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How to Successfully Apply for PPP Loans, Grants, and Other Funding in 2021 - Shared screen with speaker view
Peggy Jensen
14:31
overwhelmed
Sarah Go
14:50
To join our poll, go to slido.com and enter #D790
Theresa Gouin
15:27
unfamiliar
Ronda Smith
18:45
hello from Garland, Texas
Andy Gorman
21:15
explanation of the fte calculation would be great!
Valerie Gaston-Medina
21:28
Good Morning from Manhattan NY. Very Stressed and confused
Stephanie Szajko
21:37
Hi, Stephanie Szajko from South Bend, Indiana!
Nilsa Sanchy
21:58
Good evening from MA
Jean Bourn
22:05
hello from Bennington VT
Callie Hecht
22:21
hello from columbus, ga
Marybeth Simoneit
22:56
my banker and my payroll company are the best resources for PPP loans/paperwork
gertrude mcknight
23:35
Hello from Milwaukee, WI
SAMIRA HABIBI
23:50
Hi. Samira Habibi from Iran
yvette jackson
24:00
Marybeth who si syour bank and payroll company
Aneesa Abdul
25:42
Applying for the 2nd round of the PPP loan do you have to include your grants that you received in the revenue quarter you are using as a sole proprietor?
Marybeth Simoneit
26:10
Yvette...work with YOUR banker and payroll company.
yvette jackson
26:42
During the first round forgiveness my bank has been horrible :(
Doreen Williams
26:59
I opened July 2020-, but my bank states its not when I was licensed but when did I get my Secretary of State letter officiated wheich was in 2019
Brian Blessing
28:53
We had been operating as an in home childcare business and did not have an EIN (employer identification number). We expanded the business after the lockdowns to to a primarily outdoor preschool/childcare still out of our home. Just curious if this business change would be considered a ‘new business’ and disqualify us?
Hetal Selarka
30:32
For loan to be considered necessary, do they ask for financials or bank statements?
Aneesa Abdul
30:52
Brian Blessing you can use your ss #. I have EIN, however they wanted my ss #
Brian Blessing
31:53
Thank you Aneesa
elena vdBaan
31:57
Can it be what the payroll company charges a company
Doreen Williams
32:02
Hi BRIAN BLESSING , I am a home childcare also , what state are u in ??
Renee Boyle
32:04
Do we have to apply through the same lender that we worked with last year? The big bank will likely get their funding well after the small lenders.
yvette jackson
32:10
will we get a copy off all the slides?
Olga Odhiambo
32:33
I started my business in 2019 and hardly made any income in 2019. I had no payroll costs in 2019 and hence did not apply for the 1st draw PPP Loan >>>>> For 2020 however, my income increased (compared to 2019) and also had payroll costs from August to December>>>>> my question is, can I apply for the PPP loan?
Tina Wang
32:58
Does the owner self-pay amount can be included in the "Payroll Cost" calculation?
Theresa Gouin
34:48
Is PPP different from the CARES Act money?
Alise Baldwin
35:10
@Olga....I believe you will qualify for 1st draw. That loan is based on full/part time employees, etc. Check with the lender. All they can say is no! the 2nd draw is the one that has the requirement of a 25% reduction in revenues.
Olga Odhiambo
35:38
Thank you!
Brian Blessing
35:48
My bank still hasn’t opened up their process (its a regional bank - Umpqua). Is there value in waiting to complete the loan with the bank I have a relationship with, or should I just try to go through PayPal or someone like that?
yvette jackson
36:05
is the 2nd draw application available now?
Dawn Gettler
36:44
what happens if someone resigns during the course? So they choose to leave due to another job, etc?
gertrude mcknight
37:01
Can you increase wages and still get forgiveness?
Alise Baldwin
37:13
For us, personally, staying with our bank even though they tend to run behind others, is that they have quick access to our banking docs to justify loan forgiveness. Also, I can put a face with customer service and get more personalized service.
yvette jackson
37:58
if someone I son long term disability but didn't work and suddenly comes back will she count as an employye during the time she didn't work?
Alise Baldwin
40:31
@gertrude...not sure what you are asking...you are wondering if increasing wages takes the place of FTE for loan forgiveness (first draw), is that what you are asking? I would go online and grab that SBA forgiveness form for reference and then check with your lender.
Charlotte Spence
40:48
Back and forth with the banker
gertrude mcknight
43:59
due to covid the census was reduced. the employees are not making the $15/hr. minimum wage that lobbist are trying to bring about. It would also be a hazard type pay for those frontline workers.
Rosa Anita Cerda
46:00
2020 tax returns? No one has filed yet, IRS not processing till February
WING
46:48
Larry was kicked off
Keyanna Murrill
47:36
I had a lot of luck with small online lenders for the first round.
Oscar Tang
48:25
FYI: I see PPP applicants data are being published on federalpay.org.
Jennifer Posada
48:45
if one bank doesnt have an application ready (capital one) should we just apply with our other bank PNC? or should we stick with capital one. we have two business accounts
Keyanna Murrill
49:09
Kabbage was a great lender for the first round.
Rameka Bolt
49:36
any recommendations for online?
Keyanna Murrill
49:41
BOC in Brooklyn, NY is a great Brooklyn community lender.
Aneesa Abdul
50:01
I used pay pal and was approved and forgiven for the 1st round
gertrude mcknight
52:33
yes we get copies and slides
Jerelyn Weber
53:15
We used B of A and things went well for the funding. Applying for the forgiveness has been a different story!
michelle wright
53:17
any good accountants in Illinois?
Aneesa Abdul
57:04
Are there any panelist answering any of the questions?
gertrude mcknight
57:58
no Q&A in this session, sorry
Sarah Go
58:29
To join the poll, go to slido.com and enter code D790
Theresa Gouin
59:32
Is PPP different from CARES Act
Brian Blessing
01:00:37
Doreen Williams I am in Washington
Rameka Bolt
01:02:36
what is CCR& R?
Rosa Anita Cerda
01:03:10
CCR is child care regulation
Marybeth Simoneit
01:03:20
Rameka- Chidcare resource and referral agency...usually each county has one.
Sarah Go
01:05:26
Here is the Gusto spreadsheet: https://gusto.com/covid-19/small-business-financial-relief
Rameka Bolt
01:06:26
thank you
Erika Unger
01:06:42
does someone know or applied for playground grants?
Sarah Go
01:06:45
To join the poll, go to slido.com and enter code D790
Sarah Go
01:09:25
Access your certificate here: mybrightwheel.com/webinar12121
Sarah Go
01:10:41
Access our eBooks here: https://mybrightwheel.com/ebooks/
Doreen Williams
01:11:09
This was great !!
Doreen Williams
01:11:24
Thank you HANNAH
Sarah Go
01:11:30
Follow us on Facebook: https://www.facebook.com/mybrightwheel/
Dana Luster
01:11:41
This was great! A lot of information.
Jennifer Posada
01:11:48
Thank you!!
Ronda Smith
01:12:11
thank you so very much for today..
Melissa Cornelius
01:12:12
Thank you for this webinar, it has been very informative!
Keyanna Murrill
01:12:21
So very awesome. Thank you!!!!!!!
Yan Li Liu
01:13:05
Thank you Hannah
Valerie Gaston-Medina
01:15:59
Thank you Hanna
Valerie Gaston-Medina
01:16:18
Just waiting for the link to download the Cert
gertrude mcknight
01:17:03
link was already given
gertrude mcknight
01:17:51
Good news! Thank you.