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Rishi Khan
CEO Extreme Scale Solutions
Asked a question 7 months ago

Can I use EIDL funds to pay payroll while I'm waiting on the PPP?

Where am I?

In Multifunding SBA CoronaVirus Support you can ask and answer questions and share your experience with others!

ami kassar
CEO Multifunding LLC and author of The Growth Dilemma

Yes, PPP would either refinance the EIDL.. or you may be given a smaller PPP loan based on funds used for the similar purpose