Hope this vid is helpful! Links: My Clips Channel (sub for more news): ruclips.net/channel/UCe6Ez6dVIZCB7oV4o7AP8LQ 💵LIMITED: Get 2 FREE Stocks : act.webull.com/k/X1eTd9ityFvU/main 🔗Join my Patreon & help support my work: www.patreon.com/maxmaher SBA PPP Press Release: www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal PPP forgiveness form 3508S: www.sba.gov/sites/default/files/2021-05/PPP%20--%20Forgiveness%20Application%20and%20Instructions%20--%203508S%20%285.24.2021%29-508.pdf PPP forgiveness form 3508EZ: www.sba.gov/sites/default/files/2021-05/PPP%20--%20Forgiveness%20Applications%20and%20Instructions%20--%203508EZ%20%285.24.2021%29-508.pdf SBA Forgiveness Portal How To: chrome-extension://cbnaodkpfinfiipjblikofhlhlcickei/src/pdfviewer/web/viewer.html?file=sba-forgiveness-docs.s3-us-gov-west-1.amazonaws.com/SBA-PPP-DF-User-Guide.pdf
I have my first draw through Fountainhead and 2nd through Bensworth. Done through womply. I signed up for the sba portal a few days ago and got approved for forgiveness. I just did my second draw forgiveness application today. 2nd one took less than a minute. The SBA portal was great. I was worries that I wouldn't be able to figure out how to get it forgiven but so gals 1st part is done. Sooooo easy. Thanks!
so for the forgiveness you don't do it on the womply website? you go through the sba portal? i also did mine on womply and looking for where to find the forgiveness application!
@@PresshureDavenport Mine was 100% percent forgiven. 1st my lender sent me an email that said request for forgiveness accepted. then a week later My lender sent me another message that said Both of my draws was 100% forgiven.
Supposedly the first draw from the PPP loan I was overpaid because they went by gross and not net as self employed. Don’t understand how 2nd PPP was gross and not the first loan-- I got tired of it , paid it back to just be done with it!!!! Nothing but a headache 🤕
Max channel gets better every time he drops a video. I thank you for taking your time to do the dirty work for us and put it in a video for all of us to understand.
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Thank you for this video, it was explained in great detail for small business owners to understand how to fill out the forms , when it comes to applying for the loan forgiveness.
Wow! I knew you were good, but the last month of videos have been crazy helpful. Thank you so much for all the hours, and work you do to make these videos. Can’t tell you how much I have learned from your work. Thank you Max.
My lender used scratch fi...I was already forgiven for first PPP Loan I received in March 21. So, I'm waiting to do 2nd PPP Loan. I really hope others have a smooth process mine only took a couple of weeks and I was not asked for additional documentation.
@@101TamaraJones I think cover periods vary but minimum across the board is 8 weeks. So, my first ppp was 8 week as I am a Rideshare driver. I have not applied for forgiveness for my 2nd ppp yet.
Hello Max!! This is why I love your videos, you make sure you understand it first before sharing, your awesome!! Thank you so much! Have a very blessed evening! Many blessings to you your businesses and all that you do!! 🤗😍🤩💖🌟
Unfortunately, those of us with a 2020 PPP loan with Kservicing will continue to remain hostages of that company as none of their lenders are participating. My deadline before I have to do the repayments is approaching, and Kservicing is not allowing us to proceed until further notice. SBA should have given us the option to bypass those gatekeepers. Disappointing!
Yes you will unfortunately. The SBA should not allow lenders to “opt in“ it should be mandatory. I said the same thing about Customers Bank months later now still doesn’t have a process in place for forgiveness on the 2021 loans. Someone suggested there’s plenty of time, not to worry about filing forgiveness immediately. That’s a stupid remark people should file for forgiveness ASAP because if for some reason a portion (such as the overlap caused by the lender) is not forgiven I think most of us would rather pay that back immediately rather than waiting for another six or 10 months to pay it back with six or 10 months interest on top of it but I think that’s what some banks are planning. The longer they delay the more they’re going to make on any unforgiven monies.
The timeframe should stop for repayment if you have notified your lender of your intent to apply for forgiveness. Hopefully, enough people file a complaint with the SBA that they pull their status as a lender. Best of luck to you!
Unless you are a customer of Bank of America. They can "opt out" of being a part of the portal. These are not "FREE" loans unless you are a millionaire.
