No. they look only at gross revenue and cost of goods sold as a measure of net operating expenses (which is asinine and totally gameable, but whatever). They will give you a loan for max($150,000, (revenue-COGS)/2).
The business has severally affected due to COVID 19. For EIDL, do they look at cash reserve of the company? Having a strong cash position in business helps or hurts the EIDL case? If it hurts the case, does it make sense to take the distribution?
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When I was connected to a tier 2 representative yesterday she informed me that they do look at that information after we kind of hit it off. Previously we were both loan officers in the mortgage business so I feel she gave me a bit more information than most.