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Old 04-22-2020, 09:17 AM
 
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I was advised yesterday by our SBDC office to apply at other lenders for the PPP. If by chance you actually get approved at both places, just accept one.
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Old 04-22-2020, 09:38 AM
 
Location: St Louis Metro
152 posts, read 197,843 times
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Originally Posted by TimAZ View Post
The Senate just passed a new bill that adds $322B to the PPP and EIDL loan programs. Will any of it make its way to the bank accounts of small businesses?
I was funded on Monday from the initial PPP loans. I have a 8 employees my loan was well south of 100K total for the 8 weeks.
So i think I qualify as a small business. Hopefully more of the smaller guys are able to take advantage this round.
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Old 04-22-2020, 12:13 PM
 
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Originally Posted by kaliman91 View Post
I was funded on Monday from the initial PPP loans. I have a 8 employees my loan was well south of 100K total for the 8 weeks.
So i think I qualify as a small business. Hopefully more of the smaller guys are able to take advantage this round.
Congrats and thanks for updating us.
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Old 04-22-2020, 12:39 PM
 
Location: St Louis Metro
152 posts, read 197,843 times
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Originally Posted by KaraG View Post
Congrats and thanks for updating us.

Good luck to you. I would definitely try and use a small local bank if possible. I used a bank I had zero affiliation with as my own bank was dragging their feet getting the okay to start the program.
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