Plenty of money still as far as I know.

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

Jan 21, 2021
2:10:06pm

AFCougK9 All-American

Plenty of money still as far as I know.

Report problem with this ad

AFCougK9

Bio page: AFCougK9
Joined: Sep 22, 2006
Last login: May 1, 2024
Total posts: 7,026 (218 FO)

Report problem with this ad

Messages

Author

Time

Has anyone successfully gotten through the PPP2 loan process?

BYUMizzou

1/21/21 2:07pm

Plenty of money still as far as I know.

AFCougK9

1/21/21 2:10pm

I have not been very close to this round but my understanding is money should last quite a while

Clark Addison

1/21/21 2:11pm

Funding isn't an issue. Many don't qualify because they don't have a 25% drop

Chester Copperpot

1/21/21 2:11pm

Do you have to have the drop in revenue to take a first draw?

wabluecoug

1/21/21 2:12pm

No. You just had to make a good faith certification that your business suffered

BYUMizzou

1/21/21 2:14pm

I had one quarter in 2020 where revenue fell by 25.3% over the previous year, so

BYUMizzou

1/21/21 2:13pm

I got clobbered last year. Surprising to me to hear people that don't qualify.

The Old Y

1/21/21 2:14pm

A lot of small business lost 15-24% - still devastating for small margin cos

Saxa

1/21/21 2:43pm

Good point.

The Old Y

1/21/21 2:45pm

The application process is a lot more involved this round and the money will last

CSoul

1/21/21 2:13pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad