SBA Paycheck Protection Program

Authorized Lender

Paycheck Protection Program (PPP) loans* for earners who use Uber

Kabbage is pleased to help drivers and delivery people who use the Uber platform apply online for SBA Paycheck Protection Program loans.

  • Ready to apply for a PPP loan?

    Make sure you have the right documents and review FAQs before you get started.

    Apply now
  • Want to know your PPP loan application status?

    Log in and visit the SBA Loan tab of your dashboard



    Sign in

Here’s how it works:

  1. Independent contractors are eligible for PPP loans of up to 2.5 times of their average monthly pay during the year preceding the application. Note, Kabbage can only process loans of up to $2 million.

  2. All payments (principal, interest and fees) are deferred for 6 months; however, interest will continue to accrue over this period.

  3. Any amount that is not forgiven will be treated as a two-year loan with a 1% fixed interest rate.

  4. If line 31 on Form 1040 Schedule C is less than $2,400, you won't meet Kabbage's minimum loan size requirement of $500.

What to prepare before you apply for a PPP loan

As an earner who uses Uber, you’ll need to submit these documents to verify your information:
  • 2019 1040 Schedule C
  • Uber-generated 2019 yearly tax summary from your Uber profile page (the version recently updated to include a code on the upper-left corner)
  • 2020 invoice, bank statement or book of record to establish you were operating on 2/15/20
  • Color copy of government-issued ID
  • Your most recent loan statement if you have an Economic Injury Disaster Loan
Things to note:
  • For the fastest review, please submit your files as PDFs.
  • We can’t accept Form 1040 Schedule C from previous years, so be sure to submit a completed version of the 2019 form (even if you haven't filed it).
  • Submitting 1099s does not suffice; we still need to review Form 1040 Schedule C.

What to expect from the application process

  • 1

    Online Application.

    On top of the information we’ll automatically input for you, you’ll share additional info about yourself, including certifications necessary for eligibility.

  • 2

    Documents verified.

    We'll make sure you have all the right documents to verify your information. If we need anything else from you, you’ll be notified by email and on your dashboard.

  • 3

    Application review.

    Once we have all the right documents, we'll review the information you've submitted.

  • 4

    Submitted to the SBA.

    When your application is ready and we've calculated your estimated loan amount, we'll submit your information to the SBA.

  • 5

    SBA response.

    We'll let you know if the SBA approved or declined your PPP loan application.

  • 6

    PPP loan issued.

    If you're approved, you'll be asked to sign loan documents, and your funds will be deposited into the bank account you securely connected during the application.

FAQs

  • Is my business eligible? Sole proprietors, independent contractors and self-employed individuals who regularly carry on any trade or business, including those in the “gig economy" are eligible if your business was operational as of February 15, 2020. Click here to see if your business is not eligible because of SBA requirements and/or Kabbage restrictions.
  • I haven’t filled out a 2019 Form 1040 Schedule C. Do I still need to submit it? Yes. We understand taxes are not due yet, but we need a prepared version of the document to verify your net earnings. Download the form, fill it out and submit it.
  • If I only use Form MISC-1099, do I still need to submit a 2019 Form 1040 Schedule C? Yes. Even if you use Form MISC-1099 to report earnings, you still need to download the 2019 Form 1040 Schedule C, fill it out and submit it as part of your PPP application.

Learn more about the PPP

Review more FAQs for details about applying and using funds.

Review FAQs

Be aware of potential scams

We want to make sure you and your business are protected and get the critical funding you need during this crisis. Review our FAQs for signs of potential SBA fraud, which you can report online or through the Office of Inspector General's hotline at 800-767-0385.