I heard it passed. Youtube guy said. You need one quarter in 2020 where you made less than the same quarter in 2019, gross. Have you guys heard the same? It's 2.5 months or 10 weeks of wages again.
I believe it’s either 20 or 25% less. But yeah this seems to be a sensitive subject around these parts. lol. I checked and don’t qualify.
Same here. Banker keeps saying wait and that the government hasn’t quite figured it out yet. Kinda crazy.
It's at least 25% reduced revenue in any quarter compared to the previous year. Ours was forgiven a couple of months ago....... not a big fan of waiting and seeing -- that's vulture tactics.
I believe you just need to pay yourself with the funds. Weird but true. You have to make the payment in a certain amount of time also.
it's only open to businesses that did not receive PPP1, and to those in "underserved categories". I.e. race based preferences, primarily.