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PPP Loan for less than $1K

Posted on 3/6/21 at 9:23 am
Posted by subliminaLA
Member since Mar 2017
1 post
Posted on 3/6/21 at 9:23 am
Does anyone know of any lenders offering ppp loans for under $1,000?

I tried BlueVine, Paypal, Cross River but they will not lend out in amounts less than $1,000.

Since the SBA put out new guidance for sole proprietors, I am able to apply for a ppp using gross income which qualifies me for $600 but I cannot find a lender out there willing to offer a loan under 1k.
Posted by TigerDeBaiter
Member since Dec 2010
10676 posts
Posted on 3/6/21 at 12:34 pm to
I don’t think hobbies qualify.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 3/6/21 at 5:45 pm to
So you pay yourself $240/mo?
Posted by Fat Bastard
alter hunter
Member since Mar 2009
89709 posts
Posted on 3/6/21 at 7:08 pm to
This is a joke right??????
Posted by Hermit Crab
Under the Sea
Member since Nov 2008
7399 posts
Posted on 3/6/21 at 9:19 pm to
Fat bastard made $600 in the time it took him to read this post
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