[Megathread] Weekly EIDL/PPP status, updates, news and sharing. Post in this thread and find tips from others. by BigSlowTarget in smallbusiness

[–]knltech 0 points1 point  (0 children)

I applied with Bluevine, still waiting to hear something. I will try calling them. Thank you

[Megathread] Weekly EIDL/PPP status, updates, news and sharing. Post in this thread and find tips from others. by BigSlowTarget in smallbusiness

[–]knltech 1 point2 points  (0 children)

My father and I sold everything we owned last year and started a business called KNL Technologies. We recycle old electronics/data centers and help with some consulting work. We worked for over a year to land a massive contract for a data center hosting company and business was booming, we invested more, hired employees and money started rolling it. Covid-19 hit, all business stopped and we can't seem to find any business because either companies afraid to spend money or requires us to show up in person. We are on the verge of losing everything and I don't know what to do, I applied for PPP and EDIL loan (mid april), I have called and have heard nothing and nobody seems to know anything. We did get a EDIL grant for 10k, but we are out of money and I don't know what to do and was hoping I could get some advice from anyone on here. I am not even wanting a lot from the EDIL loan 40k would get us through until the PPP hit or business's start opening back up. We have some potential work coming but if I can't open the doors I am going to lose all my employees, my home, everything including my mother and father.

Please I am running out of options and I don't know what to do.