$10,000 EIDL GRANT
Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.
Page 61 of 133
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75% of my loan will be used for payroll before I turn in truck. It’s all under control
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For instance, not using the whole amount in a couple weeks as payroll draws, then closing up shop and going on the payroll of another company.
You probably already do realize that thoughLinte_Loco Thanks this. -
But I’m still a sole proprietor My business consulting relating to my current work is just not doing well someone is only offering 10% of what I should make -
Never knowing the future I also put 15k from savings into a 2 year CD. I’ll make 6k off it. If I gotta pay them back, it’s all good
God bless America -
Everyone just wants to go back to work and let the chips fall where they will. Hopefully, money provided through the PPP and other options are a just a temporary lifeline which can help businesses & individuals stay afloat (short-term) until things turn around.
I remember back in 2008 when the housing & banking market crashed. As a builder/developer, I was washed downstream in that horrible downturn. The financial, emotional and psychological repercussions were devastating on my family.
I almost lost everything, including my marriage...
The shame and embarrassment I felt was palpable, when several months after the collapse, I went down to the local welfare assistance office and asked for some food/grocery help. I looked at all the ppl in line and thought to myself, I don't belong here.
I swallowed my pride, realized that I had contributed to the social lifeline for years and years through payment of my taxes, employing folks, sub-contractors, etc, and that I just needed a hand up, not a hand out. I walked out of there with enough assistance for a month. followed by a couple of more months of help, until I could get back on my feet.
It was a good feeling when after the third month of help, I contacted the woman who was working with me and told her to remove us from any more assistance. -
Wonder how those tent cities were feeling in 08.
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Well folks who seem to think they can "outsmart" the loan officer and bilk the bank out of thousands of dollars with these loans are going to be in for a rude awakening IMO...
Good luck.BoostedTeg and Midwest Trucker Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 61 of 133