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Applying for the Paycheck Protection Program - Shared screen with speaker view
Donny Jones
25:02
During the presentation you can type your questions into the chat box on your screen.
jackham
25:43
Scott,
Andrea Harrison
26:21
What if your company in presently involved in chapter 11?
Jill Clark
27:13
Just to confirm, you can include healthcare benefits and state unemployment taxes in your calculation of the loan?
Cliff Thomas
27:17
In the Number of employees box do you put just number of full time employees or both part and full time?
Ronnie
28:38
In the amount of loan application what does EIDL stand for (or mean )?
Kristy Hamner
29:00
I do not have employees. I have 1099 associates. Do I include them in payroll?
Pati weaver
30:00
is the retirement amount include employee and employer matching
Patrick Jones
31:08
If an entity provides all of the information and fills out the application correctly, can SBA still deny the loan?
Leslie Hall
31:16
I have an LLC and work as an independentt 1099 contractor for 3 diff businesses under my LLc for the last 7 years and I have one 1099 freelancer part time that helps me with marketing. Do I do this PPP or wait for april 10?? My bank BBVA had to close its portal late Friday night and couldn't submit ppp thru them
Nancy Catherine
31:18
Did you say that as a sole proprietor I could NOT apply until the 10th? I am self employed and imagine that a Profit & Loss form would be reqiured?
Pati weaver
31:46
is blue cross is just the employer amount paid. or the total premiums
jackham
32:18
I have heard that SBA is interpreting the CARES Act to require the reduction of all employee costs--not just the direct compensation amount--exceeding the $100,000 (annually) in eligible loan amount calculation. Has SBA provided CPA firms and other professional consultants with guidance?
cnash
32:59
But, what about a church that has only part-time employees in counting the number of employees? How do we account for this situation?
Bobby Bragg
33:21
EIDL = Ecomnomic Injury Disaster Loan
Virginia
33:41
We have an LLC - Owners have a K-1 - is this included
Leslie Hall
35:42
Then just upload the 1099"s I get??
Amaya White
37:58
My company is brand new, started operation in January. Are we eligible?
Kimberly McMurray
40:54
The PPP form we downloaded from the SA site has a different box at the top to identify company type........where do we find the form you are showing. Thanks you!!!
Leslie Hall
43:26
Yes there a way to get the correct form in an e-sign capacity - the one I was given wont convert toa e sign type form....
Leslie Hall
45:35
What if your bank is not taking them PPP app now bc their portal got overwhelmed - mine is BBva and the portal closed within 3 hours ??
Cliff Thomas
51:27
Can you go over the example of how they compare the number of employees you have to have by June 30th to what you have when you get the loan?
Donny Jones
53:45
The new form is uploaded on The Chamber's COVID site. https://tuscaloosachamber.com/COVID-19-resources/
Charles Nash
54:01
Will you say more about conditions for conversion of the loan to a qualifying grant?
Andrea Harrison
55:24
What if you have had a restructuring of your company and you have less employees as of July 2019 to now than you had in the beginning of 2019?
Ronnie
56:14
if a company is an LLc and has only partners (no payroll) and they get a K-1 , if you make payments to the partners as draws ,is that considered a qualified item ?
Charles Nash
56:28
Is it the “sane number of employees” or “same of employees”?
Charles Nash
57:19
“Same employees”?
Nancy Catherine
01:01:15
Being uncertain of how long we might be unemployed, how are to calculate the required loan amount?
reedmcbkair
01:02:16
Please speak on the April 10 date (I am a P.C.)
Nancy Catherine
01:02:25
self employed
gina
01:05:28
Thank you for offering this. Scott was a star!
Kimberly McMurray
01:06:00
Thank you!!! Very helpful. Chamber thanks for all that you do. Be safe!!!
R.T. Floyd
01:07:27
Thank you! Very Informative!
Scott Roland
01:07:51
Thank you!
Melissa Slaten
01:07:52
Thank you. Great information!!
Cliff Thomas
01:08:09
Thanks so much!!!
Julia Sosa
01:08:19
Thanks so much