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04-13-2020, 03:32 PM #1
Reputation points: 84417
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
To hitch hike on a few of the posts on this Forum - I just completed the latest 2 hour SBA Webinar .
As of Thursday 04-09-2020, within the Southeast Region $1.3 Billion has been "Approved" between the EIDL and PPP
Program. Much of those funds have not been dispersed.
Of all the merchants that called in with questions, 1 (One) Merchant indicated he actualy recieved $10,000 (EIDL) from a $15,000 approval. He was unclear when the other $5K may be deposited into his account.
Many Banks still do not have clear regulations, rules from Treasury regarding AML, FinCen.
Numerous unanswered questions regarding PPP.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-13-2020, 03:40 PM #2
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
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04-13-2020, 04:49 PM #3
Reputation points: 62986
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
Here is a good link Mark Cuban shared on LinkedIn - https://www.covidloantracker.com/
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