Was just coming here to ask about that should I apply for second draw ASAP? Or I’m fine if I wait a few more days?
Depends who you ask.
The banks themselves weren't told by the SBA that funding is low, but some agencies who monitor various set asides (CDFIs, error codes) do believe it can run out in the next 24 hrs.
Others believe a week.
And others believe that the SBA won't exercise the set-asides (it's at their discretion) and it'll last til 5/31 or thereabouts.