do either of my business PPP loans thru Square though so there could be other info I don't know.  

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