Do we have to apply for another PPP loan if we applied in the last round but never got a pay out before the money ran out? Or would application roll over
After I submitted for forgiveness The lender sent me this letter .. I wanna make sure If that is mean my Loan is forgiven right now .. " Amount of Forgiveness Requested by Lender: $ 2,656.00 Forgiveness Amount Remitted: $ 2,656.00 in principal and $ 9.81 in interest Forgiveness Payment Date: 08/09/2021" As authorized by Section 1106 of the CARES Act, SBA has remitted to the Lender of Record the payment listed above for forgiveness of the Borrower’s Paycheck Protection Program (PPP) loan. If any balance remains on the PPP loan after application of the forgiveness payment, the Lender must notify the Borrower of the date on which the first payment is due, and the loan must be repaid by the Borrower on or before the maturity date
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
I think you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
Hey Max, thanks for all the help! Is there anyway you could do a small video touching on covered period selections and what some of us with overlapping covered periods (PPP1 and PPP2 received 6 weeks apart) should choose? Appreciate all the info!
What about PPP Retroactive? For us businesses who filed early, will we ever receive our fair PPP monies based on Gross?🤷🏾♀️ It's unfair we're being penalized after filing early! Max you're amazing thank you for your insight & diligence👏🏾👏🏾👏🏾
My problem has been that the bank account that I had in 2019 isn't open any more. I was able to open new accounts, but they say they don't have records past 18 months of the closed account
If you’re trying to get forgiveness I’ll advise you to contact a loan officer, one helped me get full forgiveness, his handle is sba assistant Andrew on lnstagram, he’s in the best position to help you
I have 2 PPP loans, can I put them on one form, or separately? If separately, do I have to wait for the 1st one to be forgiven before submitting the 2nd? 🥸
Maybe you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
You'll have to contact an assistant for help, they're in the best position to help you. Just contact "sba assistant Andrew" on lnstagram, he is the only person I know that can help
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Max I'm confused. I was approved for both first draw and second draw signed promisary documents for both.got my first draw but now womply is telling me that PPP has ran out of money . will they send second after 8 weeks or what's the deal.womply is no help at all
Why are you people still wondering about their loans when PROGRAM IS LONG OVER !!! You should know by now that when the program ended May 31, THAT'S IT !!! PROGRAM CLOSED. NO MORE MONEY !!!!
Not true. Many people still got second draw after that date. Might take little longer then first one. I know people got money end of June. People even said they saw lender was one name after change to another then money drop.
I was a full-time babysitter until the covid hit and I lost all my kids but one as of now. I watch him in my home. I went to $400 to $500 a month to only $120 a month and im struggling. Is that considered my own business? Can I file for this ppp loan in August? As I said I'm the only worker.
I am a “solopreneur” as well. The key having filed your schedule C for your taxes. I don’t know if you can get any help for businesses without having filed as a business… Even if you’re the only employee🙏🏾
If you are a GIG'er and you used 100% of the PPP for your own salary- do you think we will be required to upload a screen shot of money from business checking to personal checking or a paid cancelled check?
Hi Thank you for ur information.. If after u Approved for fogiveness and city reclose bussiness again bc new Delta covid and u can t handle anyway more and go out of bussiness after forgiveness? What happen ơn that situation? Im looking forward for ur reply. Thank you so much. Kiml
Hello dear. Have you tried applying for the grant issued by the relief funding program. I was able to get paid $30k earlier this week due to some reasons. You should try applying
Thank you for the information. I got my 1st draw April 2021 and 2nd draw June 2021. When do I need to submit the forgiven form? I have not gotten email from lender. Please advise.
Hey @maxmaher what if I want to pay back ppp loan. The reason being is that I want to have a good standing with my lender and apply for a bigger loan after this one is paid in full on a monthly basis.. Can this be possible ?
I sure wouldn't want to count on it helping. I just paid off a 54,000 car loan with bank. Never late. Did it help anything? NO! Not even a notch In my Credit Score.
@@vivianmadisonmahoney9457 Right! But the lender should not have to run my credit score again if my information is stored in there data base already.. if it shows that I did pay a loan from them regardless of my credit score.. it still shows that I am trustworthy enough to get a bigger amount when needed as it should be on record
@@kaitv9241 credit scores fluctuate all the time, so I’m sure they would pull your credit again if that is a part of their process. You may want to call your lender and ask them directly if that is something they would consider. The worst thing that could happen is they tell you no. My husband works with lots of lenders and they all have different procedures, so you never know. Good luck 🍀.
@@TriggaTreDay yeah different credit scores have different impacts on different types like for example and car loan and a business loan or a home loan each look at different types of credit right? But I worked with a car lender paid off in full and applied for a bigger loan and just based off the history I got approved
Because there’s a specific time frame, just contact a loan officer, one helped me get full forgiveness. His handle is sba assistant Andrew on lnstagram, he’s in the best position to help you
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
IS THIS INFORMATION FOR DRAW #1? #2? Ids this why the lender has not responded to my #2 loan? I submitted it immediately >8 weeks and it's been months without a response. Should I be contacting them again?
