Tear Em Asunder

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SocoRam

Joined: 12/19/11 Posts: 3225
Likes: 1773


Yup, at the bank we've gotten pretty much anyone $ that wants it


At this point. SBA released the 11-page forgiveness application but not the guidelines for it yet, of course.

I fear for many businesses come July-late summer when these funds run out, hopefully things are back open to some capacity, but revenues will still be way down for folks. Expect unemployment to spike when these funds run out. My sisters bio-med company in Denver expects to lay off 2/3rds of their staff in July, not good.

(In response to this post by Rams Hot)

Posted: 05/21/2020 at 4:19PM



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Current Thread:
 
  
As of yesterday, 100B PPP loans still left -- Rams Hot 05/21/2020 4:10PM
  There is more money available today -- Pokebball 05/22/2020 12:25PM
  I downloaded the forgiveness forms the other day. -- le alpe d huez 05/21/2020 4:22PM
  Additional relief is coming -- Pokebball 05/22/2020 12:29PM
  Payroll costs have to be 75% -- le alpe d huez 05/21/2020 4:31PM
  I forgot the local taxes -- le alpe d huez 05/21/2020 5:26PM
  I tried and tried to get an answer and never did on owner draws -- Phi Slamma Ramma 05/21/2020 4:32PM
  I saw owners were called out on their own line..7 i think. -- le alpe d huez 05/21/2020 4:37PM
  Rescheduled for September at the moment -- le alpe d huez 05/21/2020 4:40PM
  What the heck? -- le alpe d huez 05/21/2020 4:14PM

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