Homewood COVID-19 Resources Video Confernece Call - Shared screen with speaker view
What is the interest rate? Is interest forgiveable? If not, when and how is it due?
To confirm, once we calculate the amount that can be borrowed for the TPP loan, we must pay employees the amount used for the calculation and the rest can be used for rent and utilities?
The have the CARES loan forgiven, do we need to pay everyone in full now or just get back to normal by June 1. Does pay until June 1 apply to employees who are still working/working at home or everyone, even those assigned 0 hours?
Does it apply to contract employees who may work for multiple businesses?
Can you consider the draw of an owner of an LLC as part of payroll even though those costs don't appear on the p and l?
Are tips included?
Extremely helpful. Thank you!
Thanks everyone! It’s been so great seeing some fellow humans!
Thank you all!
Let us know what we can do!