?? for Tom or Anyone Who's Done PPP 1st Draw

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  • Reimel61
    Daycare.com Member
    • Oct 2012
    • 66
    #1

    ?? for Tom or Anyone Who's Done PPP 1st Draw

    Filled out my PPP first draw. It came back with an error. They are asking for an TIN number???? What is this and how do I get one. All I have is an EIN number.

    Thanks
    Tags: ein, tax advice, tin
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    • Cat Herder
      Advanced Daycare.com Member
      • Dec 2010
      • 13744
      #2
      TIN Questions - Daycare Forum
      https://www.daycare.com/forum/showthread.php?t=32262
      I am a license daycare home owner, well co-owner with my mom. When we filled out our licensing paperwork we had to fill out a W-9, which had something to do with a Tax ID Number, but I'm not sure if that got us a TIN or not. We didn't have a name for the daycare yet, so I just put my name and social security number on it.


      He answered a similar question in the above thread.
      - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.
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        • Reimel61
          Daycare.com Member
          • Oct 2012
          • 66
          #3
          Thank you. I'm still having issues. I'm applying through my local bank and they are allowing me to use my checking account I already have setup for DC that is not "officially" a business checking account. I have waited on hold for over an hour. Now they are trying to tell me I need to apply as a sole proprietor instead of self-employed. When I do that the online application won't let me Save and Continue to the next page. Long story short I was told I need to call back tomorrow when the Business Banking Sales department is open. I was on the phone from 4:15 to 6:20 with no progress. I didn't think it was suppose to be this hard.
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            • TomCopeland
              Business Author/Trainer
              • Jun 2010
              • 3062
              #4
              Ppp

              Originally posted by Reimel61
              Thank you. I'm still having issues. I'm applying through my local bank and they are allowing me to use my checking account I already have setup for DC that is not "officially" a business checking account. I have waited on hold for over an hour. Now they are trying to tell me I need to apply as a sole proprietor instead of self-employed. When I do that the online application won't let me Save and Continue to the next page. Long story short I was told I need to call back tomorrow when the Business Banking Sales department is open. I was on the phone from 4:15 to 6:20 with no progress. I didn't think it was suppose to be this hard.
              It's not supposed to be that hard. I'd recommend going online and apply for the PPP through Paypal or another online lender.
              http://www.tomcopelandblog.com
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                • Reimel61
                  Daycare.com Member
                  • Oct 2012
                  • 66
                  #5
                  It helps to have someone who knows a little more. I was finally put in contact with someone a little higher up and it was a minor fix and not all the other stuff the first level agents were telling me. Just got a call today and signed my loan. The whole process took a week. Thank you Tom for all your help.
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