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re: Didn’t get PPP, what now?

Posted on 4/16/20 at 3:09 pm to
Posted by cgrand
HAMMOND
Member since Oct 2009
40329 posts
Posted on 4/16/20 at 3:09 pm to
quote:

I’m fairly convinced anyone small was mostly overlooked.

by particular banks, maybe.
my business is small by any measure, $5MM avg revenue. but we generate a lot of cash so my banking relationship is personal, down to we socialize together & do business together.

thats the difference in funding experiences
Posted by baldona
Florida
Member since Feb 2016
21248 posts
Posted on 4/16/20 at 3:15 pm to
quote:

by particular banks, maybe.
my business is small by any measure, $5MM avg revenue


$5mm revenue isn’t small man. I’m under $2mm this year.

There’s no classification of medium businesses, which there should have been here. No reason at all to have people with under 5 or 10 employees going after the same funds as people with 200+.

Ton of guys out there that employee 2-3 people that are doing under $1 mil in revenue.

Posted by JohnWicksDawg
Member since Mar 2018
358 posts
Posted on 4/17/20 at 3:52 pm to
Cgrand: Thanks.
This post was edited on 4/17/20 at 4:07 pm
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