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This hasn't been enacted into law yet but almost surely will. Huge news for those of us with PPP loans. Sorry for the crappy formatting. Sorry for the crappy formatting.

Negative. I read last night that they're trying to pass a bill that would extend the 8 week forgiveness period as well as expand the forgivable categories. Anyone know anything about that?

I am doing the exact same. As I've mentioned, I got my PPP loan through a small credit union I became a new member of. I left that money in that account and moved all of the qualified expenses under the Act to pull from there directly. I don't plan on having anything else come out of there if I...

Great to hear! My next task is digging into the details of how we get this all/as much as possible converted to a grant.

LOL yes, my bad. :oops:

I received my PPP funding today. As frustrating as the process was, I am blown away to see that money sitting in my account. Truly remarkable. I am both humbled by it and **** proud to be an American! I read this morning that only $175T of the $300T from the second round has been allocated...

Congrats! Wonderful news.

Just got this email. It was a mass email as I don't know the sender. Anyways, figured I'd post it here

Just this moment received word that the SBA has approved my PPP loan. This was through the small local credit union (121 Financial) I applied with last Thursday. Yep, applied 4/23 and am approved 4/28. I applied to BOA on 4/6 and still haven't heard a **** thing. Granted, some of that early...

I will come flesh my PPP journey out with more detail later, but just wanted to quickly say I have made more progress with a small local credit union (121 Financial) in the past 48 hours than I had with BOA in almost 3 weeks. I'm still not approved, but I am more optimistic right now that I...

Yep, I am growing convinced I will not be getting PPP either, at least not in this first wave. My payroll is much smaller than many. I received an email today from BOA saying further documentation needed. It was me confirming that my cell # is correct on my online banking profile. Wtf! Granted...

Thank you.

Awesome! Mind if I ask what bank that came from? or if not comfortable saying... is it a big one, local credit union, etc?

Well well well... I went reading online to see what other experiences people were having with BOA. A lot of people had new documentation posted onto the 3rd party portal that needed filling out, but didn't receive any notification about that. Turns out, I'm in that boat. There is a loan...

Agree. I think it's an absolutely brilliant program in its design. But the procedure re actually getting funds into the hands of those who urgently need it is proving to be a disaster. Many businesses cannot make it two more weeks without funding. Literally.

My path was confusing and frustrating... The only entity I could find taking apps at midnight that first Thursday was Ameris Bank via email. So I sent one. I did that because I wanted to get in line and I had read BOA wasn't going to be ready for up to two weeks. But that next day at noon I...

Thank you.

Thanks, guys. Do you happen to know if making a second application will mess you up? I would think it likely would. There are 3 local credit unions that were listed on the SBA's PPP site. I went through BOA because it was my understanding you were best to use your current bank, especially if...

@Andrew closed the COVID forum for the week, so please do NOT make this a thread discussing COVID or politics. I just want to know if any of you who were applying for PPP loans have received anything yet? Don't care why or why not, just if you have received funds (or even more recent...