$10,000 EIDL GRANT

I helped several of my business clients complete the EIDL application, so that would make sense that the people you know have no clue what is going on. If I called up all the clients I helped fill out the application and asked them if they received any EIDL money, many would probably ask me what the hell I was talking about!!

 

The process was simple. The questions were straightforward and most importantly, unlike PPP application, there was no need to submit any paperwork. The process was 5 minutes tops...the application was submitted.
Maybe that's good. My impression was that quite many were taking it because they saw everybody else do it too Surely, I took it too. PPP I decided not to go for. Somehow, I felt it did not apply to me. I don't have people on payroll and don't have business rents and mortgages but truly the real reason was the more hoops and loops and lack of determination but the EIDL was just as easy as scrapping a lottery ticket.

 

Go to kabbage.com and fill out their simple PPP application. You have to answer some questions, upload a copy of your 2019 Schedule C and a copy of the front and back of your driver's license. After they approve your application, you will be asked to upload a copy of your 2020 February business bank statement or a 2020 invoice to prove you were in business when the pandemic started.

 

Nope, it was on the house!

 

I still haven't gotten the EIDL but I just got approved for the PPP but they totally screwed me on the PPP because I didn't show much profit in 2019. I was a existing LLC since 2017 but in 2019 I pulled my own authority.. I was shut down most of 2019 and didn't go active with my authority until Oct of 2019 but the LLC was still active but I had almost no profits I operated off my savings. So instead of going by the rate that I paid myself the last 6 months they took my 2019 profits and divided it by 12 and that's all they offered me.. I had a #### ton of expenses in 2019 due to starting up the MC ect.. I paid myself out of savings but instead of letting me show the last 6 months of earnings when I've been active they used all those months I wasn't pulling any income into the business...

One leson learned I've always been honest on my taxes.. Never again will I be, I will lie and cheat my ### off like everyone else. This govt has done nothing to help me, but billionaires get free hand outs every time the economy dips..

I looked through the list of companies who were approved for PPP.. There was a dentist in Cali who got $5 million. A car wash in Kentucky $5 million. Multiple hedge funds $5 million.. Some gas station in Cali $5 million.. Now keep in mind the PPP was for payroll protection to keep employees on the books for 2.5 months not "loans to fund companies"..

Meanwhile I couldn't get a meager $3,750 x 2.5.. Seriously screw the US govt I will do everything possible to cheat my taxes from now on.. I still haven't even gotten my $1,2k stimulus check.. I got 883.00.. I guess better than nothing but not better by much...

 

I’ve always been amazed at that fact. Some of the most staunch supporters of ideology, jump at the first chance of benefits. The justification is always the same. Everyone else does it, or I deserve it. Just Me, no one else. Lol. I question their integrity, talk is cheap, and doesn’t pay the bills.