$10,000 EIDL GRANT

Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.

  1. sealevel

    sealevel Road Train Member

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    I just got my 2400 stimulas check. Was going to send half of it to St. Jude's but after going to the grocery store I had better hold on to it. I think a weekend vacation at a casino would be cheaper.
     
    Rideandrepair and Midwest Trucker Thank this.
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  3. Wespipes

    Wespipes Road Train Member

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    You get the full 10k?
     
  4. Midwest Trucker

    Midwest Trucker Road Train Member

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    Yep
     
  5. Wespipes

    Wespipes Road Train Member

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    Hmm interesting. Maybe they're doing it now since the lawsuits. Was 1k per employee
     
  6. NeverSatisfied

    NeverSatisfied Light Load Member

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    Finally got my loan amount from the SBA for the EIDL and have to say I was impressed with the amount. We'll see.
     
  7. Midwest Trucker

    Midwest Trucker Road Train Member

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    I have more then 10 employees.
     
  8. HopeOverMope

    HopeOverMope Road Train Member

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    Midwest trucker is a BOSS! Seriously. I didn’t know you have more than 10 employees though. I figured you had at least 3-6 trucks on the road maybe an additional staff or two.

    that’s cool that you come and hang with us one truck guys from time to time! I’m sure your probably a busy man!
     
    Midwest Trucker and TallJoe Thank this.
  9. Midwest Trucker

    Midwest Trucker Road Train Member

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    LOL thanks bro! Yeah we have 9 trucks, 1 owner op, 3 office staff, and my wife and I. Have a little brokerage we operate as well 10 to 15 loads per week.

    But I’m not different then any of you/us in the owner op forum. 10 years ago I had 1 truck and trailer too. ;)
     
    Tug Toy, nikmirbre and HopeOverMope Thank this.
  10. Jrry

    Jrry Bobtail Member

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    Jun 4, 2016
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    Good evening everyone. I'm owner operator I applied for the PPP loan with WF. Honestly I didn't think I was gonna qualify for it because I thought it was only for business with employees. Now about couple days I received the approve letter for 41,666 1% interest rate. My question is should I get this loan? I been getting PUA. Not sure if this loan is right for me since I can't have both, but I've been reading that theirs gonna be changes to the guidelines.I also did apply for the EIDL loan but still waiting for portal. I would appreciate your'e thoughts on this. Thank you !
     
  11. Nostalgic

    Nostalgic Road Train Member

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    I applied to everything just to see what stuck to the wall. Pulling PUA for the weeks I waited for the PPP to be approved and funded. Will draw 8 weeks from the PPP and then ??? Still waiting for response on the EIDL, after getting the advance.
     
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