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PPP same as EIDL?
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Jeff@JR Production
Posted 1/17/2021 07:21 (#8757548 - in reply to #8757394)
Subject: RE: PPP same as EIDL?


Minnesota/Kentucky fertility based on ENERGY
PPP = payroll protection program, the three items used in this program are 941's at 2.5 times the highest quarter, interest time 70%, and rent paid time 70%.
EIDL = A loan directly through the SBA using your gross revenue and a two or three-page application. If it's was agriculture the loan went through ASAP week at most, other businesses I've heard horror stories of 8 months plus. and this is considered disaster loans 3.75% interest 30-year term loans.
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