
15:21
It is my understanding that banks can participate in the PPP program as well.

15:46
Any clarification on whether 1099 reported payments are included within payroll for purposes of determining the loan amount?

17:16
We are not currently a SBA Lender. What process must we follow to participate in PPP Loans.

20:22
https://www.sba.gov/document/sba-form-750-lenders-loan-guaranty-agreement-deferred-participation

20:37
Above is the link to the SBA's 750 form.

26:01
Regarding the "100%" SBA guaranty, what is the risk that the SBA denies the guaranty based on a technicality?

26:26
Do we need an SBA Packager for the PPP?

26:44
The Act seems to say that we will not be paid by Treasury until after the forgiveness period. Are you saying that we will get the money up front?

27:20
Can you explain the debt forgiveness of the debt and there is also a section that discusses a decline in the SBA guaranty to 85% and then to 75%.

28:29
Are banks or financial institutions eligible to be a recipient of the PPP program as well?

28:54
Will the PPP applications be filed through the SBA Online Portal and be given an Approval Number once filed?

29:11
Jerry, it is my understanding that a financial institution is eligible for the program.

31:00
Are seasonal and part time employees included?

31:19
the mics have been unmuted for questions. you may mute yourself if you wish

31:23
Is there any type of farming operation that would qualify for the PPP program?

31:33
Since the SBA is waiving their fee's is their any monthly back office reporting required on these loans like with other 7A and Express Loans

31:35
discuss the decline in the SBA guaranty percentage after 2020.

34:36
Is there a gross revenue limit on the business to apply for a PPP?

36:33
What documentation will be required to prove that the funds were used correctly to receive debt forgiveness?

37:15
Under PPP, Can you apply for more than 2.5X those particualr costs? knowing only 2.5X is eligible to be turned into a grant?

37:33
Treatment of interest during the covered period and prior to forgiveness/reimbursement?

39:41
Is there a maximum asset size for businesses that apply for the PPP loan?

40:01
if employees have been laid off can they be rehired since funds have been made available

40:05
Apparently the Treasury changed their mind late last night and banks aren't eligible for the PPP.

44:22
Are the PPP loans fixed at 4% for the entire 10 years?

46:22
Do MRB's qualify for this program?

48:11
My understanding is MRB’s are not eligible.