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03-28-2020, 01:09 PM |
RINGLEADER |
This message has been deleted by RINGLEADER.
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03-28-2020, 03:59 PM | #2 |
In Search of a Life
Join Date: Jul 2009
Casino cash: $2504064
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After staying after bankers all day and speaking to my CPA and mililo, i would definitely recommend a few things mentioned here.
Get in touch with your banker. They'll have info for you. Start getting some numbers together of what your normal expenses and payroll per month are just so you have it all ready. I am not sure about the EIDL. I don't think i'm going to fill that out right now, i'm gonna see what happens with these other options first. I'm hopeful that if we can get thru the next 2 or 3 months, things will settle down a little bit. |
Posts: 81,434
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03-28-2020, 04:04 PM | #3 |
Supporter
Join Date: May 2005
Location: Who knows?
Casino cash: $2665884
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What bank is open on Saturday?
That's big-city stuff right there. |
Posts: 83,548
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03-28-2020, 04:15 PM | #4 |
In Search of a Life
Join Date: Jul 2009
Casino cash: $2504064
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Posts: 81,434
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03-28-2020, 04:08 PM | #5 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $1460477
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I own and run two LLC's but have no employees and don't actually draw a salary myself. Do I qualify for anything???
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Posts: 40,388
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03-28-2020, 05:33 PM | #6 |
Veteran
Join Date: Jan 2017
Location: Orlando, FL
Casino cash: $2950400
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Posts: 3,230
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03-28-2020, 06:02 PM | #7 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $1460477
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Well after looking into it and I don't have employees BUT I do send out 1099s and that should make me qualify. Thing is I don't know yet if rents will come in, my two highest renters are in the restaurant business so I know they are shut down.
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Posts: 40,388
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03-28-2020, 07:00 PM | #8 |
In Search of a Life
Join Date: Dec 2001
Location: Confusion, USA
Casino cash: $8590503
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This is my question — do they calculate it based strictly off payroll or does it include freelancers/people who get 1099s.
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Posts: 46,706
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04-02-2020, 06:21 AM | #9 | |
Veteran
Join Date: Jan 2017
Location: Orlando, FL
Casino cash: $2950400
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Quote:
The reasoning is that independent contractors and sole proprietors can apply for their own PPP, so in a way, that would be "double dipping" if the business also included those payments.... |
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Posts: 3,230
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03-28-2020, 07:08 PM | #10 | |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $1662250
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Quote:
I send out multiple 1099s, but no one actually works for me full time either. The mother ****ing multinational cock sucking packer oligarchy sure a hell hurt my income and are still doing so via workforce shutdown rumors and other market manipulation tools. |
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Posts: 8,274
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03-28-2020, 07:25 PM | #11 | |
Always ask 'Why?"
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
Casino cash: $2092400
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Quote:
Everyone apply for both. More info is coming. |
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Posts: 2,929
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03-28-2020, 07:33 PM | #12 | |
In Search of a Life
Join Date: Jul 2009
Casino cash: $2504064
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Quote:
Here’s a good starting place |
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Posts: 81,434
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1 0 |
03-28-2020, 07:16 PM | #13 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $1460477
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Take it for what its worth
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Posts: 40,388
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03-29-2020, 08:25 AM | #14 |
Always ask 'Why?"
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
Casino cash: $2092400
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From a SBA rep:
Disaster customer service - https://www.sba.gov/funding-programs...ter-assistance Disaster loan application – https://disasterloan.sba.gov/ela/ To determine your NAICS code – https://www.naics.com/naics-identification-help/ To determine your NAICS code small business eligibility – https://www.sba.gov/size |
Posts: 2,929
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03-29-2020, 08:51 AM | #15 |
11-5, baby
Join Date: Sep 2005
Location: Livin the dream
Casino cash: $2191557
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Doing well at this point.
Still signing up clients, new staff member starting Monday. Setting up a VOIP system and using the savings on software and advertising. Slowdown in medical treatment is gonna **** me later, tho. |
Posts: 22,416
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