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Old 04-01-2020, 03:04 PM   #242
O.city O.city is offline
In Search of a Life
 
Join Date: Jul 2009
Quote:
Originally Posted by mililo4cpa View Post
the banks are responsible for "underwriting" the PPP Loan (I use "underwriting" loosely, because they are ....I would think that they would be able to verify the existence of the business prior to the date requirement.

This is unchartered waters for me, and probably one of those details that nobody really thought about in the heat of the moment.

I would hope common sense and logic would dictate that those people were employed before, and you're trying to keep them employed during and afterwards....

If I can find an answer for you, I'll post....
Thanks man I appreciate it
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