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re: PPP advise please

Posted on 3/9/21 at 4:59 pm to
Posted by LigerFan
Member since Jan 2014
2715 posts
Posted on 3/9/21 at 4:59 pm to
Is she a schedule C filer?

All the banks were waiting on updated guidance from the SBA for calculating loans for Schedule C filer. The guidance came out on Thursday of last week I believe and now the banks are updating the applications.

My bank said that I should have my loan package submitted this week with the updated calc.
Posted by Jjdoc
Cali
Member since Mar 2016
53502 posts
Posted on 3/9/21 at 5:29 pm to
quote:

Is she a schedule C filer?


Yes

Posted by Jjdoc
Cali
Member since Mar 2016
53502 posts
Posted on 3/9/21 at 5:33 pm to
quote:

All the banks were waiting on updated guidance from the SBA for calculating loans for Schedule C filer. The guidance came out on Thursday



Our bank submitted before then...

2021-02-22


quote:

I believe and now the banks are updating the applications.



We may need to follow up with that.
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