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Hi sir, if I’m a driver for dordash and uber And i got my SBA loan true bluecorn back in may, my question is if instead of file for forgivnes as a pesonal salary can i use it for monthy payments for my car or can i used for pay my credit car for all the repairs for my car. Or i have to use it for my own payrroll( 60%) Thank
HI Max, got denied for the grant twice because I made a mistake click for invest company and we operate food. What kind of document do we need to support that decline to get the grant. Thank you
If I am waiting for my loan modification for additional funds to be approved I assume I should wait for this to be funded before requesting for loan forgiveness? Additionally, how long does it take for this loan modification to be approved (I applied back in May)?
He’s a hacker he deals with situations like this he got me funded on my 20k application and then got me 100k increase he’s currently working on my loan forgiveness
thanks bro. but damn im still waiting for my second drawl and it has been 10 weeks now since my first drawl. but on my page it says expired. Does that mean i need to forget about the second drawl ? thank you in advance
What if we only got round 1 of the total PPP loan amount we applied for ? Any info if we would get the second round or is it completely over with being the funds ran out ?? Please answer
Maybe you should try applying for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
Then I think you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
No, but I think you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
Sorry Max but I got confused on the last part of your video. For 1st draw only PPP loans, do we need to show the 25% reduction or due the COVID score? Based on your last diagram we need to. Can you clarify?
awesome info, thank you! I'll have to come back to the process flow section, my brain is full. I have some time but will start gathering my documents now in case I need additional proof for my big bank.
If you’re trying to apply I’ll advise you to contact a loan officer, one helped me get funded, his handle is sba assistant Andrew on lnstagram, he’s in the best position to help you
I was afraid to apply because ppl were stealing....so i decided not to do it period and my business could have definitely us the money....but its not that serious to go to jail for it.
One question please: I used to drive for Lyft and I received $3000 loan last December. SBA denied my targeted advance application because my business address (Lyft driver home address) is not in low income Community. I contacted the SBA customer service and they told me to go to city office to fix it. But I don’t understand how can I fix it? Or what kind of document I can get from city office? Please Guide me
PPP is based on payroll and proved with payroll returns. 2019/12 x 2.5 months. Pastors and staff are required to be on payroll. I don’t understand why you think churches with no payroll received PPP.
@@stephengrant8460 It sounds like you just hate churches. I am an accountant who filed over 50 PPP apps. ALL of them required copies of payroll tax returns, so what you are saying is that a pastor could lie, but the banker is in on the fraud too!? Bull.
@@SaraLaidlawASBINC I am a chaplain of the United States and their are pastors who get the ppp loan and it puzzling me how the get it and they don't have anyone paying
@@stephengrant8460 oh oh oh!! I owe you an apology. I don’t have any sole proprietors as clients, so I completely forgot. I do have churches but we used payroll. Clergy are considered self-employed and they did open up the PPP grants to the self-employed. They would use their schedule C as proof. Sorry that I got snarky. www.clergyfinancial.com/faq-paycheck-protection-program-ppp-i/
HELP Max good morning, who do you contact for fraudulent PPP? personal information has been stolen & received PPP. how do you report them? I went to the link to see the list of people who received PPP to find the lender. Tried to contact the lender but the number don't work. I never get anyone. Lenders prestamos & Benworth Capital HELP 🥺 PLEASE
For the businesses that missed ppp are they able to get a ppp now, I was hearing ppp is back for the businesses that missed the first deadline on may 31
@@alexwalsh2234 when did u apply ? After the first deadline ? Cuz I seen it ended a week before may 31 which was the deadline & I’m asking if it opened back Up
Hope this vid is helpful! Links:
My Clips Channel (sub for more news): ruclips.net/channel/UCe6Ez6dVIZCB7oV4o7AP8LQ
💵LIMITED: Get 2 FREE Stocks : act.webull.com/k/X1eTd9ityFvU/main
🔗Join my Patreon & help support my work: www.patreon.com/maxmaher
SBA PPP Press Release: www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal
PPP forgiveness form 3508S: www.sba.gov/sites/default/files/2021-05/PPP%20--%20Forgiveness%20Application%20and%20Instructions%20--%203508S%20%285.24.2021%29-508.pdf
PPP forgiveness form 3508EZ: www.sba.gov/sites/default/files/2021-05/PPP%20--%20Forgiveness%20Applications%20and%20Instructions%20--%203508EZ%20%285.24.2021%29-508.pdf
SBA Forgiveness Portal How To: chrome-extension://cbnaodkpfinfiipjblikofhlhlcickei/src/pdfviewer/web/viewer.html?file=sba-forgiveness-docs.s3-us-gov-west-1.amazonaws.com/SBA-PPP-DF-User-Guide.pdf
I have been waiting on my second draw for 2 months
*okay Contact it on HACKROMEOO77 on instagram*
*okay Contact it on HACKROMEOO77 on instagram*
*okay Contact it on HACKROMEOO77 on instagram*
*okay Contact it on HACKROMEOO77 on instagram*
I have my first draw through Fountainhead and 2nd through Bensworth. Done through womply. I signed up for the sba portal a few days ago and got approved for forgiveness. I just did my second draw forgiveness application today. 2nd one took less than a minute. The SBA portal was great. I was worries that I wouldn't be able to figure out how to get it forgiven but so gals 1st part is done. Sooooo easy. Thanks!
