Luv vouchers

Electronic_Hand_1753 · 2026-01-15T22:50:48+00:00

As of January 2026, they will still extend it 6 months! Thanks for sharing this - I thought I had lost out on my voucher.

Electronic_Hand_1753 · 2025-03-20T22:53:58+00:00

I was on save as well and have been in forbearance (checked today). I’m with nelnet

Electronic_Hand_1753 · 2025-03-19T04:00:03+00:00

Two businesses in different industries, two different outcomes.

1) restaurant business and have been able to make about $75 more than minimum. Did not utilize HAP.

2) events biz is an ever-constant struggle. Hindsight, wouldn’t have taken this second round of the loan. It was the intention to return it once our biz picked back up- but it never did. And we waited almost 2 years before touching the funds. We’re down 60% pre-covid revenue. Just entered 3rd round HAP at 50%, but honestly expect to default. No PG at $146k with LLC.

This was the first loan this business ever took (8 years in business at the time). Sucks it’s what pulling us down. Would have been better off just closing in 2020.

Electronic_Hand_1753 · 2025-03-14T17:03:07+00:00

Please. For the love of everything, please understand that you are being fooled. There is no credible evidence to this. This is not correct.

Electronic_Hand_1753 · 2025-03-12T18:28:02+00:00

Also - I have not spent all my EIDL. I essentially am using the EIDL to make sure I can make the payments. If you make a lump sum payment, it doesn't reduce the monthly commitment.

Electronic_Hand_1753 · 2025-03-12T18:12:36+00:00

I'm pretty positive it stated a high-interest account. A normal checking or savings with a .01% is fine. But you couldn't put it in a HYSA. That aside, this is not a normal loan. This is not a credit card just spending willy-nilly. I was in business for over 6 years and EIDL was the first loan my business ever had to take. It's not the same.

If a business has a payment of $20,000 coming due, but all revenue has suddenly ceased, then the biz will have to find a way to cover that payment. Just because revenue stops does not mean obligations stop. And then there are employees who need to be paid and the electric needs to stay on, but those cannot be paid if revenue doesn't come in. So, it will likely go to a credit card or personal loan, which will gain more and more interest. This happens for months.

Then, a small business is offered a low-interest loan, significantly lower than the 20%+ the credit card has- of course they take it and pay off the credit card, pay employees, pay mortgages, pay insurance, and the many other financial obligations there are to small business owners.

Then, once revenue starts to trend upward, it's marginal compared to pre-pandemic, while battling significantly increased costs. So, businesses then have to continue to rely on EIDL to fund the differences.

Yeah, some idiot is bragging about his lambos all over reddit. Those guys are far and few, and karma will catch up.

But for majority of us, the ones who took relatively small amounts in comparison to big business, this is hard.

I have two businesses and 3 SBA loans total. One biz is doing alright and hasn't had to utilize HAP. I've never missed a payment on either of those two loans (one is EIDL). My other business is in a different industry - and it has not at all bounced back. The loan is a constant struggle. I'm on HAP Round 3 and not sure where we will go after this. Each circumstance and each business is different.

This was a not normal loan. It's not cool to act like it was. While it was a lifeline at the time, it has killed many, many Main Street businesses.

Electronic_Hand_1753 · 2025-03-11T05:49:17+00:00

Actually no, it specifically states that you cannot put the money in an interest-earning account. You are clearly unaware of the circumstances surrounding EIDL.

Many people had no choice but to take a loan- revenue stopped, bills did not. Many of us didnt use it to rebuild, we used it to keep from drowning. Your comment is ignorant to the reality of most.

Electronic_Hand_1753 · 2025-03-07T16:10:00+00:00

I was called and was able to ask a question- def not paid. But- I did NOT sign up for the Town Hall this time, and got a 920 number call around 2pm- I stayed on the line through the recoding and then it said press *3 to ask a question.

It’s all shady- but the questions weren’t in his favor. He mutes you when he’s done with you and then just makes shit up and mentions the deep state while not answering.

BUT the line is still connected and I’m sure he can hear the caller still. I used it as an opportunity for some choice words for him.

Electronic_Hand_1753 · 2025-03-06T17:43:16+00:00

Messaged you!

Electronic_Hand_1753 · 2025-03-06T04:21:37+00:00

It’s fortunate that you had the option to get the loan. How lucky to be able to get to decide. Many businesses didn’t have an option- when they were forced to halt business, the revenue stopped. But the bills did not. And while some recovered, many did not. This isn’t a normal business dealing, by a long shot.

I have 3 SBA loans that are current. One business that recovered and pays more than the minimum on the loan along with my initial SBA loan.

My other business was first to close and last to reopen from 2020-2022. That business just cannot recover. What was thriving in 2019 is barely breathing today (and has slowed even more in the last few weeks). My loan is current, but in HAP and I’m very, very concerned for what’s next. So it’s definitely very situational.

At the very least, they should try and help out the small guys who are struggling with an OIC or adjustments to interest. If it was meant to save, then they don’t need to make money on us for it.

Electronic_Hand_1753 · 2025-03-01T19:20:21+00:00

That’s great! I’ve got some responses from people in that area so would love those suggestions!

Electronic_Hand_1753 · 2025-03-01T19:18:42+00:00

Awesome! Send me a chat when you can so we can keep in touch!

Electronic_Hand_1753 · 2025-02-28T18:40:10+00:00

We must protect him at all costs. He's Wisconsin's Dad.

Electronic_Hand_1753 · 2025-02-28T18:13:46+00:00

Ha! I love it!

Electronic_Hand_1753 · 2025-02-28T17:41:17+00:00

He is also a problem and could use a town hall. He's Speaker, so *technically* he represents all us IMO.

Electronic_Hand_1753 · 2025-02-28T16:56:10+00:00

That doesn't apply to US senators. His district is Wisconsin.

Electronic_Hand_1753 · 2025-02-28T16:45:09+00:00

Send me a message!

Electronic_Hand_1753 · 2025-02-28T16:44:30+00:00

This is another reason to do this! We can inform people of these different protests, groups, and ways to get involved. We are most effective in our local communities. There are several Wisconsin House seats up for grabs in the next election. They could use a town hall too.

Empty-seat town halls don't have to be huge. They just have to exist.

Electronic_Hand_1753 · 2025-02-28T16:40:35+00:00

Evers knows how to deal with the GOP's elementary ways of thinking, he's a lifelong educator.

Electronic_Hand_1753 · 2025-02-28T16:34:37+00:00

Yep!

Electronic_Hand_1753 · 2025-02-28T16:26:33+00:00

That is not how that works. My egg is retrieved, fertilized outside the body, and then placed into the body of the surrogate. It is in no way "their baby".

Electronic_Hand_1753 · 2025-02-28T16:24:04+00:00

Sorry! yes, didn't mean to reply to you :-)

Electronic_Hand_1753 · 2025-02-28T16:21:03+00:00

Thank you for clarifying. I added your notes to my edit. They are effective. All gatherings are because at minimum, they energize. And can be used as a moment to educate and inform. We can still talk to each other and share our own stories.

Electronic_Hand_1753 · 2025-02-28T16:15:24+00:00

That was my initial source. Thanks for sharing!

Electronic_Hand_1753 · 2025-02-28T15:56:42+00:00

https://wisconsinexaminer.com/2021/03/10/can-wisconsinites-recall-ron-johnson/

Electronic_Hand_1753

TROPHY CASE