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re: SBA and PPP

Posted on 4/3/20 at 12:45 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 4/3/20 at 12:45 pm to
What new calculator? The app I filled out yesterday asked for average monthly wages/related expenses x 2.5 = PPP amount.

Submitted everything to my loan officer yesterday. But I'm not a current customer of that bank since ours isn't participating. We'll see how this goes.
Posted by baldona
Florida
Member since Feb 2016
20635 posts
Posted on 4/3/20 at 12:47 pm to
Regions (I'm probably Fricked) is requiring me to submit a couple forms I don't have like IRS Form 940 and Form 941 because I work with an HR company and we are leased employees. Anyone know what to submit here?

I'm thinking of just submitting a blank word document saying "does not apply"?
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
31106 posts
Posted on 4/3/20 at 12:47 pm to
They put out a new application today. If you filled one out yesterday, it isn’t the one they’re using.
Posted by ROUSTER
Member since Sep 2003
6887 posts
Posted on 4/3/20 at 12:51 pm to
Just telling you what Banker told us after talking to SBA on conference call this morning.
Sent new application, which was the same that was posted earlier by tgrbaitn08. Also had an addendum that changed slightly.
Told us to hold off submitting anything until new calculator comes out.
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