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PPP Forgiveness Update- Navigating the Paperwork Nightmare! - Shared screen with speaker view
Kim Tuzzo PIA
08:44
Please mute yourself now.
mjones
08:59
I'm in now Kim thanks
Kim Tuzzo PIA
34:53
Feel free to chat any questions you might have now.
Peter Coon
36:27
the tab for expense of non payroll was broken down by week. however you said by month. How should utilities be filled out?
Kathy Hammond
38:40
Does the period end when the money runs out? All expenses for the covered period do not count?
Janet Greebel
38:43
wouldn't it be easier to use the EZ form without so manyquestions if the payroll was used up at the 60% before the 24 weeks deadline?
tomquartier
40:22
can a bank count the PPP loan against our loan ratios at year end and call the notes?
Joe O
40:53
We are planning on using alternative covered period from 2019 as our baseline pay period. If there were employees from the 2019 period that left prior to the funding of the PPP loan, will that count against us in regards to the compensation test? We are okay with the FTE test, but we utilized different employees to fill certain positions during the covered period
Janet Greebel
47:42
some our full time employees work only 36 hours a week, not 40,, how is this handled?
bobz
52:45
I had a follow up to the 3508EZ question. We appear to qualify based on checking the second box of the form. But you are stating we cannot use that form? Correct?
swarren
56:14
what expenses are considered transportation under the non payroll costs?
mjones
01:00:40
GAA Members - I emailed each of you the calculator last week...please let me know if you need assistance
bobz
01:01:31
Thank you.
Peter Coon
01:02:17
thanks for the time. helpful for sure