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re: $1.7 trillion in PPP apps - wareaglepete on 4/6/20 at 8:50 pm
And there are those that say banks aren’t wanting to take on PPP loans from non-clients because they want to protect their balance sheet. No, it is because like the OP says, this is ripe for fraud. Have to be careful here. No matter what crisis is going on, there are plenty of crooks out there th...Jump to Post - View Topic - Replies (2)
re: Is hatred of the media at an all time high right now? - wareaglepete on 4/6/20 at 8:41 pm
Yes. They only care about playing gotcha in the middle of a world crisis. They are worse than scum....Jump to Post - View Topic - Replies (0)
re: This pandemic was 30 years of bad trade policy in the making - wareaglepete on 4/6/20 at 12:38 pm
The President should get on the phone and tell them all trade to India will be halted and US businesses will be barred from doing business there. Then all diplomatic relations will be severed....Jump to Post - View Topic - Replies (0)
re: Wells Fargo stops making PPP loans because it hit $10 billion - why you ask? - wareaglepete on 4/6/20 at 9:34 am
[quote]Wells has the balance sheet to fund over $384 billion in loans---more than the entire PPP funded program.[/quote] The other banks of the big 4 plus all the large Regional banks have plenty of capacity. This is not a big deal....Jump to Post - View Topic - Replies (0)
re: SBA debt relief (7A and 504) - wareaglepete on 4/3/20 at 8:09 am
Also, you do not need to prove a need with these programs. The deferral and no prepayment penalty is big because if you aren't hurting now, you can get the funds, hold them just in case things deteriorate, and then just pay back in 6 months with no penalty and without making any payments. Also, ...Jump to Post - View Topic - Replies (0)
re: SBA debt relief (7A and 504) - wareaglepete on 4/3/20 at 8:00 am
Not that I am aware of. If you use a different bank, I think you would just need to get them documentation of your payroll from the other bank operating accounts. It may be easier to use your current bank....Jump to Post - View Topic - Replies (0)
re: SBA debt relief (7A and 504) - wareaglepete on 4/3/20 at 7:54 am
[quote]go apply for the PPP program no matter what[/quote] Yes. Applications start today. Today will be busy. If you bank is not ready, go find a bank that is ready. From what I understand, this is how PPP will work: - 2.5x average monthly payroll up to $10 million - 2 year term* - 6 m...Jump to Post - View Topic - Replies (1)
re: Italy and Spain: The only 2 countries - wareaglepete on 4/2/20 at 11:25 am
I remember a story weeks back as cases started to sprout across the country about a guy in NY that lived in the suburbs and had corona and was riding the train into work. That right there, in a city that big and dense, was enough to start a massive spread....Jump to Post - View Topic - Replies (1)
re: Wanting To Give Up and let the Coronavirus Defeat Me - wareaglepete on 4/1/20 at 10:51 pm
Buck the frick up. If you can’t handle trying times, then maybe you are right. Like Red said, get busy living or get busy dying. Good lord we have become a weak people....Jump to Post - View Topic - Replies (0)
re: Anyone feel like they’ve gone back to their college days? - wareaglepete on 4/1/20 at 10:24 pm
Drinking more than usual during the week. And, productive as hell working from home. I’m kinda liking it....Jump to Post - View Topic - Replies (0)
re: Mandela Effect: ET never said, “ET, phone home.” - wareaglepete on 4/1/20 at 10:51 am
[quote]“Be good”[/quote] I am a child of the 80's and this could be where I got that from. I end every goodbye with that phrase. Ok, see you next time, be good! I do it without even thinking about it....Jump to Post - View Topic - Replies (0)
re: Happy 75th birthday to one of the all time GREAT guitarists - wareaglepete on 3/31/20 at 10:32 pm
Saw Clapton live back in 1990. He is truly a master. I was in awe....Jump to Post - View Topic - Replies (0)
re: Weak links in famous bands - wareaglepete on 3/31/20 at 10:26 pm
Seriously dumb takes in this thread. Mike Mills? He was the dadgum heart of REM and a quality bass player. Sid Vicious? While he was useless, he didn’t even play on Never Mind The Bullocks, their only real album. Michael Anthony? What? Solid bass and those songs are shite without his backing v...Jump to Post - View Topic - Replies (2)
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