Fintech firm Kabbage is providing eligible small companies Paycheck Protection Program loans as much as $P million

Posted On Jul 9, 2020 By admin With Comments Off

kabbage protection program 4x3 Alyssa Powell/ Business Insider

Fintech busines Kabbage has been associated with a bank that is an SB-Aapproved lender to provide automated Paycheck Protection Program( PPP) credits to small businesses. You don’t have to be an existing Kabbage patron to apply, which builds Kabbage a resource if you’re struggling to be approved for a PPP loan by your bank. Even though small businesses can receive PPP loans of up to $ 10 million, Kabbage is only processing credits of up to$ 2 million. When you apply online, Kabbage will tell you whether your business is eligible for a PPP loan and how much you can receive. Click now to apply for federal succour through the Paycheck Protection Program >>

Kabbage is a monetary technology firm that affords small businesses and shoppers with automated credits. The corporation has shifted its focus to Personal Paycheck Protection( PPP) credits to help small businesses that are struggling amid the coronavirus outbreak.

July 2, 2020 revise: Previously, the deadline to apply for a PPP loan was at 11:59 p.m. ET on June 30. On July 1, the House of Representatives extended a greenback to extend the deadline to August 8. The expansion will become official if President Trump signalings the bill.See the rest of the floor at Business Insider

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