Just received my second SBA PPP Loan. The first has been submitted to SBA for forgiveness. I'm happy to receive my 0.00000125% of the covid relief. I've been able to retain my 4 employees at their full salaries.
Follow the lead from Congress. Give yourself a raise. Enough to meet the 75% threshold.
I still haven't heard anything on mine. I'm now using my credit line to pay bills and meet payroll. Work is slow. Only did two small jobs last week.
I applied online through my bank earlier today. I'll let you know how it progresses. I'd like to be able to keep paying everyone, even though I have no work scheduled right now. We did our last job on Wednesday. Now we're working through past bids to try and drum up something to do next week.
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