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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (9421)	4/23/2020 11:20:15 AM
From: kimberley	2 Recommendations Recommended By IC720 the traveler Read Replies (4) \| Respond to of 26439

My ex father in law owns a restaurant. I was trying to brainstorm with him on ways to keep it open...unfortunately his employees are getting more to be unemployed than to work. That's just f'd up...

To: Kirk © who wrote (9421)	4/23/2020 12:32:36 PM
From: robert b furman	Read Replies (1) \| Respond to of 26439

Hi Kirk, Not surprising. We have had a long term relationship with our bank. The processed our PPP loan through the SBA. Our banker said he dhadn't done one in almost 20 years - he hated the beauracracy. We only are doing it for known solid good customers. The little business owner with no debt and track record represents a bigger risk to community banks. If at least they have a savings of checking account - maybe. Other than that go directly to the SBA and deal with a much greater and lengthy process. There is jealousy about who gets what and how hard or easy it is. It all comes down to who has assets and great credit with a track record of paying off debt in advance of the terms. Bob