They're offering 2X of revenue now (not 4X of the original loan) so anyone who took less originally should be able to receive the difference from last time plus the increase.
When does the round two ppp funding need to be distributed by?
2x of current revenue? What happens if it deceased significantly? They’re still looking at 2019 numbers in the 4506-Ts...
Thanks for the tip. Did the same request online now.Can't sign the paperwork yet because when clicking start, it says not authorized.
Targeted eidl submitted a month ago, no answer yet, is this normal?
Got the email today requesting the 1065 and 4506. Submitted them and received acknowledging email. Now have the same button available to me. Previously had Targeted EIDL Advance showing as Error...now says funded.
2X of 2019 revenue.
They offered me $28k originally but opted for 25k because of UCC filing and Insurance requirements. So I should ask for...? 112k? 84k? 87k?
Targeted EIDL Advance funded for the balance of the $10k after showing Error, although they did take off about $170, dont know why.
Is it possible to still get any kind of forgiveable/grant EIDL? Already got PPP 1 and 2, and never applied for any EIDL. Sole proprietorship in a disadvantaged area.
Right, but the original was half of 2019, so now 4x that, no? Are you saying they're no longer reducing COGS?
Targeted EIDL Advance funded for the balance of the $10k after showing Error, although they did take off about $170, dont know why. The email "reminded me" that these funds do not have to be repaid. EIDL Loan increase is a range from $25k to $115.5k I just don't know where they're getting their numbers from. But I'm not complaining.
If we just filed our 2019 return.Are the transcripts available right away? or should I wait so they don't get back that we haven't filed yet.