There is only basic information so far. They haven't released the full

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Mar 30, 2020
7:13:31pm

CSoul Intervention Needed

guidelines yet or how the forgiveness will actually work. And that is no different for any lender.

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CSoul

Previous username: tsm26
Bio page: CSoul
Joined: Nov 20, 2005
Last login: May 8, 2024
Total posts: 66,698 (13,881 FO)

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Messages

Author

Time

Anyone tried to get the "payroll protection" SBA backed loan yet?

cowbellcoug

3/30/20 7:05pm

I could not see

Richw

3/30/20 7:06pm

This one is through a bank, not sba.gov

Chester Copperpot

3/30/20 7:09pm

Form 941 which i think is your payroll tax report, i was in contact with zions

kolob32

3/30/20 7:07pm

None of the banks know anything yet. I have multiple clients that have called

Chester Copperpot

3/30/20 7:08pm

Zions had information, applications should be ready on the following monday.

kolob32

3/30/20 7:11pm

There is only basic information so far. They haven't released the full

CSoul

3/30/20 7:13pm

The information need is probably going to be close to what the disaster loans

Chester Copperpot

3/30/20 7:14pm

And I really hope they set some criteria for who gets these. Right now it just

Chester Copperpot

3/30/20 7:12pm

Yes. The free money.

shammy

3/30/20 7:31pm

Well, they will pay for it anyway. Might as well claim so of it as their own.

Superman21

3/30/20 8:38pm

Haven't been affected yet, still waiting to see how this shakes out.

bd52

3/30/20 7:40pm

We have been in contact with our banker preparing for when it’s available.

Gerald-DeGroot

3/30/20 7:17pm

I applied for EIDL, Econ Injury Disaster Loan. Not difficult.

hitechcpa

3/30/20 7:20pm

Talk with your banker and get on their list. Should have more info later this wk

ebv

3/30/20 7:29pm

Bankers suck

TXJason

3/30/20 7:38pm

Until you need money.

Superman21

3/30/20 8:39pm

We were told we need our payroll report from Feb 15, 2019-June 30, 2019. They

Tonto

3/30/20 7:38pm

This information sheet seems to contradict that information a bit.

Superman21

3/30/20 8:45pm

Best to go with a bank you already have a relationship with. Our company

Cougsanity

3/30/20 10:12pm

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