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MaclovioBrown

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Everything posted by MaclovioBrown

  1. Guess we need more IWA and UTRGV on the schedule Sent from my iPhone using Tapatalk
  2. Megan Rapenis Sent from my iPhone using Tapatalk
  3. Hot Sent from my iPhone using Tapatalk
  4. Cannot be serious. Closer and closer to leaving this fucking country Sent from my iPhone using Tapatalk
  5. Nixon was in tough competition with Williams for 3rd in the fall.
  6. He exhales when he pitches and it’s really loud you can hear it from the stands so people call him the cobra but el because he’s from McAllen😂😂
  7. Aaron has been told he is the closer for now.
  8. Have to throw in props to Aaron Nixon for his first college pitches. 9 pitch inning with last one clocking 97 makes me proud. Have watched him since he was in grade school. Plus he is dating my step-daughter. Hook-em
  9. Plus he drives a poor man’s Socata. Weak glass
  10. He showed up with his dad on an episode of Going RV sometime back. Definite attention horse
  11. Amen VA. Your two are locked in and the new portal is better but still causing fits. Biggest problem is that the original SBA 10-digit loan number is needed for input and approval and many of the big banks fail to reference this number in any of their documentation. We have stack of apps in limbo over the long weekend. That said, we have a small backlog and can easily get any of you second draw applicants secured over the weekend. Big banks start on Tuesday and who knows where you will stand in the queue of thousands. Shoot me or CaboWabo a PM and we will forward our package to you.
  12. Now looks like EIDL deductions from PPP forgiveness payoffs being repealed retroactively. Big plus for those who have remaining balances Sent from my iPhone using Tapatalk
  13. More details emerge on PPP 2.0. Our existing group is queued up for reload assuming each business qualifies under new guidelines. PM me or CaboWabo if you want to take the 2.0 ride with us. We’ve relaxed our PPP cap and can comfortably assist more: COVID RELIEF BILL DETAILS EMERGE AS VOTING BEGINS ON THE HILL 5,593. That is the number of pages in the "Consolidated Appropriations Act, 2021" -- the COVID relief bill that has passed the US House and is likely to pass the Senate later this evening. It is thought to be the largest bill in Congressional history. There are A LOT of nooks and crannies in a bill of this length, so it will take some time to comb through it to identify all the banking-related impacts. However, here are key elements of the legislation: HIGHLIGHTS Small Business Provisions: What will the second round of PPP look like? ● First time applicants will be allowed; ● Previous PPP borrowers are eligible for “PPP second draw” loans if they can demonstrate at least a 25% reduction in gross receipts; ● Borrowers in the Accommodations and Food Services industries (NAICS Code 72) may receive loans up to 3.5X average monthly payroll costs, all other industries will be at the original 2.5X monthly payroll costs calculation; ● Lender compensation will be tiered: for loans up to $50,000, the lender process fee will be the lesser of 50% of the principal amount or $2,500; for loans between $50,000-$350,000, the lender fee will be 5%; and for loans $350,000 and above, the lender fee will be 3%; ● Simplified forgiveness for loans of $150,000 and below. While this provision isn’t exactly the language found in Sen. Cramer’s S. 4117, he was able to get the one-page attestation and final language much closer—definitely an improvement; ● PPP program is set to expire on March 31, 2021; ● The bill repeals the EIDL Advance Deduction and directs the SBA to issue rules that ensure borrowers are made whole if they received forgiveness and their EIDL was deducted from that amount. PPP Timing? We do not know when the PPP pipeline will be reopened. We do know that the SBA must publish the one-page loan forgiveness attestation within 24 days of enactment. We will continue to update you as information becomes available. More details on these items and fee information contained in the bill's small business provisions can be found HERE.
  14. Seriously, it’s a privilege to help. Sent from my iPhone using Tapatalk
  15. Initially 75% to payroll and 25% to other qualified expenses ie. rent, utilities, mortgage. Later revised to 60% payroll, 40% other qualified. Sent from my iPhone using Tapatalk
  16. Playing catch-up on discussions. Most large banks are telling customers to hold tight on submissions so the 60 day clock doesn’t start on them before they are ramped up. We have uploaded probably 20 of the 86 loans we booked and something like 15 have already paid off. If your loan is at or below $50k use the Form 3508S. No need to send bank supporting docs, but you need to retain for 6 years (last paragraph on 3508S instructions). S form payoffs are coming back in a matter of days. The long and ez form applications are taking a few weeks. Rumors on second round qualifications appear to be for businesses that show 50% drop in revenues over prior year. No more detail than that so far. Hook’em
  17. Wake up Bregs Sent from my iPhone using Tapatalk
  18. Wake up Bregs Sent from my iPhone using Tapatalk
  19. Me after tonight’s game Sent from my iPhone using Tapatalk
  20. We’re headed back to Concan for 2nd time in a month. Found a place called El Rods on the Frio during a bike ride last visit and was really impressed. Mature Oaks, Giant Cypress on the banks and a great swim area and my flamingo signal delivers tomorrow.
  21. And before I catch shit, it tailwrapped on the way in. Otherwise, would’ve been a release Sent from my iPhone using Tapatalk
  22. Cajun was it you or Lat who gave up this hook when it was you on the clock back in 97? Can’t remember, but thank you. Only blue I’ve ever caught. Sent from my iPhone using Tapatalk
  23. Brothers and I have a cabin in Hackensack 50 miles NW. Thanks for the PSA on Cuyuna. Now have reason to ship my Spectral up next summer
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