Originally Posted by calmopar
I know we have a lot of business owners here - has anyone seen $0.05 from an EIDL "advance" ($1K/employee) or a PPP (2.5x monthly payroll costs)?

I applied for both within minutes of availability and have seen nothing.


I have a neighbor who applied the Monday after it opened on Friday and he received 90k in PPP last Friday. His bank was M&T. Right after he applied someone from the bank contacted him to confirm receipt and that M&T had received 7,000 applications in the first two hours.

A friend received notice he was approved early this week but wasn't using his normal bank so he was setting up a bank account for the cash to go into.

TY
K