How to complete PPP application with unknown EIDL status?

Aloha. I'm trying to fill out the PPP application and it asks if you have received loan from the SBA. If you say yes it asks for amount. I have received an advance but haven't had any contact from them on my loan status. I called today and they said was another week and I should hear from someone but I don't want to wait too long and have the PPP run out of funding. 

 

Should I say no I haven't applied or received a loan from the SBA or should I say yes then guess the loan amount or put in 1000? It looks like the amount of loan offered raises if I put in an amount for the loan received vs saying no loan. 

 

Thanks for your help guys. Tried calling square and they aren't available today.

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Aloha @SeaWolf!

 

I can't really offer advice on what you should put when filling out the application. But here's what I know:

 

Businesses that have applied or been approved for an Economic Injury Disaster Loan (EIDL) between Ja...

 

Hopefully you hear back from one of our team members soon who has some more knowledge about the topic.

 

Thanks for writing in!

nika
Beta Community Manager, Square
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