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PPP and EIDL Updates - Shared screen with speaker view
Natalia Krylov
01:31
Good morning for all
Liz Weir
05:06
Good morning! Thanks for hosting this
Melany Shields
13:20
Has the meeting started?
Kathleen Kostelnick
13:38
No sound
Rosalie Norton
13:55
Has the meeting started ….I have no audio of anyone speaking.
Janet Settle
13:57
Meeting hasn't started yet?
jennifer snyder
14:16
I think the host is having microphone issues
Kathleen Kostelnick
14:26
perhaps someone should address the group to let them know
Margaret See
14:43
And maybe remind others to mute as we can hear their side conversatoins.
Kathleen Kostelnick
14:58
I'm not hearing anything?
Kathleen Kostelnick
15:27
I can see Laura Collins speaking but cannot hear her
Emily
16:02
Kathleen, the problem is probably on your end.
Kathleen Kostelnick
16:10
I tried to call in but its closed
Kathleen Kostelnick
21:45
I still cannot hear anything just see the speaker and her power point. Anyone else?
monifa maat
23:25
I cannot see the full powerpoint with the yellow box square in the middle of it. thank you.
Janet Settle
24:09
Will you email us the powerpoint?
Dong Yan
24:26
For PPP loan, once it deposits into bank account, the using period will start for either 8 weeks or 24 weeks, is it right ? Is it possible to choose the middle 8 weeks for using PPP loan ?
Mary Stewart-McGovern
26:40
Please email the Powerpoint. It's hard to hear when everyone isn't muted and it's hard to see with the text box covering part of the slides.
Lydia Fitzgerald
28:17
can yougo back1 page. you were muted
Edgardo Rivera
29:43
please remove boxes on presentation....hard to read thank you;
Lauren Collins
31:27
We are trying to remove the yellow box.
Trevania Henderson
35:03
Does calculation of earnings include healthcare benefits? So someone who makes $95,000 but has additional healthcare benefits that add up to $111,000 would be included or not included?
T.J Haris
37:09
If you owe I.R.S but have payment arrangements are you able to apply?
Napoleon Revels-Bey
38:25
My CU is not goin to participate in Rd 2..do i have to do over my app and is their another CU that would make the transition easy?
Michael Varon
39:08
Are payroll processing costs counted as part of your monthly payroll for the purposes of loan amount?
Irfan Mandani
39:49
My question is on SBA 7a loan relief: - I know SBA is paying 3 or 8 months of loan payment up-to $9K. But what if your company has multiple SBA 7a loans (one EIN); will they pay $9K per loan or per EIN
Tracey
41:36
what is the covered period dates for payroll with the first funding?
Lydia Fitzgerald
42:20
Will there be a faster turnaround on loan disbursement in 2021? In Spring 2020 turnaround time averaged 6 weeks.
Janet Settle
43:47
If I received PPP funds and that amount was forgiven already, can I apply for the second round?
Dong Yan
45:02
Do relief fund and local grants count as part of gross receipts ?
Elda RATA
45:30
How do I apply for PPP as an Independent contractor?
Newton
45:39
my corp uses a 4/1 year start, for annual payroll calculation do we use this or calendar year?
Carline Yup
46:28
Does PPP Round 2 cover 8 weeks or 24 weeks of expenses?
Tracey
47:24
please go back to the covered period dates
Kathy Yiannoulis
52:39
Is Gross receipts revenue or cash received?
James Kelly
53:59
Do you need to have your first loan forgiven to apply for a second draw?
Mindi Rollins
54:11
If you receive a SBA Load before are you able to apply again for another one?
Rumana Huq
54:56
Our company is funded by an SBIR grant. This is our only revenue. How can we show 25% reduction in gross receipts for comparable quarters?
Lauren Collins
55:21
Lender list Ms. Lin mentioned a few slides ago: https://www.sba.gov/sites/default/files/2020-06/PPP_Lender_List_200625.pdf
Jessica Silva
01:02:28
what if I'm the only employee in my corporation? (because everyone else was an independent contractor)
Jessica Silva
01:04:23
Am I allowed to apply for myself as an independent contractor and then another with my business?
Denise Eisler
01:04:53
Are capital gains included in Gross Receipts?
Newton
01:04:58
If a company was not able to use all the 1st draw in the 8 week period that they chose and returned the unused portion then applied for forgiveness on remaining portion used or approved purpose. Can this company apply for second draw? If not how to resolve?
monifa maat
01:07:05
I would love the answer to Jessica Silva's
Rosalie Norton
01:09:22
are taxes paid to local gov. excluded from gross reciptes. so that they need to be excluded?
James Kelly
01:10:28
Do you have to get forgiveness from your First Draw PPP first to apply for a second draw?
monifa maat
01:11:39
What if you never received PPP? when and how do you apply?
Elena Cossu
01:11:53
Can you apply for EDIL 2021?
Paul Goodman
01:17:48
Hi .. i am code 72 company and i have 6 Restauarant operating under one tax ID 3 of the locations experienced a drop of over 25% for not only one qtr but the the entire year. The 3 other locations although experienced a drop in sales did not drop 25% in a qtr. Can i apply for the 3 restaurants for the 2nd draw that experienced the 25% drop? i can’t find anything that references a situation like mine.
T.J Haris
01:19:01
If you an arrangement with IRS but still owe or still eligible?
Lanping Yu
01:19:06
HI Ms Lin and Collins: any suggestion to the situation like this: gross revenue reduction is less than 25%, but the cost of 2020 is much higher than one of 2019 due to addition of new employee.
Marianna Moliver
01:19:16
how do we get this presentation to download?
Susan Bennett
01:20:02
Man-Li generally emails it after the webcast
T.J Haris
01:20:08
If you an arrangement with IRS but still owe or still eligible?
T.J Haris
01:20:11
If you an arrangement with IRS but still owe or still eligible?
T.J Haris
01:20:13
If you an arrangement with IRS but still owe or still eligible?
Elda RATA
01:20:47
Food industry business here: Where can I apply?
Elda RATA
01:21:03
Banks haven’t opened this process yet
T.J Haris
01:21:47
If you have arrangement with IRS but still owe are you still eligible to apply?
Lauren Collins
01:27:05
One more question & then we need to end this webinar
Naomi Glaser
01:27:30
when is the foregiveness weninar
T.J Haris
01:28:33
If you have arrangement with IRS but still owe are you still eligible to apply?
Andrea Alvarez
01:30:41
where can we see the webinars about ppp forgiveness
Lydia Fitzgerald
01:30:41
Thank you for this webinar Man-Li and Lauren!
Jessica Silva
01:32:17
thank you so much for this and all this information!
Susan Bennett
01:33:18
Thank you!!
Lydia Fitzgerald
01:33:19
Thank you!
James Kelly
01:33:21
Thank you