Hi, My firm received an EIDL loan from the SBA due to Covid. I'm wondering: a.) Does that money get marked as part of gross profit and/or income on our books? b.) Does the money we got from the loan count as ...
  1. Hi in most cases there were two parts to the EIDL loan. If you received two deposits the first deposit being between $1,000 - $10,000 and the second the balance ... Read more