Rumor is it will be $1,000 per employee, not $10,000, and should be coming next

Apr 9, 2020
1:36:38pm

BYU-Ite All-American

week. That is according to a Massachusetts SBA Bullletin that was sent out earlier this week, but has since been deleted. Take that for what it is worth.

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BYU-Ite

Bio page: BYU-Ite
Joined: Jan 9, 2002
Last login: Apr 27, 2024
Total posts: 8,097 (17 FO)

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Messages

Author

Time

Has anyone seen the $10,000 EIDL funding?

DomCasual

4/9/20 1:14pm

We were told this morning that the 10K grant only goes to the first million

1984coug

4/9/20 1:17pm

I applied early last week, haven't heard a word.

CougarHut

4/9/20 1:17pm

as did I.. i reached out to a funding company for more info

1984coug

4/9/20 1:20pm

really? I had not heard that.

run26

4/9/20 1:20pm

I was just told this morning... i can seek clarification

1984coug

4/9/20 1:21pm

There was only $10B in the fund. That’s how the math works.

Superman21

4/9/20 1:23pm

oh i see. that's prob right

run26

4/9/20 1:26pm

I applied right when they released the online application. Have heard nothing

jes2332

4/9/20 1:30pm

Same here

wabluecoug

4/9/20 1:38pm

Haven’t heard a single word. Just put every important piece of personal

blackandblue

4/9/20 1:29pm

Same

kotacoug

4/9/20 1:54pm

Rumor is it will be $1,000 per employee, not $10,000, and should be coming next

BYU-Ite

4/9/20 1:36pm

I dint remember if even asking how many employees I have.

blackandblue

4/9/20 1:43pm

It didn't.

BYU-Ite

4/9/20 1:48pm

That's what I was thinking. It basically asked very little.

DomCasual

4/9/20 1:49pm

asked me total revenue and COGS

1984coug

4/9/20 1:55pm

With zero verification or documentation. The whole process seemed way too easy.

blackandblue

4/9/20 1:59pm

yup... skeptical

1984coug

4/9/20 2:24pm

It did. Definitely remember the streamlined online application asking #

jes2332

4/9/20 1:55pm

I honestly don't think so.

DomCasual

4/9/20 2:08pm

that's another reason this has been so frustrating, everything keeps changing

jes2332

4/9/20 4:10pm

And you're right - nobody knows. Including, apparently, the SBA.

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