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How do I enter a net loss on the PPP application

How do I enter a net loss amount on the PPP application?

 

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Alumni

@saultman

 

Are you asking where to enter net loss on the application or how to calculate it? 

Justin
Community Moderator, Square
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@JustinC  how to enter it.  On the app it isnt allowing me to enter a net loss.  So I am wondering if we have a net loss, can we not apply for PPP?

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Alumni

Gotcha. I double checked my resources and found out that you won't be able to apply unless you have a net profit. Sorry about that. 

 

@saultman

Justin
Community Moderator, Square
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when we apply they didnt ask for any of this ?????//

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@JustinC. Thank you so much for answering.  I thought that might be the case.

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Admin

Hey @AMPM!

 

Justin is a Square employee, and a Seller Community moderator. 

️ Isabelle | she/her
Seller Community & Super Seller Program Manager | Square, Inc.
Learn about the Super Seller program!
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@Justin    What resources did you see this information ? Are you a member of the community or are you part of Square? 

Thank you

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