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PPP is all jacked up...

Posted on 6/23/21 at 10:04 am
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39952 posts
Posted on 6/23/21 at 10:04 am
I've had form 3508s filled out for 3 months and been trying to turn it in to my local bank.

Finally got the "PPP Forgiveness Portal" email today and it wouldn't take my EIN. Put in my SS and it worked.

It asked me for all kinds of shite that I already turned in (shocker, I hate duplicate paperwork, but oh well) and when I got to the end it had a brand new 2483 form for me to sign with just my personal info, not the business info the wife and I submitted and signed back in 2020.

There was a little note saying "here's the 2483 to sign as we turned it in to the SBA".

I don't trust this shite... this is the stuff that comes back to bite you in the arse later on in some way, shape or form.

I never asked for a personal PPP (or sole propriotor or 1009 contractor whatever the frick they did to take it out of the LLC we own). I asked for a loan for my business, got it and want the business to get the forgiveness.

Just venting... aint nobody got time for this.
This post was edited on 6/23/21 at 10:08 am
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35557 posts
Posted on 6/23/21 at 10:10 am to
Sorry for your troubles. My little bank took care of everything and we received our satisfied note for PPP round 2 on Monday.
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39952 posts
Posted on 6/23/21 at 10:15 am to
Funny thing is, I got 2 PPPs - 1 5 figure and 1 4 figure.

The 5 figure was forgiven months ago with nary a problem and a simple 3508s. The 4 figure is the PITA one.
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 6/23/21 at 11:04 am to
You going to buy a much of 20 year brunellos with that ppp, huh?
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35557 posts
Posted on 6/23/21 at 11:08 am to
100% used for payroll. It kept some people employed last year.
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 6/23/21 at 11:12 am to
I know, just messing. I enjoy your post in the wine thread.
Posted by Weekend Warrior79
Member since Aug 2014
16397 posts
Posted on 6/23/21 at 1:02 pm to
I wish my bank would enter with the program. I’ve been trying to file for forgiveness for the past month. The new response is the portal will be up any day now.

Doesn’t affect me either way, just trying to get this shite over with
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 6/23/21 at 1:12 pm to
quote:

100% used for payroll. It kept some people employed last year.

As did both of mine.
Still waiting on that EIDL.......
Posted by The Torch
DFW The Dub
Member since Aug 2014
19296 posts
Posted on 6/23/21 at 1:28 pm to
quote:

PPP is all jacked up.


No lie - I know a couple well who took 450K.

Since they have bought a new 300K home, a 100k truck and took at least three vacations which were well documented (bragged about) on facebook.

Nice summer break

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