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re: Who has received their $10,000 EIDL advance grant?
Posted on 4/5/20 at 10:19 am to baldona
Posted on 4/5/20 at 10:19 am to baldona
quote:
if she isn’t paying herself at all and taking losses, I don’t see how she qualifies for anything but maybe the EIDL. But I’d plan on it being a low interest loan. Hard to argue she lost income when she doesn’t have any
Thanks for the response.
She hasn't been paying herself. She's been putting all of the income that the business generates back into the business. Was looking to be profitable this year but now can't conduct business and make any income with the stay at home mandates.
I was thinking she might qualify for unemployment. Any thoughts on this?
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