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Asking for $25K each to keep under the collateral threshold. We have 4 applications to submit. GREAT! :( |
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So is this the 25k that is forgiven? |
is it better to apply directly through the SBA or your local bank after this bill passes?
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However, several talking heads have stated they expect the loans to be forgiven. The problem is then the student loan forgiveness issue is raised. |
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Either way it's low interest, and if it's forgiven that's gravy. |
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You have to fall within a declared disaster area for EIDL. They might declare the entire US as a disaster area.
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but during the presser yesterday they specifically said to go to your local bank and they should be able to service and pay out most loans in the same day by the end of next week or the beginning of the week after |
Still paying employees. We will see how this shakes out with the money.Hoping we can get back to work sooner rather than later. We can do a lot from home.
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I didn't know they have declared disaster areas already. |
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