SBA Disaster Loan and Pennsylvania State Financing Programs to Help Small Businesses Survive COVID-19 - Shared screen with speaker view
Suzanne With The Traveling Hair Salon
i can't hear
Do we provide back up with initial application or wait to hear from SBA for Docs?
Could the EIDL funds be used for industry association membership dues (for continuing memberships)
Is there a link to these slides?
and what back ups are required for EIDL?
Will SBA take a 2nd or third place on the UCC on business, if we have lending banks in the first place.
We are a non-profit and not "owned" by any one person. Who would have to provide personal guarantee? What do I put in the "Business Owner Information" section?
As a sole-proprietor, what documentation is needed to show use of funds EIDL advance or loan? Personal and business expenses?
How do I print the pages of the application as I complete each page so I have a record of my answers on the application ?
I took screen shots for mine
If a person has only an EIN but not a SSN, are they eligible?
I've heard the EIDL loan documents are sent to the physical address. Is there a way for these documents to be sent digitally, given the stay at home directives in most states?
I took screenshots of mine as well, but they came out very small. So there is no way to print the completed application a the end or a review ?
When or if the SBA calls, will their number be identified or will it look like spam ? Does the SBA customarily use only email to communicate ? I don't want to miss any communications from the SBA.
If we have applied for a PPP loan but not heard anything yet, can we also apply for the EIDL?
Can the funds be used to pay sub contractors?
Are E-2 or L-1 visa business owners eligible? We heard they are but not in priority.
Can I use EIDL funds to purchase equipment and materials for operating my business?
can I still apply for grants and loans for my nonprofit WOMEN'S house everything had to stop because of covid 19 I was looking at houses
That question was meant for signing the loan documents
Thanks! that was really helpful, our understanding was that SBA was mailing loan documents to the physical address of the business, so that is really good to hear
Thank you - E-2 or L-1 visa do not have green card.
I don't have a address yet for my nonprofit can I still apply
If we have applied for a PPP loan and haven't heard yet, can we submit an application for the EIDL?
how does the PPP program identify income for a self-employed person ?
In addition to interest on mortgage, is interest on any debt covered per the latest revision?
Is a self employed person , that is a sole proprietor, considered an employee for the purposes of the PPP ?
Do the employees go off of Unemployment? Can owners get paid through this?
What is the last date for applying for forgiveness?
can we include costs related to dependent insurance, or only employees?
What should workers do if they've already started to receive unemployment benefits when the PPP funds kick in and they are rehired?
Where can we get a copy of the table comparing the loans
My business is an essential business, but we have shrunk our operations to a skeleton staff and have changed our model significantly. To satisfy the PPP we are asking employees to come back and we are "creating" work for them. But employees are scared to come to work in fear of exposure. We are in an uncomfortable position. How can we hire back our employees when the governor has us indefinitely on a stay order? Please advise.
As I understand it One cannot use the EIDL funds and the PPP funds for the same expense
how will they determine amount of self employment income for seasonal business sole proprietor?
if I have not filed 2019 Taxes does the PPP program use my 2018 Sch C as the basis for the line 31 income metric ?
Could you please share Solomon's email address? I haven't been able to catch it all …
Under PPP "Rent" includes CAM expenses?
If we were to get both PPP and EIDL loans, can we accept both and use the EIDL loan for payroll costs after the 8 weeks that the PPP covers?
Kate great question
Utilities - also includes transportation? can you define what that is
What is the level of income to qualify for small business as a non profit?