PPP Loan Forgiveness Just Got Easier
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Thanks for the above information. I have questions, I couldn’t complete the application for the ppp loan in 2020 because l already, by mistake apply for the EIDL loan.
My question is, l applied for the EIDL loan in May 2020, is this loan forgivable? When do l have to pay it back? And can l still apply for the PPP loan now?
1 Reply
Tony D'Anna
from Let's Walk Chicago
EIDL LOAN is NOT forgivable. EIDL GRANT is forgivable (grant).
Yes, you can apply for a PPP 1st Draw now even if you have EIDL.
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