The SBA is holding a Zoom conference in 15 minutes and I expect it to... not go smoothly.

"Peter Fehnel, NY District’s Supervisory Economic Development Specialist for the US Small Business Administration, presenting programs available for small businesses, where to find info, and how to apply. He will take questions from the audience following his presentation."

I bet I can guess what the first and last question will be.

cool cool cool

lol

Ok, so sole proprietors are totally fucked

due to high interest in being employed.... oops we fucked up

"there are other lenders" FML

Who are the SBA lenders here in Brooklyn NY ???????????????
https://www.brooklynchamber.com/wp-content/uploads/2020/04/SBA-Approved-Lenders-NY2.pdf

"You can't have our precious information"

Q: What should a business do if they were denied PPP with no reasoning?
A: Without knowing more about the business I cant give guidance.

...ok

OH MY GOD
The moderator asked for the ATTENDEES to **let the SBA know*** IF THEY received the EIDL grant, and how long it took.
ARE YOU FUCKING KIDDING ME.

75% payroll usage for PPP, cannot also be eligible for EIDL percentages, and forgivable total will be rolled into the PPP loan.

End dates for this programs. 8 weeks of payroll expenses, June 30. 2-3 weeks for funds to dispense.

Q: What if non essential business has *been* closed and re-opens in June?
A: Yes, that is a problem.

WOWWW

stuff

more stuff

RE Sole-proprietorship @kellehhh