Skip to content

PSA: If you're a small biz, talk to you bank about getting a PPP loan ASAP

1 pointedawerddiscuss
On HN

It's called a loan, but really it's free money since the loan will be forgiven if you don't reduce your payroll over the next 8 weeks.

Because of expected volume, banks will only process loans for companies who already bank with them, so I highly encourage you to work with you bank on this. We also expect the money to run out quickly, so this is not something you want to wait on.

Gusto can provide PPP reports that you can take to your bank to streamline the loan process.

Comments

No comments yet.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.