Any one doing ppp part 2?

Discussion in 'Ask An Owner Operator' started by 77fib77, Jan 18, 2021.

  1. 77fib77

    77fib77 Road Train Member

    4,600
    15,837
    Jul 7, 2010
    St Louis
    0
    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.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Oscar the KW

    Oscar the KW No Filter

    11,372
    23,322
    May 19, 2011
    0
    Shhh, you’ll upset a few members here.
     
    Midwest Trucker and 77fib77 Thank this.
  4. Cat sdp

    Cat sdp . .

    12,912
    28,291
    Apr 8, 2012
    Orion's Belt
    0
    no......

    Still trying to figure out how to get the first one forgiven.......
     
    blacklabel and Midwest Trucker Thank this.
  5. Midwest Trucker

    Midwest Trucker Road Train Member

    3,334
    8,674
    Aug 31, 2018
    0
    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.
     
    TallJoe and Accidental Trucker Thank this.
  6. Midwest Trucker

    Midwest Trucker Road Train Member

    3,334
    8,674
    Aug 31, 2018
    0
    Same here. Banker keeps saying wait and that the government hasn’t quite figured it out yet. Kinda crazy.
     
    77fib77 and Cat sdp Thank this.
  7. Accidental Trucker

    Accidental Trucker Road Train Member

    2,335
    4,269
    Jun 4, 2015
    0
    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. ;)
     
    TallJoe Thanks this.
  8. Stargell Logistics

    Stargell Logistics Bobtail Member

    1
    2
    Jan 18, 2021
    0
    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.
     
    Kawinige01 and 77fib77 Thank this.
  9. 77fib77

    77fib77 Road Train Member

    4,600
    15,837
    Jul 7, 2010
    St Louis
    0
    The first ppp was like that
     
  10. Healthgeek

    Healthgeek Bobtail Member

    5
    17
    Jan 18, 2021
    0
    Still waiting on mine. Banker is looking at it but so far it seems to only be available in certain areas or to certain groups.
     
  11. Accidental Trucker

    Accidental Trucker Road Train Member

    2,335
    4,269
    Jun 4, 2015
    0
    it's only open to businesses that did not receive PPP1, and to those in "underserved categories". I.e. race based preferences, primarily.
     
    77fib77 Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted