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Old 04-08-2020, 03:49 PM   #394
Trivers Trivers is offline
Always ask 'Why?"
 
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
Quote:
Originally Posted by chiefforlife View Post
So, I applied for the EIDL today and there wasnt anywhere to ask for an amount?

There was a box to check if you are interested in the quick 10K but thats it.

Does anyone know if they use a formula to determine how much you qualify for or maybe they ask you later how much you want?
They do have formula they use once they receive the next round of data they will request. The 10K is seperate from those calculation.

No one has stated what "up to 10K" means. Some talk on the street is that you get $1K for every employee stated in your initial app. Hope that is wrong.
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