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CARES Act Breakdown for Business Owners - Shared screen with speaker view
Susan Hayes
13:17
Could you let us know what it looks like?
Eric Wilson
13:27
it's just the preso he's sharing
Susan Hayes
13:38
Got it! THX!
Mary Ann Staff
14:49
Is anyone having a hard time with volume. One minute I can hear Mike and the next it is fuzzy.
Susan Hayes
15:05
Turn it WAY up!
Brenda Martin
15:21
no, I can hear fine!
Daniel Levison
15:30
Can you record this?
Frances Johnson
16:40
mike is recordin
Kirk Martin
22:52
Can we get a copy of this presentation? Thanks
Jessica Gowen
23:56
what happens with part time employees? I have almost all part time employees.
Jessica Gowen
24:39
how does this affect hourly service providers? do I need to pay their average number of hours during the loan period even if they are not able to see clients?
Samir Ahmed
25:04
That form is already online … https://covid19relief.sba.gov/
Jessica Gowen
25:47
what if we spend - chunk of money on rent payments vs payroll?
Susan Hayes
27:28
Do we include ourselves if we are the business owner?
Jessica Gowen
32:11
can a business that is only a few months old (nov 2019 opening) apply for EIDL?
Samir Ahmed
35:07
Will you be helping your clients apply for these loans?
Jessica Gowen
37:04
what happens if we filed for partial unemployment for our employees and now want to do the PPP loan
Daniel Levison
38:55
If 2019 tax return hasn’t been filed but ends up over the threshold, but 2018 wasn’t. Will you have to repay?
Alejandro Diaz
41:30
What is the interest rate on the EIDL loans?
Frances Johnson
41:41
I repasted the presentation
Susan Hayes
41:46
Do we include ourselves if we are the business owner?
Ellen Green
41:49
What If gross salary and it is over the $75K but under 99,000
james marino
41:55
can i get a copy of this presentation?
Ron Parson
42:09
Can rehire employees? Can independent contractors be put on payroll?
Ron Parson
42:55
Can we get copy of notes from this webinar that were on screen?
Robert W Charlton
43:06
What happens if an employee you currently have on payroll, quits during the 8-week period?
Daniel Levison
43:21
Are you going to email the presentation to
james marino
43:57
is there a cap on the PPP?
Daniel Levison
44:04
Do real estate partnerships qualify for these loans
Greg Chickneas
45:33
Can we hire you to help us apply for these loans and ensure we take advantage of everything we quality for?
Yoni Mizrahi
46:49
can you share the link for the ppp grant?
james marino
46:57
Is there a maximum $amount on the PPP
Susan Hayes
47:16
Do we include ourselves if we are the business owner?
Jessica Gowen
47:47
if we already submitted under the EIDL, how do we request the $10k emergency grant?
Laura Rosen
47:52
Where will we find the recording of this presentation later?
Kevin Maloof
48:12
Can Non-Profits Apply for the loan?
Daniel Levison
48:48
Can you apply for the PPP loan and the loan that was option that has to be repaid
tim harrigan
49:26
Applied for EIDL last week, should we hold off on the PPP app or go ahead?
Robin Boyar
50:01
can I apply for a loan being a loc and not being able to pay myself during this
Alejandro Diaz
50:03
What is the interest rate for the EIDL loans? (the ones you have to repay in full) is that capped or varies on individual
Robin Boyar
50:12
llc
Daniel Levison
50:28
What type of proof has to be provided that your business is actually hurting as a result of COVID-19 and the economy down turn?
Mitchell Anderson
50:51
2.5 times payroll - is that ONLY FTEs? Or all payroll?
Matt Parisi
51:29
What if your business is done primarily overseas? I have a client who's business is in selling communication equipment. 80% of their business is done in Southeast Asia, so they are getting crushed. Will they be able to qualify for these loans?
Daniel Levison
52:09
Is PPP debt forgiveness reduced by state short term unemployment benefits? (GA business - referring to the unemployment benefits where employee isn't required to register with GA DOL)
Souhaila Hadid
52:15
I only pay rent, supplies and myself will I qualify for the PPP loan?
Mitchell Anderson
53:16
are part time salaries included in total payroll for PPP loan? Or just FTEs?
Susan Hayes
53:19
I don't pay myself, how would this work?
Susan Hayes
54:01
Thank you!!
Susan Hayes
54:07
Thank you!
tim harrigan
54:07
thx mike, good work
Souhaila Hadid
54:19
i just changed my insurance right before the crisis
Hillary Heath
54:23
thank you!
abhishek shah
54:25
Thank you
James Heath
54:31
thank you
Alejandro Diaz
54:33
Thanks!
Ron Parson
54:35
Thanks Mike great info.
Michael McGuffee
54:36
Well done, thanks Mike!
Felippe Marques
54:39
I am a self-employed LLC business owner who does not take a consistent salary. Can I put myself on payroll to collect my management fee/guaranteed payments through a PPP loan?