$10,000 EIDL GRANT
Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.
Page 45 of 133
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Many people here want me go down the drain with the new MC number. No offense taken. But I need to do what’s best for my business. We paid our dues working for other people who took advantage of us. So, it is our time to get back on our feet and survive this bleak season.Last edited: Apr 23, 2020
TallJoe Thanks this. -
Wuhan was locked down for 76 days.
America has been partially shut down for 30 ish days.
Not all states and counties are participating.Blackhorse77 and x1Heavy Thank this. -
I've provided links to articles, charts, information from the SBA, my own personal experience, etc.
Either you are not reading and educating yourself on these things, or it's something else.
I don't want to seem rude, however, this thread is really not intended to be one that gets into the haves and have nots. What's fair and what's not fair.
That kind of escalating rhetoric is what caused your other thread to get shut down.
I've already asked (nicely) not to contribute to this one being locked down.
Thank you!Last edited: Apr 23, 2020
Rideandrepair, Tug Toy and Big_D409 Thank this. -
Rideandrepair, larry2903 and Tug Toy Thank this.
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Rideandrepair Thanks this.
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Does anyone know if both owners can apply for these loans? If you know it, then please let me know.
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If you don't mind me asking, what was your business revenue (not profit) from February 1st 2019 through January 31st 2020.
That number is what the SBA EIDL is using to determine the ultimate loan amount.
I highly doubt the SBA is going to give an unsecured or even secured loan of any size, to someone who has a short business track record, combined with a documentable limited revenue source for the previous 12 months.
That's one of the things, including credit score, they are using to determine providing these low interest loans.Rideandrepair and Tug Toy Thank this. -
This year instead of being a subcontractor, we got our own MC number. So, hopefully, they will look at 2018 numbers. -
I am not calling you stupid, it's just there are different kind of people for different kind of work.
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