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Karyn Brown's Personal Meeting Room - Shared screen with speaker view
Karyn Brown, ExecuHive (EOSOFLO Executive Director)
18:40
Please type your questions in the chat and they will be asked after the presentation
Cesar Quintero
19:51
Are owner compensation/distributions covered for payroll costs?
Ari Greenfield
20:04
will the entire loan be forgiven?
John Pietrasz
27:35
can contractors (1099) or commissions via 1099 be included in average monthly payroll costs?
Ari Greenfield
27:42
are all payroll taxes included in the loan?
Jason Loeb
29:53
does utility payments include offsite storage, phone , internet, garbage?
Eloise
31:04
What about signing on bonus to rehire staff?
DannyTuaty
31:50
can you use the funds for mortgage AND rent or is it for Mortgage OR rent
Jason Beukema
32:32
If we moved salaried W2 employees to 1099 hourly would it still be forgiven or cancelled.
nancymeister
33:48
i have already applied for the loan through your bank. if you are only getting the money for payroll, how can you show that you are maintaining the payroll at 100% and still paying your rent and utilities- their isn’t any left.
Ari Greenfield
34:12
are funds disbursed for the rental portion, even though rental payments are deferred 60 - 90 days?
nancymeister
34:43
On the application i believe it says you cannot apply for any other loan. is there anything else that you can apply for?
Will Corrente
35:17
How are leased employees treated
David Lekach
35:47
I know this doesn't apply to you but what's the latest and greatest you are hearing about the eidl and why has none of it seemingly rolled out?
Andy Henriquez
35:53
Can my project manager and assistant who are both (1099) independent contractors be included in the average monthly payroll costs?
Will Corrente
36:24
If you have multiple businesses, can one apply for the PPP and one for EIDL if this is not shared control or affiliation
Peter Mendez
37:47
Can we apply through City National even if we are not a City National client?
Jason Loeb
39:32
i used city national bank I have been approved for the PPP and waiting on loan docs this Friday for funding. It went quickly
John Pietrasz
41:21
Will we cover the 1099 ppp in this call, if not have any other resources to suggest?
DannyTuaty
41:46
If you furloughed all your employees, what is the date you need to rehire them to qualify to have the loan forgiven? sorry I missed that date
Josh Loberfeld
42:11
Can the money be used to back pay people who were not able to be paid until the loan was given?
Jason Silver
42:29
Clarifying - you said payroll taxes are included.. This includes federal payroll matching of SS and Medicare?
Jack Fintz
42:45
I was understanding only state and local employer taxes on payroll but NOT federal employer taxes such as Social Security. Please confirm.
Jason Silver
44:26
Jack that is my understanding as well, meaning in Florida payroll taxes would NOT be included.
Jason Silver
44:49
want to clarify with presenter
Peter Zuckerman
45:15
A employee received short term disability and Z-Media needs to pick up the income to take out the taxes … How do we treat that situation
Peter Zuckerman
45:16
/?
Barry Kates
45:27
if you offer office allowance to employees who are remote in their paycheck is that covered ?
Jason Bowen
46:04
I submitted an application with Stearns Bank 2 days, however I have not heard back from them. They said the next step is that I would be contacted for supporting documents and then they would submit the information to the SBA. Since they haven’t submitted to SBA can I apply with City National?
Peter Zuckerman
48:56
Can you do the CARES and EIDL
Peter Zuckerman
48:57
?
guzman_pilar
49:36
I also want to know that cares and eider can we do both?
Andrea Tromberg
52:31
We keep hearing you cannot get PPP and EIDL at the same time regardless of how you use it. Is that not true?
wanjungao
54:02
Did they say EIDL advance is limited to $1000 per employee?
John Pietrasz
56:30
Have you heard of anyone receiving the 10k emergency grant yet? Seems no one I know has received though applied , supposed to be emergency funds
DannyTuaty
59:50
do we apply for the EIDL through a bank or directly with the SBA, if businesses are distressed how do they calculate the max amount of the loan you can get?
Cesar Quintero
01:00:09
Danny, EIDL is directly with SBA
DannyTuaty
01:00:23
thx
David Lekach
01:00:30
But no one has gotten the 10k or heard any follow up from eidl - what is city hearing about this program actually rolling out?
Jason Loeb
01:00:58
what if we get funding for employees and there is not enough work for the team. We have the money to pay them but no work for them
guzman_pilar
01:05:00
i got approved for that Florida loan and it is cap at 100k
guzman_pilar
01:05:05
i got approved for 100k
guzman_pilar
01:05:17
i have the contact of the community agency that is doing that if anyone is interested
John Pietrasz
01:05:40
^^ pilar yes link would be nice
John Pietrasz
01:05:49
@guzman_pilar
guzman_pilar
01:06:33
Brian Van HookRegional DirectorFlorida SBDC at Florida International UniversityCollege of Business1101 Brickell Avenue, Suite 300, South TowerMiami, Florida 33131P 305.779.9230bvanhook@fiu.edusbdc.fiu.edu
guzman_pilar
01:06:55
email him and you can send application to him
guzman_pilar
01:07:01
use my name
Ari Greenfield
01:08:24
thanks Karyn!