Any one doing ppp part 2?

You have to have a loss in a quarter, which I didn't, so we're not doing round two. I got my round one forgiveness on 12/5. It wasn't too hard, I sent in their requested records on my payroll, rent and utility costs and my bank approved it in 24 hrs, the SBA approved it four days later. The amount I took in round one was basically the equivalent of what I paid in taxes last year, and only 8% of the taxes I paid in the last decade so I don't have too much heartburn about accepting the money. First handout I've ever taken from the gov't and likely my last.

 

All the corps are doing it, I don't feel bad about using it , if I can get it. As in we are not powerful like major corps are.

 

My dopey bank continues to say wait until the government gets it together to apply for forgiveness on the first one ........

I’m passing on #2