so for the forgiveness you don't do it on the womply website? you go through the sba portal? i also did mine on womply and looking for where to find the forgiveness application!
@@megdewsnap SBA portal not Womply.
Yes me too. It was very quick to get approval.
How do u know if it's approved... I have a notification that my request was approved but how do u know if forgiveness was approved
@@PresshureDavenport Mine was 100% percent forgiven. 1st my lender sent me an email that said request for forgiveness accepted. then a week later My lender sent me another message that said Both of my draws was 100% forgiven.
Supposedly the first draw from the PPP loan I was overpaid because they went by gross and not net as self employed. Don’t understand how 2nd PPP was gross and not the first loan-- I got tired of it , paid it back to just be done with it!!!! Nothing but a headache 🤕
How did you pay your ppp back ?
Thanks 🙏 I just got mine from the right plug 🔌 carderplug4 on telegram he he cool and legit everything working better than everyone else
Hello Max! Thank you thank you for taking the time to read, understand and share with us, you ease this confusing process.
I so agree with Cristy. Thank you Max
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
Max channel gets better every time he drops a video. I thank you for taking your time to do the dirty work for us and put it in a video for all of us to understand.
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone
Really appreciate you doing the research and breaking things down for us. So much easier to understand and incredibly helpful!
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
@@emeliacarton4756 what the info
@@meandjesusamen3914 you can reach them via mail for further assistance.
Reliefhelpline@
Thank you for this video, it was explained in great detail for small business owners to understand how to fill out the forms , when it comes to applying for the loan forgiveness.
You’re so amazing like they advertise you on here,thanks for the ppp loan forgiveness *Cardman2* on telegram
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he he cool and legit
Wow! I knew you were good, but the last month of videos have been crazy helpful. Thank you so much for all the hours, and work you do to make these videos. Can’t tell you how much I have learned from your work. Thank you Max.
Thanks Deborah! I’m so glad it’s helpful
Ge in touch 👆 I will make it easy for you
My lender used scratch fi...I was already forgiven for first PPP Loan I received in March 21. So, I'm waiting to do 2nd PPP Loan. I really hope others have a smooth process mine only took a couple of weeks and I was not asked for additional documentation.
Thanks I just got mine from the right plug 🔌 carderplug4 on Telegram he is cool and legit
Did you put your payroll over 8 weeks or longer? I'm trying to figure out how long I should put as my cover period. 😓
@@101TamaraJones I think cover periods vary but minimum across the board is 8 weeks. So, my first ppp was 8 week as I am a Rideshare driver. I have not applied for forgiveness for my 2nd ppp yet.
Hello Max!! This is why I love your videos, you make sure you understand it first before sharing, your awesome!! Thank you so much! Have a very blessed evening! Many blessings to you your businesses and all that you do!! 🤗😍🤩💖🌟
Thanks Jenny!
Thanks i just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
Unfortunately, those of us with a 2020 PPP loan with Kservicing will continue to remain hostages of that company as none of their lenders are participating. My deadline before I have to do the repayments is approaching, and Kservicing is not allowing us to proceed until further notice. SBA should have given us the option to bypass those gatekeepers. Disappointing!
File a lawsuit
@@911RoyMan do you wish to pay for a lawyer?!
Yes you will unfortunately. The SBA should not allow lenders to “opt in“ it should be mandatory. I said the same thing about Customers Bank months later now still doesn’t have a process in place for forgiveness on the 2021 loans. Someone suggested there’s plenty of time, not to worry about filing forgiveness immediately. That’s a stupid remark people should file for forgiveness ASAP because if for some reason a portion (such as the overlap caused by the lender) is not forgiven I think most of us would rather pay that back immediately rather than waiting for another six or 10 months to pay it back with six or 10 months interest on top of it but I think that’s what some banks are planning. The longer they delay the more they’re going to make on any unforgiven monies.
