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re: Will the SBA do a 3rd draw of the PPP loan?

Posted on 7/31/21 at 11:16 am to
Posted by Weekend Warrior79
Member since Aug 2014
16517 posts
Posted on 7/31/21 at 11:16 am to
quote:

Do you think new business owners will be excluded in any way?

Not an expert on the subject, but I would guess they would be excluded under the premise “you knew the risk starting a new business during the pandemic…”

I don’t agree with it, because no one expected to drag this long. But, I have heard this line a few times during the first 2 CARES packages.

The best thing you could do is check out the requirements from the 2nd PPP and see how they fit. At a minimum, if there is a 3rd (I don’t think there will be) those restrictions will be the minimum
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