
01:23:22
what do you do if when you applied for the loan your reported all employees not by FTE

01:24:44
Are you exempt from employees that found other employment opportunities once they were temporarily laid off? You wouldn't be able to get a resignation letter from them because technically they were no longer working for you, but they did find another job and did not come back to your company.

01:26:35
Please send Questions to “PPP Questions” and we will do our best to get to them. If we run out of time, please join our PPP Advisory Program and we can help you with all of your specific questions with 1 on 1 calls with myself or John Jakovenko

01:27:16
What are considered "Utilities" is IT one of them?

01:27:49
Can you confirm the "8 week" period begins the date of loan distribution?

01:28:21
If you’re interested in the PPP Advisory Program, just send your email address to “PPP Questions” on this Chat, or email John at JJ@SparksLawPractice.com

01:28:49
@Cayenne, yes, the period starts the date you received the funds in your account

01:29:12
Would we be eligible for Safe Harbor if we had an employee pass away during this time?

01:29:34
What if you weren't given a large enough loan to cover your payroll? There was no logic to the payroll amount that was multiplied by 2.5. It was not large enough to cover our payroll figures that were submitted to our lender.

01:31:02
1. After PPP one can claim Unemployment, correct?2. Can you bring on your child to make feb 15th number3. Can you give everyone including yourself an increase for “danger pay”

01:32:44
What if you hire independant contractors

01:34:02
what if you are the only employee along with your wife of the business? Will this forgiveness program work?

01:34:36
What documentation is needed for Sole props?

01:36:22
ppp program ibclc@breastfeedingatlanta.com

01:37:53
How about cell phone plans in utilities?

01:39:30
Can you count cost of leased equipment

01:39:50
For Wage Reduction calculation, should we convert salaries to the hourly equivalents?

01:39:53
We are a service business with 9 vehicles. Is the fuel and maintenance on vehicles an eligible expense

01:43:21
I am a business owner and did was not on payroll before my office closed. can I “hire” myself and start paying myself and caping myself towards the FTE number?

01:45:15
Can we convert independant contractors to employees

01:45:27
We received PPP funds already, but did not include owner's draw since we didn't know that was allowable. Are we able to submit another application for just that amount?

01:45:54
What if we accidentally reported the wrong FTE number on the PPP application? I over counted and counted my part time employees as full time. what should I do?

01:46:24
What kind of documentation do I need to pay myself as salary of an LLC to get forgiveness. Can I transfer money with a note of payment?

01:46:25
I thought owner compensation had to be in place in 2019 in order to count. Is that not the case?

01:47:10
For payroll definition purposes, "payroll" includes the actual payroll amount and the payroll tax amount as well, correct?

01:48:33
yes

01:50:02
Can we wait until close to the end of the 8 weeks and run a payroll to make sure we use all the funds? Or do they look at the payroll for each pay period?

01:51:13
Thank you!

01:51:13
We are a service business with 9 vehicles. Is the fuel and maintenance on vehicles an eligible expense

01:52:15
I never put myself on payroll as a W2 employee. Can I add myself now and have that amount count towards the PPP and count myself as one of the FTE number? I was not a W2 employee ever before (I am a startup practice).

01:54:06
If our 8 weeks ends before 6/30, which date applies ?

01:56:33
Please send me the slides for this presentation and the recording to wallstreetproperty@gmail.com