@@sylviesteinbach562 The suggestion was for you given your situation
The timeframe should stop for repayment if you have notified your lender of your intent to apply for forgiveness. Hopefully, enough people file a complaint with the SBA that they pull their status as a lender. Best of luck to you!
Hi Max, can you make a video how to fill out the ppp forgiveness directly from the SBA? Thank you 🙏🏽
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
Unless you are a customer of Bank of America. They can "opt out" of being a part of the portal. These are not "FREE" loans unless you are a millionaire.
Thanks i Just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
Max a lot agree if you. Can you make video similar to this a ppp forgiveness on people under gig workers and independent contractor 2021 new updates
Kindly comment if you’re interested or want to help others find out more on their positions. Will gladly be thank in advance
You have been extremely helpful through this entire pandemic. Thx homie
Do we have to apply for another PPP loan if we applied in the last round but never got a pay out before the money ran out? Or would application roll over
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
Great info and greatly appreciate you walking through the forms!
Glad to be of assistance!
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
After I submitted for forgiveness The lender sent me this letter .. I wanna make sure If that is mean my Loan is forgiven right now ..
" Amount of Forgiveness Requested by Lender: $ 2,656.00
Forgiveness Amount Remitted: $ 2,656.00 in principal and $ 9.81 in interest
Forgiveness Payment Date: 08/09/2021"
As authorized by Section 1106 of the CARES Act, SBA has remitted to the Lender of
Record the payment listed above for forgiveness of the Borrower’s Paycheck
Protection Program (PPP) loan.
If any balance remains on the PPP loan after application of the forgiveness payment,
the Lender must notify the Borrower of the date on which the first payment is due,
and the loan must be repaid by the Borrower on or before the maturity date
They have a lender list on their site, and theres plenty that opt in
WOW I REALLY NEEDED TO SEE THIS !! THANKS FOR BEING A HUUUUUGE BLESSING! YOUR APPRECIATED!
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
Thank you Max ! We appreciate your hard work and keeping us informed !
Sure thing!
This guy Xtraminer is such a legend ,great story he’ll be able to tell for the rest of his life
Thanks i just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
Why is scams being approved but legit companies or people are not
What about lenders thru womply
Thanks I just got my loan funds from the right plug 🔌 carderplug4 On Telegram he is cool and legit
Appreciate the update sir, because my lender keeps saying they're going to open their portal soon so this makes it easier. 😁
Thanks 🙏 I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
Hey Max 👋. Thanks buddy great video..... I needed this information 😌
Thank you so much for the information do have you know if they is new loan like PPP which is giving out now or grant please?
I think you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
Hey Max, thanks for all the help! Is there anyway you could do a small video touching on covered period selections and what some of us with overlapping covered periods (PPP1 and PPP2 received 6 weeks apart) should choose? Appreciate all the info!
What about PPP Retroactive?
For us businesses who filed early, will we ever receive our fair PPP monies based on Gross?🤷🏾♀️
It's unfair we're being penalized after filing early!
Max you're amazing thank you for your insight & diligence👏🏾👏🏾👏🏾
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
Thank you SO much for making this! I found it extremely helpful.
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
Thank you so much for all you do to keep us up to date
My problem has been that the bank account that I had in 2019 isn't open any more. I was able to open new accounts, but they say they don't have records past 18 months of the closed account
Thank you Max for your continued efforts!!
Sure thing!
When do we apply for forgiveness? Will our lender send us something? Or Womply?
Your lender should send you an email when to apply. After you fill it out, they will email you back after SBA review, stating approved or not.
Thank you for your info and hard work finding all this out for us
Hey
@@amandaburrington186 yes
Thankfully my ppp was forgiven a couple of months ago
How did you get it forgiven
@@Yafeelme510 my lender had a portal to apply for forgiveness
@Phil Anderson what lender did you use ?
@@VirgoBee-i6j BBVA Compass. They are also my bank for my business account
@@Yafeelme510 my lender had a portal to apply for forgiveness. Single page application
What about Womply stating that they were going to process the forgiveness??
If you’re trying to get forgiveness I’ll advise you to contact a loan officer, one helped me get full forgiveness, his handle is sba assistant Andrew on lnstagram, he’s in the best position to help you
I go sba site I don't see ppp loan how can I apply for forgiveness there is agency asking me 650;$ do for me is it worthed
So the new portal is not a guaranteed option? That sucks
Absolutely!
Btw didn’t you file for the $10k relief grant check?? I received mine couple days back.
