Quote:
Originally Posted by mililo4cpa
If it were me, and assuming the PPP has to go through a lending institution, I'd be in constant contact with my bank. Since PPP is formula based, it should be relatively easy to calc out the amount you could borrow.
I would also continue down the road of the SBA EIDL.....you don't have to take the funding even if approved, so I would at least continue down that road first.
NOTE: I'm trying to get input on whether an approval of EIDL eliminates options on the PPP.....it's a concern I have.
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I was told you would not be able to do both