$10,000 EIDL GRANT

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

  1. Scooter Jones

    Scooter Jones Road Train Member

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    In addition, you must of saved a copy of your original SBA PPP loan application. It's form 2438.

    Do you have that on file?

    Here's the top portion of that application. SBA Application.JPG
     
    Last edited: May 19, 2020
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  3. Scooter Jones

    Scooter Jones Road Train Member

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    Then I'd say that's more than a mistake LOL

    Certainly you must of called Wells Fargo and asked them about it? When do you receive that notification from them?
     
  4. JonJon78

    JonJon78 Road Train Member

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    Nostalgic and snowwy Thank this.
  5. Midwest Trucker

    Midwest Trucker Road Train Member

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    whoopNride Thanks this.
  6. Scooter Jones

    Scooter Jones Road Train Member

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    IRS 4506T is a tax release form that most businesses, or individuals, have to sign when any loan is made, especially a business loan. That release allows the lender to request tax returns for verification of what is put on a loan. I can assure anyone reading here, the SBA, as an extension of the Federal Government, has access to your tax returns.
     
  7. snowwy

    snowwy Road Train Member

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    Hard to say with the govt trying to help the world as fast as possible.

    I'm sure corners are being cut everywhere.
     
    JonJon78 Thanks this.
  8. sealevel

    sealevel Road Train Member

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    My next door neighbor has a half million dollar waterfront house. He is some kind of DC lobbyist who organizes conventions. I asked him how business was and he told me he was busier than ever but took a PPP loan and only had to furlow a few employees. Over the past month or so I have watched him rebuild his dock, put a small addition on his house, and had a organic lawn care service turn his yard into a golf course. Suspicious indeed. Here I sit wringing my hands staring at his grass. Never seen a man who needed gov. help spend money so fast.
     
  9. Scooter Jones

    Scooter Jones Road Train Member

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    You sound jealous :D
     
    Rideandrepair and sealevel Thank this.
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