Ask Terry Questions ppp loan to a business filed after Feb 15 2020

ppp loan to a business filed after Feb 15 2020

By Terry Savage on March 14, 2021 | Wild Card

Hello I started my business March 2, 2020. I would like to know where the cutoff date, Feb 15, 2020 for the PPP loan came from. The economy did not shut down til mid March 2020 I believe. Because of this Feb date I am not eligible for any assistance even though I am a struggling minority business owner. Do you have any suggestions for me? Any ideas where I can get a loan or grant? Thank you for any assistance you can provide. Stella

Terry Says

That’s just the way the law was written to keep people from starting businesses and asking for money! Are you in Chicago? Contac the Womens Business Development Center — 312-853-3477. They know everything about getting aid for woemn-owned businsses!

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