Abby Normal Posted April 11, 2020 Report Share Posted April 11, 2020 https://theweek.com/speedreads-amp/908081/federal-program-promised-small-businesses-2-million-loans-now-maxing-15000 Several applicants reportedly said SBA representatives told them funding for the program was running out. Deb Wood-Schade, a chiropractic wellness business owner, told the Times she had been approved for a nearly $25,000 loan, but was given documents on Wednesday telling her the loan had been cut to less than a third of that amount. 1 Quote Link to comment Share on other sites More sharing options...
Lee B Posted April 11, 2020 Report Share Posted April 11, 2020 Yes, I have seen other articles that they have been limiting the EIDL loans to the original $ 10,000 Grant plus $ 25,000. 1 Quote Link to comment Share on other sites More sharing options...
DANRVAN Posted April 11, 2020 Report Share Posted April 11, 2020 20 minutes ago, cbslee said: Yes, I have seen other articles that they have been limiting the EIDL loans to the original $ 10,000 Grant plus $ 25,000. And I had a call yesterday inquiring about a $300,000 loan......... 1 Quote Link to comment Share on other sites More sharing options...
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