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tlo74
02-04-2021
03:22 PM
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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1 REPLY 1
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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