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Join FINOVA before it fills up: https://pro.finova.finance Some massive changes have been made on PPP guidelines after a House vote today. In this video I’m going to go over the details of what was passed today and what we can expect next. If you need excellent moving services give Skinny Wimp Moving Co. a call at 602-412-3325. https://skinnywimpmoving.com Get 2 FREE Stocks Valued Between $12-$1400 when you deposit $100 into a WeBull brokerage account: https://act.webull.com/t/X1eTd9ityFvU... List of PPP lenders that don't require an existing bank account download link: https://mailchi.mp/26ef0b5a86af/ppp-l... See how large of a forgivable loan you are eligible for! Download the PPP Calculator here: https://mailchi.mp/e7f3ad1f1f91/ppp-v... Subscribe for a profitable day: https://bit.ly/2HdKrSI Get emailed to be notified of new posts and exclusive content. No sales. No BS. http://eepurl.com/gWantb Check out my blog for more content: https://maxwellmaher.co Follow my Instagram for extras and additional content: / maxwell_maher There have been major issues caused by the PPP where many eligible businesses receive funding but then are left to only benefit from part of the forgivable loan due to the rigid guidelines of the program. Today the House has passed a bill that addresses the issues small businesses are having. Here’s a few stories that highlight the implications of the rigid PPP guidelines. Let’s take the New York City restaurant owner who has been completely closed for months. He received a life and business saving PPP loan back on April 10th, just a few days after the program opened. Within a few weeks he realized there is no way he is going to be able to use the funding because he was stuck to spend it in 8 weeks when his businesses wouldn’t even be open for several more months, potentially. He returned his loan. Now him and his employees are stuck searching for alternative options of which there are few. The current PPP system failed him. Or we can take a slightly less extreme story. Take the frozen yogurt shop owner who has very high rent but low payroll because he runs the shop mostly himself with some part time help. His business is only just over a year old and he didn’t make much profit last year so he doesn’t have much to show for his own “payroll” either. His loan that is designed to help float the business for 8 weeks will only give him 1.5-2 weeks of relief. There are millions of stories just like these from small business owners all around the country who spent hours signing up for this program, hoping for a loan, finally getting funding, only to realize it isn’t really what they expected. Well the good news is the House passed bill should alleviate most of these issues. In this video I will go over the changes this bill presents. People have asked for a way to say "thanks" for my research/content. (Do not feel obligated) Venmo: Max-Maher-1 https://venmo.com/Max-Maher-1 For one-on-one business consulting email me at maxmahershow@gmail.com Mic I Use: https://amzn.to/34x2Pj6 4k Camera I Use: https://amzn.to/3een0a2 Disclaimer This presentation does not constitute legal or tax advice. It is provided solely for informational and educational purposes and does not fully address the complexity of the issues or all the steps businesses must take under applicable laws. You should consult your professional advisers regarding your individual situation. Max Maher undertakes no obligation to update the information in this presentation, and no representations are made that the content is error-free.