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indianjoe

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About indianjoe

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    Lake forest

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  1. Yep that is what they are I have OCD and never liked the intake snouts on the UMP’s not being symmetrical
  2. The EIDL is the 30 year loan option the 10 k advance is part of it 10 k is forgiven the rest is just a straight loan at 3.75% for 30 years first 12 months no payment even if you do not qualify for the EIDL you can keep the 10 k The PPP is a loan is that can be 100% forgiven if you follow the rules. (75%. / 25 %)
  3. Just an update EIDL got funded today
  4. Bryan I looked it up Applied for EIDL loan April 1st received $10 k April 14 got email to open porthole April 19 th to verify identity approved April 22 nd
  5. I got the 10 k advance from the EIDL last week that I understand even if you opt not to take (or get denied) the 10 k will be forgiven the ppp will be about 2.5 months of payroll that will be forgiven if you do the 75/ 25 % rule (that got funded yesterday) This morning I got approved for the EIDL (much larger amount). ( 30 year loan at 3.75%) all done via email Feel free to PM me if anybody has any questions I might be able to answer over the phone I just got off the phone and yes you can apply for both as long as you do not use them for the same purpose
  6. Just signed documents and funded
  7. Just got an update I have been approved just waiting to sign the documents My initial application was on March 24 (loan number started with a 2) then I had to resubmit the streamlined version that was done on April 1st (loan number starting with a 3) all applications starting with 2 needed to be resubmitted and got no preference in line The most helpful person I found was a gentleman in the Sacramento SBA office not the “My Pillow 800 number” on the SBA website the hardest part is when you apply they do not email the loan number to you you have print it or take a screen shot it is really hard to get info with out that number hope this helps
  8. I have been with farmers and merchants for years (moved form Wells Fargo). They have been more then great
  9. I am not sure but I thought I read that you can not do both so if have received the the advance then it would be subtracted form the disaster loan but I could be wrong it has changed a few times I also heard that the advance is $1000 per employee maxed out at 10

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