$10,000 EIDL GRANT

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

  1. Jrry

    Jrry Bobtail Member

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    I’m confuse about paying my self 75% pay roll and 25% utilities. Not sure what can we use for utilities. I’m not working right now I can’t use it fuel.
     
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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    The misuse of funds for the PPP is going to be staggering.
     
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  4. TallJoe

    TallJoe Road Train Member

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    deleted.
    diesel as utility...as water, gas, electricity, sewage is a little confusing for me.
     
    Last edited: May 19, 2020
  5. Nostalgic

    Nostalgic Road Train Member

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    With pretty much zero guidance, I figure the worst case scenario is paying it back. It's a pretty small amount compared to yearly gross figures so it's not like it's a huge burden..
     
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  6. JonJon78

    JonJon78 Road Train Member

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    I'll be keeping an eye out for the "Collection agency is after me for the PPP funding" thread...

    Its bound to happen.
     
  7. Scooter Jones

    Scooter Jones Road Train Member

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    Well, this thread has remained relatively troll free.

    Until last night I see...
     
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  8. TallJoe

    TallJoe Road Train Member

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    Is it time for EIDL loan proposals yet?
    I am convinced into the hedgeing strategy now. I could use 8Gs.
    I have about 8G to pay off the trailer. 6.99 % vs 3.75 %.
    If they offer I will accept.
    If they don't, I won't say a bad word either.
    They already have given a lot. I think.
     
  9. Scooter Jones

    Scooter Jones Road Train Member

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    It's all a matter of accounting ;-)
     
  10. TallJoe

    TallJoe Road Train Member

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    I pay close attention to what you do or say. You are my loan taking mentor here. :D
     
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