[POLL] $185 Billion's Still Up For Grabs? Will You Apply For It?

Posted by:

Tamisha Gastelu

Highly recommended
Metro Pups
4 Questions answered
Answered on February 22nd, 2021

Hello All!! I am seeking advice.... So not sure if most know but President Biden has changed the PPP rules to let sole proprietors, self employed, and businesses with less than 20 employees to apply for funding using the GROSS sales of the business instead of the claimed revenue. Which is A HUGE difference. The rules go into effect on Wednesday but I have already applied for my Loan under the current rules and I’m expected to be paid in the next 5-7 days. Should I wait and hold out for a higher loan that will go much further for my business or take a lesser amount as I need funds quickly I initially applied on 1/19 and I’m just now being approved with paperwork in order from the begging. This is very frustrating. 


See all 682 comments