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Originally Posted by IA_Chiefs_fan
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This is the form I filled out.
Quote:
Originally Posted by SAUTO
my bank is saying they have to confirm the borrower hasnt gotten and wont get any other sba loan to give these out.
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My bank said that this loan has nothing to do with EIDL.
But make goddamned the **** sure that's right. I'm thinking, at least philosophically the EIDL should be higher than 2.5X monthly payroll.
FWIW Ag is not eligible for EIDL. I read something that they put more funding into CCC program, so they're thinking they'll do something like MFP, but they're saying it won't be like MFP so I don't know why anyone is saying that. Whatever, don't bother applying for EIDL.