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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
Why not more? Certainly less costly than debt elsewhere, no payments for a year, and frankly there is a good chance the rest of the money will be forgiven eventually as well, IMHO

Not borrowing what you don’t need is a good path through life my friend. I’m actually afraid the forgiveness process will be tough as hell.

April 19, 2020, 07:08:13 PM
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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
Right, my bad. At 1-5% the banks are making a killing. JPMC’s ROI on this one must be epic.

Back of the envelope figures of 74% of loans under $150K and average loan of $206K yields around $11B in lender fees. On a risk free note as good as a T-Bill. And tradeable tomorrow morning.

Who doesn’t see 2008esque bank bailout in this all over again....?

April 19, 2020, 07:49:12 PM
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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
Not sure if this has been posted before but this grant can be incredibly helpful for many here and has not been spoken about much
https://savesmallbusiness.com/

Good luck getting in

April 20, 2020, 03:03:51 PM
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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
I got $1000 EIDL as a sole proprietor.

Mind sharing details? What date did you apply? What date did you get funded? And why not the $10K?

April 21, 2020, 09:19:50 AM
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Re: Delta to tlv opening May 8 I honestly cant believe this conversation is even happening. It's Dans website and blog, if you don't like it go to hell. He can - and does - write whatever he so chooses too. He can write fake news and too bad. Dan - you don't need to provide any proof you were factually right, you can do as you please.

Honestly, I don't understand why all these students and especially couples ditched the safest place on earth for the most dangerous killing fields of America. Kinda like an American Jew traveling to Poland in 1941.

April 22, 2020, 07:56:44 PM
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Re: Delta to tlv opening May 8
Can you explain that analogy?

Israel deaths - 189
NYC Deaths (ignoring NJ and Upsate) - 10,977

And check out the RIP thread.

April 22, 2020, 08:01:41 PM
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Re: Delta to tlv opening May 8


And I just hope this guy didn't pick it up in the airport and then transmit it to the father.

April 22, 2020, 08:44:46 PM
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Re: EL AL It's really historical. Kenny is committed to making the airline cater to Chareidim on a whole new level. He is very aware of the issues we faced with ELAL up till now and the strategy is to change that. They will revamp Matmid to make it competitive, cater to onflight minyanim, separate seating, families with children, etc. The NYC-TLV & LON-TLV routes will have everything the Chareidi traveler can dream of. There will be a huge blitz in the Chareidi media explaining all this. And there will be a firm commitment to Shabbos. This is a real gamechanger.
September 16, 2020, 03:10:27 PM
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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
This is what banks were/are getting:
In the CARES Act:
A .5% fee on loans below $350,000.00
A .3% fee on loans between $350,001.00 and $2,000,000.00
A 1% fee on loans between $2,000,001.00 and higher

In the Response and Relief Package:
A 50% fee on loans below $50,000.00 (capped at $2,500)
A 5% fee on loans between $50,001.00 and $350,000.00
A 3% fee on loans between $350,001.00 and $2,000,000.00

CRAZY increase.

Where is your link? I'd love for you to make the $2,500 on me after all the Chesed you've done here!!!

January 06, 2021, 02:12:04 PM
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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
I just got my approval from biz2credit!

When did you apply?

Yesterday at 06:44:04 PM
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