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Apr 3, 2020
8:40
:28
am
BYUCLA
Truly Addicted User
Over a million applications were submitted and it is just the SBA handling that
No private banks involved. It will be a while.
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BYUCLA
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jco77
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BYUCLA
Joined
Jul 23, 2012
Last login
Apr 28, 2024
Total posts
5,042 (4 FO)
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Messages
Author
Time
Important info if you're an SBA applying for the Payroll Protection Loan
RockyBalboa
4/3/20 7:38am
🤔 You mean the government is over promising, under performing? You don’t say!
brazilcoug
4/3/20 7:42am
My bank sent e-mail last night at 11 PM saying their portal would not be working
grandpacoug
4/3/20 9:10am
Yeah. No shock. This whole 10K in my account in 3 days? Today is when that's
The Old Y
4/3/20 7:51am
Over a million applications were submitted and it is just the SBA handling that
BYUCLA
4/3/20 8:40am
The 10K Grant is part of the Disaster Loan, not the PPP. Different loan.
RockyBalboa
4/3/20 9:33am
I understand. I'm simply pointing out that none of this is going to happen
The Old Y
4/3/20 9:55am
I was told by SBA I could apply for both loans. My CPA said is better to apply
grandpacoug
4/3/20 10:06am
Only apply for the EIDL if you need it. There isn't really a free $10,000 if
BYUCLA
4/3/20 10:11am
I applied about 10 minutes after it opened. We will see. PPP Loan doesn't work
The Old Y
4/3/20 10:18am
Yeah we are going to take a gamble and wait until we are closer to opening
BYUCLA
4/3/20 10:48am
Thanks. I wasn't as concerned about a $10,000 grant. I own large Apt. buildings
grandpacoug
4/3/20 10:20am
This is my issue too: Length. Do I need an EIDL loan tomorrow? Well, tell me
The Old Y
4/3/20 10:23am
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