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Mike Adams
  • Port Chester, NY
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PPP 2 - Are you applying?

Mike Adams
  • Port Chester, NY
Posted Jan 21 2021, 07:24

Just received notice from my bank that they are accepting new apps for PPP 2. I am up in the air on applying or not. The 1st PPP helped a lot with our self-storage employees, but we're okay right now. I am also concerned that if we apply again, and receive it, the bank may decide we're too much of a risk and pull our credit line.  I did have to tap it last year prior to the PPP, so it is nice to have as an emergency line.

What are you guys and gals doing?

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