Skip to main content
Question
CARESCARES Act
Rishi Khan
CEO Extreme Scale Solutions
Asked a question 4 months ago

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

1 reply

Where am I?

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

Sign Up Now
Login Now
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma
Answered 4 months ago

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

1 comment

Related Questions

This site is a collaboration between Inc. and Multifunding. The opinions expressed here by individuals, including Ami Kassar, are their own, not those of Inc.com.