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Dicey PPP Position -- 1st Draw Increase and 2nd Draw
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beefey
Posted 2/26/2021 00:01 (#8858766 - in reply to #8858564)
Subject: RE: Dicey PPP Position -- 1st Draw Increase and 2nd Draw


buzzardnuggets - 2/25/2021 21:31

My lender says I have to wait 8 weeks to apply for the second draw.. I dont believe I do.. but thats what the sba loan guy hes talking to told him so that puts me at march 29th.. wonder if its possible to get the first draw from one bank and the second from another?


One dirty secret is that you can actually call the SBA and talk to someone if you call the lender line... Not that it matters that much since they know nothing anyway but sometimes it is nice to know that your banker isn't gaslighting you when they say "we don't know..."

Edited by beefey 2/26/2021 13:00
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