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Apr 9, 2020
1:36
:38
pm
BYU-Ite
All-American
Rumor is it will be $1,000 per employee, not $10,000, and should be coming next
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
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BYU-Ite
Joined
Jan 9, 2002
Last login
May 9, 2024
Total posts
8,104 (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.
DomCasual
4/9/20 2:09pm
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