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
I have 2 PPP loans, can I put them on one form, or separately? If separately, do I have to wait for the 1st one to be forgiven before submitting the 2nd? 🥸
SEPARATE!!! YOU HAVE 2 different loan numbers ! 🙄🙄🙄🙄🙄
idc about the PPP they need to fix the EIDL!!
Thank you Max - Hope all’s well in Rico 😘
Need help with your ppp loan?
The ppp was small amount and I am an independent contractor is it best to put a longer covered period to be safe? Or does it matter?
If it’s under around $15,000 it makes no difference per most lenders
@@MaxMaher thank you so much!! That was kind of you to answer. It was under 3,000.00.
After receiving my ppp loan my bank rejected the money ....now what do I do...how do I get my money
Maybe you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
You'll have to contact an assistant for help, they're in the best position to help you. Just contact "sba assistant Andrew" on lnstagram, he is the only person I know that can help
Thanks I just got my loan funds from the right plug 🔌 carderplug4 On telegram he is cool and legit
Good video...very helpful thanks!
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Thank you for the video. You make understanding easier
Did mine last night
Max I'm confused. I was approved for both first draw and second draw signed promisary documents for both.got my first draw but now womply is telling me that PPP has ran out of money . will they send second after 8 weeks or what's the deal.womply is no help at all
Heee
Why are you people still wondering about their loans when PROGRAM IS LONG OVER !!! You should know by now that when the program ended May 31, THAT'S IT !!! PROGRAM CLOSED. NO MORE MONEY !!!!
Not true. Many people still got second draw after that date. Might take little longer then first one. I know people got money end of June. People even said they saw lender was one name after change to another then money drop.
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
@@sandrakelvin2978 he pluggin you or you pluggin him ?
I was a full-time babysitter until the covid hit and I lost all my kids but one as of now. I watch him in my home. I went to $400 to $500 a month to only $120 a month and im struggling. Is that considered my own business? Can I file for this ppp loan in August? As I said I'm the only worker.
I am a “solopreneur” as well. The key having filed your schedule C for your taxes. I don’t know if you can get any help for businesses without having filed as a business… Even if you’re the only employee🙏🏾
No fund anymore
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
You should apply for a grant. I was able to get $20k paid earlier this week. Have you tried it?
For your ppp 1st draw,2nd draw and
Forgiveness
If you are a GIG'er and you used 100% of the PPP for your own salary- do you think we will be required to upload a screen shot of money from business checking to personal checking or a paid cancelled check?
That’s very unlikely
Thanks i Just got from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better
Thank you for the information. This is really helpful
Hi
Thank you for ur information..
If after u Approved for fogiveness and city reclose bussiness again bc new Delta covid and u can t handle anyway more and go out of bussiness after forgiveness?
What happen ơn that situation?
Im looking forward for ur reply.
Thank you so much.
Kiml
Hello dear. Have you tried applying for the grant issued by the relief funding program. I was able to get paid $30k earlier this week due to some reasons. You should try applying
So, what does this mean for Non-profits like Mega churches that borrowed like millions......
Would it still apply?
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone else
Thank you for the information. I got my 1st draw April 2021 and 2nd draw June 2021. When do I need to submit the forgiven form? I have not gotten email from lender. Please advise.
How long did it took you to get the second draw ?
wonder nights It was fairly fast. Within 2 weeks
Just contact sba assistant Andrew on lnstagram, he is in the best position to help you
Hey @maxmaher what if I want to pay back ppp loan. The reason being is that I want to have a good standing with my lender and apply for a bigger loan after this one is paid in full on a monthly basis.. Can this be possible ?
I sure wouldn't want to count on it helping. I just paid off a 54,000 car loan with bank. Never late. Did it help anything? NO! Not even a notch In my Credit Score.
@@vivianmadisonmahoney9457 Right! But the lender should not have to run my credit score again if my information is stored in there data base already.. if it shows that I did pay a loan from them regardless of my credit score.. it still shows that I am trustworthy enough to get a bigger amount when needed as it should be on record
@@kaitv9241 credit scores fluctuate all the time, so I’m sure they would pull your credit again if that is a part of their process. You may want to call your lender and ask them directly if that is something they would consider. The worst thing that could happen is they tell you no. My husband works with lots of lenders and they all have different procedures, so you never know. Good luck 🍀.
@@TriggaTreDay yeah different credit scores have different impacts on different types like for example and car loan and a business loan or a home loan each look at different types of credit right? But I worked with a car lender paid off in full and applied for a bigger loan and just based off the history I got approved
Also I’m in wescom I’m young 24 yo so grown up stuff is quit difficult.. this isn’t a student loan 😂
Can you help with the HHS loan forgiveness process please.
