| isucyclone - 4/5/2020 06:44
I farm as an s corp with about 800 acres and have no employees and I also have a single member llc that sell seed corn with. Are those SBA PPP loans strictly for payroll expenses? Or do they cover other things as well that I should look into? I’m sort of confused on what to believe. Thanks
My situation is nearly the same as yours. My daughter works in loan origination at a good sized bank. She says we would qualify. I’m on the fence, the money is meant to prevent layoffs. I know I’m not going to be laid off, but this deal is loosing me money.
Edit, I have a C Corp.
Edited by McFarmer 4/5/2020 08:44
|
SBA PPP question
