Do not edit unless asked or you know you made a mistake, otherwise your application will be delayed. Your application info will require another review after you edit it. You can do this if you entered the wrong name, SSN, or had another issue. Now you can login to edit your basic info prior to submission to a lender. We process these requests daily and they are subject to other rules. Please contact your PPP lender for information on. PPP FAST LANE LOGIN Womply is not involved with PPP forgiveness. But now you can cancel an application yourself by first logging in. (PPP) is no longer accepting applications. PPP Fast Lane includes multiple layers of fraud Borrower Action Required - Sign. Our support team can’t accept these requests. PPP FAST LANE LOGIN Womply is not involved with PPP forgiveness. Be sure to follow our instructions regarding DocuSign. This takes 24hrs and can only be done once per day. But if your application is in a status requiring your signature, you may login to request that we resend your document via DocuSign. On February 22, 2021, the Biden-Harris administration announced these important PPP. On March 3, 2021, the SBA issued a new Interim Final Rule and new PPP application form for Schedule C applicants. Our support team can’t accept these requests. This is huge news for many borrowers, who based on the previous rules were unable to borrow enough in forgivable funds to make a real difference. Be sure to upload all of the requested documents. We still recommend connecting instantly, but we are now processing manual bank documents within 24hrs. After your application is submitted in Fast Lane we review all numbers to confirm they’re correct and associated with your SSN. We instantly classify your tax documents to ensure you uploaded the correct form. Only the SBA can fully approve a PPP application. And it’s up to lenders to decide whether your application meets their standards. However, you may spend your PPP funds on any legitimate business expense, and if you are unable to spend at least 60 on payroll costs, you will need to pay back at least a portion of your loan. Womply doesn’t underwrite your loan or move money as part of the PPP program. The PPP loan program was designed to provide forgivable loans in order to encourage businesses to maintain payroll and stay open. Lenders make decisions on each application, submit them to SBA for approval, and fund loans once they’re approved. Whereas with PPP Fast Lane we help sole props, 1099s, and other businesses without employees access the PPP.įor Fast Lane, Womply builds and runs the web interfaces you use and collects/validates/organizes your data. Womply is partnered with SBA-approved PPP lenders on two totally separate programs: Our regular PPP program matches businesses with employees to PPP lenders. We launched Fast Lane because we believe every small business deserves a chance to apply for PPP and because we couldn’t convince lenders to serve this market alone. We’re a technology company that–under normal circumstances–serves small businesses with marketing, CRM, and business analytics tools.
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