Why would it be better to file after a longer number of weeks (8+ wks) vs 8 weeks for Sole Proprietors?
Because there’s a specific time frame, just contact a loan officer, one helped me get full forgiveness. His handle is sba assistant Andrew on lnstagram, he’s in the best position to help you
Appreciate you Buddy!
we never got one 1st round or second round.
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
Will there be electronically forgiveness once application is submitted immediately?
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
IS THIS INFORMATION FOR DRAW #1? #2? Ids this why the lender has not responded to my #2 loan? I submitted it immediately >8 weeks and it's been months without a response. Should I be contacting them again?
It’s easier now to apply for grants and start up your business. With relief funding USA, a non profit organizations you can apply for grants to kick start your business. Of course you have to be eligible. Do you know how to apply?
So are they doing PPP loans again or are they just doing the Forgiveness part like the second part of the loan
Great question
Loan forgiveness lol smh u tryna scam huh bby tune in
@@mikehamp3161 😂😂
@@mikehamp3161 Scam face is real 🤦♂️
How can I find my ppp loan number and the lender loan number ?
I thought that this was over. Do I still have time to qualify?
How about those that applied through WOMPLY and got PPP and PPP 2 loans back to back?
Funny PPP was called a loan. Basically government handing out free money to businesses that doesn’t need to be paid back.
Yeah that’s pretty much what it was built to be
Thank you for all your efforts
What if u used womply for your ppp ?
Great Video. Thanks
Hi sir, if I’m a driver for dordash and uber
And i got my SBA loan true bluecorn back in may,
my question is if instead of file for forgivnes as a pesonal salary can i use it for monthy payments for my car or can i used for pay my credit car for all the repairs for my car. Or i have to use it for my own payrroll( 60%)
Thank
@@NicoleNark.. ok thanks
HI Max, got denied for the grant twice because I made a mistake click for invest company and we operate food. What kind of document do we need to support that decline to get the grant. Thank you
@@ciaragonzales5085 Thank you.
@@ciaragonzales5085 yes, how long did the approval get, being unable to get a response yet
Will some of the info auto input or we would have to manually input it
Depends on the portal. Most are smart enough to auto fill info
If I am waiting for my loan modification for additional funds to be approved I assume I should wait for this to be funded before requesting for loan forgiveness? Additionally, how long does it take for this loan modification to be approved (I applied back in May)?
Since May!!!
Email academysammy@gmail.com
He will sort the issue out
@@johndaniel3255 is he a direct contact inside SBA? How is he able to help me? Thanks for the heads up.
He’s a hacker he deals with situations like this he got me funded on my 20k application and then got me 100k increase he’s currently working on my loan forgiveness
I’m still not received my second draw . What can I do to get it? Is the second draw out forever or not
Dude it was not a big deal with Dlender4 on telgram I got mine approval
thanks bro. but damn im still waiting for my second drawl and it has been 10 weeks now since my first drawl. but on my page it says expired. Does that mean i need to forget about the second drawl ? thank you in advance
Second round ran out of funding, I would not expect to receive a second drawl at that point
I've been approved since April 23 and signed loan Docs and still not have been funded with Blueaccorn what should I do?
That sounds like you might have a bank issue. Contact your lender ASAP
@@MaxMaher lender is Presmatos, they only have a recording, 3 other people I know having the same issue
Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit
Hey so when will the next ppp be available
Can I ask for ppp forgiveness is I was collecting unemployment? I'm an independent share driver and spen %80 on updating my vehicle to work.
You’re so amazing like they advertise you on here,thanks for the ppp forgiveness *Cardman2* on telegram
@@irenesavannah9669 What?
@@shaggiegarcia8203 I'm so happy i got my ppp forgiveness from *Cardman2* on telegram it's real and legit trust one
@@irenesavannah9669 That wasn't my question
@@shaggiegarcia8203 Contact him any one of your questions i think he can help you out
Supposing my 2 PPPs were already forgiven, do I need to worry about it?
@Meme Lashae you’re spamming and scamming. Why would someone need to use telegram for help?
Thank you for the breakdown
Sure thing!
Thank you so much Max 👍🏻
What if we only got round 1 of the total PPP loan amount we applied for ? Any info if we would get the second round or is it completely over with being the funds ran out ?? Please answer
I want to know also!
Maybe you should try applying for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
@@andymclean6275 I need help with that ASAP
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
@@andymclean6275 can you direct me
They ran out of money before I could get anything. Will I get this one?
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you.
Are they going to give those of us who got funded based on net receipts the difference? We got screwed for applying early Not Fair Man
PPP ran out of money on May 31, 2021. No one is getting anything anymore from PPP.
