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PPP with two businesses
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coup
Posted 1/15/2021 12:31 (#8753353 - in reply to #8753328)
Subject: RE: PPP with two businesses


USA
Jeff@JR Production - 1/15/2021 11:24

John, I believe you were told wrong as our banker was the one that had control over whether or not we got the ppp loans, and they told me as long as they are separate companies meaning different EIN #, you can apply.


Would question if two EIN numbers would = two separate entities. Would think it would boil down to who paid the taxes. C Corp pays their own taxes S Corp does not.
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