Yes.gilgamesh wrote: ↑Fri Apr 03, 2020 1:19 pmSo did you have an existing BofA checking account and a loan through them?Harry Livermore wrote: ↑Fri Apr 03, 2020 12:59 pmI just logged in to BOA and applied for the PPP. I had done the EIDL Monday but figured I'd give it a try and see what sticks.
Now there is just a spinning "progress" circle on the web page. Ugh. Not sure if the application is actually being processed. Seems like internet overload...
ETA: I refreshed and it indicated I had timed out. So I started over and it went through.
And I am still unsure, as a single-person LLC (sole proprietor/ passthrough for tax purposes) who also sometimes is paid via payroll as a temporary employee (often with a dozen or more W2s at the end of the year), which of the following: unemployment, with the $600 fed layer, OR the EIDL $10K, OR the PPP (for the passthrough income, rent, lease payments) are appropriate, legit and correct for a guy in my situation. If some, or all, of amounts advanced to me under the EIDL and PPP are not eligible for forgiveness, I will just pay them back as scheduled.
The UI piece is a mystery to me; the last time I filed was in circa 1993, in a dingy office in White Plains NY... think like the most dreary DMV you've been to. It was an hours-long process, waiting and waiting, then answering many questions from a scowling DOL employee. A demeaning and disheartening experience. After that, I realized I was probably better off just picking up the phone and hustling for work in my field, and I have not tried for UI since. I certainly have done a few hundred thousand dollars of W2 work in the intervening 27 years, so you'd think there would be something there for me now.
Basically trying all avenues to see what sticks.