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SFAACC Leadership Dialogue Forum with the SBA District Director - Shared screen with speaker view
Anietie Ekanem
11:09
This is GREAT. Thank you, Anietie herre.
Anietie Ekanem
11:49
Thank you SFAAC and other chambers for taking this up.
Carl Davis Jr
15:46
from carl Everyone will get this deck so don't have take notes, right Julie?
Rightvarsity Technologies
17:38
How about new employees?
Anietie Ekanem
19:03
Aer there restictions on the type of business?
Carl Davis Jr
20:02
NO chambers 501c6 ?
Rightvarsity Technologies
21:54
Can we hire new employees with this money?
Madelyn Mackie
22:29
How abour 1099 employees, do they count as em0loyees under PPP or the 10k EIDL grant?
Madelyn Mackie
31:05
If you are a home based business, does your apertment rent or mortgage and utilities count for the 25% other expenses in PPP and qualified expenses for EIDL. Thanks!
Rightvarsity Technologies
32:37
What if it is a company that was registered in February 2020?
Carl Davis Jr
32:55
Banks have already CLOSED taking on new PPP applications !!
tejesh mistry
33:16
if we applied to EIDL before March 30, is there a possibility to still get the 10K amount?
tejesh mistry
33:37
and also is there a way to check on the status of PPP and EIDL loans applications?
Carl Davis Jr
36:23
If your business didn't pay you until Jan 1st 2020 do you have to use the entire year 2019 when calculating your salary/payroll request?
ketho095
39:45
What loans do you recommend for small businesses that have had to let all employees go. We are just open for takeouts and deliveries and it is just the family running this to "stay above water" to pay our rent, electricity and food supplies but need a loan to help until we can open the entire restaurant and hire my employees back.. What can we apply for? Is there anything out there for us to qualify for that does not have a requirement to have employees
Carl Davis Jr
40:25
What forms are needed if you apply for PPP loan and what time frame do you have to return the needed forms
Eryca Neville
44:46
To be eligible to apply for PPP at Bank of America or Wells Fargo their sites say "you must have a small business lending and small business checking with them as of February 15, 2020 and do not have a business credit or borrowing relationship with another bank" Has this been addressed by SBA?
Madelyn Mackie
45:42
Is there any additional criteria for the 10K grant? Is it based on # of employees or do all small businesses qualify for the full 10k advance no matter their size.
Madelyn Mackie
49:35
For home based business (coaches, consultants, professional speakers), do home mortgage and rent payments and utilities count towards the 25% qualified expenses on PPP additional expenses.
Dwayne Jones
50:52
This was extremely informative GREAT job putting this together Matthew and SFAACC! You should do this for city resources at OEWD as well??
Rightvarsity Technologies
51:56
Can we hire new employees with the PPP Loan?
HC
52:53
Will Fed Reserve Bank likely lift the asset cap limit imposed against Wells Fargo Bank?What's the SBA's timeframe regarding receiving the $10,000 EIDL advance?
Eryca Neville
54:30
was she aware BOA and Wells would not work with non customers?
Madelyn Mackie
57:58
AWESOME! Thank you so much for spending the evening with us.
Rightvarsity Technologies
59:27
Thank you very much. This is very helpful.
Rightvarsity Technologies
01:00:33
Thanks a lot, Matthew. Keep up the good works!
HC
01:00:34
How do you calculate other allowable expenses under PPP since the form does not currently provide any guidance?
eleasecheek
01:01:13
OMG this information is GREAT!!! Thanks, Elease
Eric Betts
01:01:22
Thanks for the setting this up. Gotta run to next meeting...
Romulus Asenloo
01:01:24
Thank you very much; very informative. Thanks Matthew for inviting me
HC
01:01:33
Mr. Eugene Cornelius said hello to you, Julie!
Eryca Neville
01:01:48
should you apply to multiple lenders?
Carl Davis Jr
01:04:34
Fred we can hear you
Rightvarsity Technologies
01:09:22
Thanks a lot, Julie.
Cupertino Chamber
01:10:33
Thank you everybody, this information is very value for all our members. Julie, Matthew, Cupertino Chamber appreciate your time making this possible.
Eryca Neville
01:13:36
Thanks so much!