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I was up late last night getting everything ready to file the Paycheck Protection Program SBA loan. Not sure we will need it, but if we are forced to shut down we could keep our staff paid for several months. If our business can stay open and generate some income then after the 2 months we should still be okay for maybe another 2 months.
I think the PPP loans cap at $10 million and have a .5% interest rate if you use the money for something other than payroll, rent and utilities. If you use it correctly it will be forgiven.
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Peppy
2011 BMW 335d
1988 Targa 3.4 
2001 Jetta TDI dead
1982 Chevette Diesel SOLD 
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