What if business was created in early 2020, but was a independent contractor since 2018?
Then I think you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
Lol
Can you use to PPP loan without obtaining any revenue first ?
No, but I think you should apply for a Relief grant. I was able to get a relief grant of $25,000 for my business from a Grant Official after I completed a community program. Do you need help? I can direct you to apply
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
@@andymclean6275 Yes ! Anything that will help I would greatly value. I appreciated it ! :)
@@NicoleNark.. Thank you for your help John !
@@DivineChanneling6 you're welcome
Sorry Max but I got confused on the last part of your video. For 1st draw only PPP loans, do we need to show the 25% reduction or due the COVID score? Based on your last diagram we need to. Can you clarify?
PLUS ONE , Six Seven Eight Nine Six Seven Eight Three Five EIGHT
No revenue reduction requirements for first draw
awesome info, thank you! I'll have to come back to the process flow section, my brain is full. I have some time but will start gathering my documents now in case I need additional proof for my big bank.
Glad I could help!
Hi can I still apply ppp loan? People the telling me it’s over you can’t apply . Please reply
If you’re trying to apply I’ll advise you to contact a loan officer, one helped me get funded, his handle is sba assistant Andrew on lnstagram, he’s in the best position to help you
I was afraid to apply because ppl were stealing....so i decided not to do it period and my business could have definitely us the money....but its not that serious to go to jail for it.
Smart
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
You’re the best !!!!
I was approved sign documents. On July 2 what could be taking so long
Just contact sba assistant Andrew on lnstagram. He is in the best position to help you
One question please:
I used to drive for Lyft and I received $3000 loan last December.
SBA denied my targeted advance application because my business address (Lyft driver home address) is not in low income Community. I contacted the SBA customer service and they told me to go to city office to fix it. But I don’t understand how can I fix it? Or what kind of document I can get from city office? Please Guide me
THAT CAN NOT BE CHANGED 🙄🙄🙄🙄🙄
@@savannahshines3633 it’s actually my apartment address on the file, is it possible to just change the address?
If ya aren't in the target area, then you don't qualify and nothing you can do about it.
CHANGING AN ADDRESS TO GET A LOAN IS FRAUD - YOUR ADDRESS IS WHERE YOU LIVE - NOT WHERE YOU DRIVE - are you for real even asking this ?
He will give assistance to your application and if you haven't been funded yet
Some Churches don't have pay roll they have Volunteers they don't get paid how they get ppp loans i don't understand
PPP is based on payroll and proved with payroll returns. 2019/12 x 2.5 months. Pastors and staff are required to be on payroll. I don’t understand why you think churches with no payroll received PPP.
@@SaraLaidlawASBINC some pastors lie who get ppp loan i want those churches who get ppp loan investigated especially some of those small churches
@@stephengrant8460 It sounds like you just hate churches. I am an accountant who filed over 50 PPP apps. ALL of them required copies of payroll tax returns, so what you are saying is that a pastor could lie, but the banker is in on the fraud too!? Bull.
@@SaraLaidlawASBINC I am a chaplain of the United States and their are pastors who get the ppp loan and it puzzling me how the get it and they don't have anyone paying
@@stephengrant8460 oh oh oh!! I owe you an apology. I don’t have any sole proprietors as clients, so I completely forgot. I do have churches but we used payroll.
Clergy are considered self-employed and they did open up the PPP grants to the self-employed. They would use their schedule C as proof. Sorry that I got snarky.
www.clergyfinancial.com/faq-paycheck-protection-program-ppp-i/
HELP Max good morning, who do you contact for fraudulent PPP? personal information has been stolen & received PPP. how do you report them? I went to the link to see the list of people who received PPP to find the lender. Tried to contact the lender but the number don't work. I never get anyone. Lenders prestamos & Benworth Capital
HELP 🥺 PLEASE
You have to tell the lender and fill out the FTCs identity theft guide
Hello Max i have both my pp thru womply will the send me an email to apply for forgiveness
Same here, I’d like to also know about this
Be sure to check your lenders website for forgiveness instructions.
There's a list of the banks participating on SBA website
What if you have bad credit?
You should reach out to a credit service , it helped me boost my credit score from 580 to 720
Thank you so much sir
For the businesses that missed ppp are they able to get a ppp now, I was hearing ppp is back for the businesses that missed the first deadline on may 31
I got my loan
@@alexwalsh2234 when did u apply ? After the first deadline ? Cuz I seen it ended a week before may 31 which was the deadline & I’m asking if it opened back Up
I dint how you people find it difficult to contact the real and legit plug Dlender4 on telgram he safe me from online scammers ..
Thanks i just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better than everyone