Whoops! ~ my PPP application was rejected because I "did not supply sufficient Payroll Information"

[OliverKody]

It looks like my PPP application was denied because I did not supply sufficient payroll information.    hmmm.  Do I have the opportunity to reapply or update my application with additional information??    How do I fix this?

[sharpiemarker]

@OliverKody 

Can I apply again for PPP through PayPal? Once the loan documents are delivered via DocuSign, the offer and process are final for this application.  Given the high volume of applications and the limited funds allocated by the US Government for the program, applying again through Paypal is not recommended.
 
Can I apply for PPP at another lender? We are not familiar with other lenders’ programs. However, your current PPP loan offer through PayPal will not prevent you from applying somewhere else. Please keep in mind that given the high demand, the limited funds made available by the US Government for the PPP program are expected to be depleted quickly.

https://medium.com/@journey_finance/list-of-fintech-companies-helping-with-sba-ppp-paycheck-protecti...

Can I appeal a declined application?
The decision on your application is final. If you believe you may have been declined because you answered a question incorrectly or did not provide us with the requested supporting documentation, you may choose to reapply for a Paycheck Protection Program through PayPal at www.paypal.com/ppploan.

Its very important to have your tax documentation and your payroll calculation done right so that, as one CPA tax-accountant said,"You don't **bleep** this up!"

[jennE0918]

@jamie716  I am 100% confident I submitted ALL info that was requested on the Portal (1099, Schedule C, Bank Statements, Copy of Drivers License, Completed PPP worksheet, etc) - and I was still denied as having provided insufficient info.

Now - my only option is to go to the back of the line and start all over?  Really - how does that seem fair/efficient?    

[jamie716]

Hi @OliverKody , 

Yes, you can certainly reapply! Please go to: https://www.loanbuilder.com/ppp-loan-application

Usually this error is due to documentation not being uploaded, such as your drivers license, business license, bank statements or payroll verification/tax documentation.  

At the end of your application, you'll have the opportunity to create a login for the loan builder portal. Please do so and then you can add/upload documentation to https://my.loanbuilder.com/us/login.

[kwash2]

what can you upload for a business license