We conducted an informal poll of business owners last night on Facebook across several groups to ask about interest in the second round of PPP. We asked that only those who have already received a PPP respond.
- 79% of respondents who received the first round of PPP believe they qualify for the second round based on the 25% revenue reduction threshold and plan to apply for a second round.
- 19% of poll respondents do not believe they qualify for the second round.
- 2% lost at least 25% of their revenue but do not plan to apply because they don’t believe they need the money to support their business's ongoing operations
At the time I am publishing these survey results, 62 business owners have responded.
If you received the first round of PPP, what are your plans this round? Please share in the comments below.