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Started By
Message
re: Those who received PPP funding
Posted on 4/21/20 at 8:30 am to VABuckeye
Posted on 4/21/20 at 8:30 am to VABuckeye
quote:
VABuckeye
Hey bro...did you get your EIDL funds?
I woke up with $3k deposited in my account this morning but it's description is EIDG not EIDL, and I have an email from my bank saying that my PPP loan was funded, but it wasnt
Im confused now
ETA:
nevermind..I literally jut got a deposit alert that my PPP hit my bank account. 
This post was edited on 4/21/20 at 8:52 am
2
Posted on 4/21/20 at 10:08 am to tgrbaitn08
Just signed loan docs, should hit our account any minute now, loan dated for yesterday. Took 12 days to fund after approval.......
Posted on 4/21/20 at 10:11 am to tgrbaitn08
Not a penny of EIDL funds yet. They pulled credit a week ago so hopefully we're coming up in queue.
Glad to see others get the PPP funding. It's a great feeling.
Now if I could just get all my receivables paid.
Glad to see others get the PPP funding. It's a great feeling.
Now if I could just get all my receivables paid.
Posted on 4/21/20 at 10:14 am to VABuckeye
We got both funded today..
now im on the phone with CPA trying to figure out how to disperse the payroll and retirement over 8 weeks starting today
now im on the phone with CPA trying to figure out how to disperse the payroll and retirement over 8 weeks starting today
Posted on 4/21/20 at 10:14 am to ValZacs
I signed my e-docs(PPP) on April 15, should I have seen something by now?
This post was edited on 4/21/20 at 10:39 am
Posted on 4/21/20 at 10:18 am to 24nights
You mean April, right? They are required to fund within 10 days of approval.
Posted on 4/21/20 at 10:27 am to 24nights
quote:
I signed my e-docs(PPP) on Aug 15
Was it the actual loan document or the app? If loan document/promisory note, hopefully you downloaded and saved a copy..... check the loan date, that's the date you should have had access to the funds.
Posted on 4/21/20 at 10:39 am to VABuckeye
April 15, sorry. thx
Posted on 4/21/20 at 10:42 am to ValZacs
We applied April 11 and signed on April 15. Our banker is telling me middle of next week to get the money. thx
Posted on 4/21/20 at 10:46 am to blades8088
quote:
So, if funds hit on Wednesday the 10th we should be making payroll from wednesday-wednesday for the next 8 weeks?
so our funds hit today...we are going to run payroll 3 times between today and June 21st. One for each April, May and June..even though we already did payroll for April, we are going to follow the way we showed our monthly expenses on our app. Using gross payroll then writing the check after taxes.
Also going to cut 3 separate retirement account checks per person
Posted on 4/21/20 at 11:13 am to VABuckeye
quote:
Now if I could just get all my receivables paid.
This right here! While we understand the current situation we are ALL in, its tough to swallow not funding a February invoice...
Also, we received notification of PENDING $10,000 from SBA being deposited into our checking account.
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