Paychex (including SurePayroll, Oasis, and Advanced partners)
If you use Paychex Flex, the new report will be available within the Quick Reports section of your dashboard. Access the Report (please ensure that you run version 3 of the report)
If you are a non-online customer, Paychex is proactively running reports and distributing them. If you haven’t received a report yet, please complete this form to be put in touch with a Service Specialist who can assist.
You can access the Paycheck Protection Program (PPP) report through the COVID-19 and REPORTS tab of your Gusto account
If you are a Payroll customer, sign in to check if reporting is available in your product. Availability may vary. Soon, additional customers may be able to apply for a Paycheck Protection Program loan within QuickBooks Capital.
Log into your account and go to the WFA gateway and then Community Share section. From there you can select the PPP: Cares Act: Business Loan – Average Payroll Cost report. Update the report for your company ID and run the report.
PPP Loan Application Processing Timeline
Timelines are subject to change
Submit Application, including all lender required documentation
Approximately 2-3 hours
SBA & Lender Underwriting Review
Anticipated timeline of 1 week
Approval and SBA E-Tran Loan Number Assignment
Anticipated timeline of 1-3 days
Disbursement of Funds
Within 5 days of approval
What to Do if Your PPP Loan Application was declined
If you are declined for a PPP loan, or your approval amount was less than what you had anticipated, there are other options available for funding through the SBA, state and local programs, and third-party lender relief programs. These options will not interfere with approval amounts and future approvals of a PPP loan and can be used to fill gaps in your COVID-19 related financing needs.
SBA 7(b) Economic Injury Disaster Loan Program EIDL