My dad got approved through his local bank with round 2 (they weren't taking applications round 1 and he went with a big bank and they never even processed his application).
A couple of questions:
Anyone know what happens if he's not able to open after 8 weeks and needs to lay off everyone again?
Employees over 100K aren't eligible for loan forgiveness - does that mean they are eligible up to 100K of their salary? Or they are not eligible at all? If the latter, what happens if you hire back everyone except those with over 100K salary? Are you still eligible for forgiveness?