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Pokebball

Joined: 10/7/14 Posts: 5555
Likes: 817


Additional relief is coming


I heard in a webcast yesterday that additional PPP relief was probably coming and it was no longer a question of "if" but rather "when".

A couple of thoughts expressed by the presenters was a longer period than the current 8 weeks and some changing of the 75% for payroll requirement.

I think it's important to wait until we know this. One of my clients was funded on 4/15 so their 8 week period ends in about two weeks. It better come soon.

(In response to this post by SocoRam)

Posted: 05/22/2020 at 12:29PM



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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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