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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
01:18:27
i can't hear
jkirani
01:21:04
Do we provide back up with initial application or wait to hear from SBA for Docs?
usworker.coop USFWC
01:23:52
Could the EIDL funds be used for industry association membership dues (for continuing memberships)
Kim Smith
01:26:00
Is there a link to these slides?
jkirani
01:26:17
and what back ups are required for EIDL?
jkirani
01:27:06
Will SBA take a 2nd or third place on the UCC on business, if we have lending banks in the first place.
crisane.cook
01:28:03
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?
Mark Burke
01:31:39
As a sole-proprietor, what documentation is needed to show use of funds EIDL advance or loan? Personal and business expenses?
Barry
01:32:34
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 ?
usworker.coop USFWC
01:34:44
I took screen shots for mine
Brent Rondon
01:35:03
If a person has only an EIN but not a SSN, are they eligible?
usworker.coop USFWC
01:35:22
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?
Barry
01:35:49
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 ?
Barry
01:39:48
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.
Kate
01:42:50
If we have applied for a PPP loan but not heard anything yet, can we also apply for the EIDL?
Wyatt
01:43:04
Can the funds be used to pay sub contractors?
blandine
01:44:24
Are E-2 or L-1 visa business owners eligible? We heard they are but not in priority.
Joseph
01:46:45
Can I use EIDL funds to purchase equipment and materials for operating my business?
Belinda George
01:47:52
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
usworker.coop USFWC
01:48:17
That question was meant for signing the loan documents
usworker.coop USFWC
01:49:57
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
blandine
01:51:33
Thank you - E-2 or L-1 visa do not have green card.
Belinda George
01:51:35
I don't have a address yet for my nonprofit can I still apply
Kate
01:53:08
If we have applied for a PPP loan and haven't heard yet, can we submit an application for the EIDL?
Barry
01:53:33
how does the PPP program identify income for a self-employed person ?
jkirani
01:54:43
In addition to interest on mortgage, is interest on any debt covered per the latest revision?
Barry
01:54:58
Is a self employed person , that is a sole proprietor, considered an employee for the purposes of the PPP ?
sandy
01:55:04
Do the employees go off of Unemployment? Can owners get paid through this?
jkirani
01:55:13
What is the last date for applying for forgiveness?
usworker.coop USFWC
01:59:01
can we include costs related to dependent insurance, or only employees?
usworker.coop USFWC
01:59:36
What should workers do if they've already started to receive unemployment benefits when the PPP funds kick in and they are rehired?
sandy
02:02:45
Where can we get a copy of the table comparing the loans
Farzad
02:03:03
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.
nakr
02:05:03
As I understand it One cannot use the EIDL funds and the PPP funds for the same expense
kksauser
02:08:15
how will they determine amount of self employment income for seasonal business sole proprietor?
Barry
02:08:50
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 ?
Kim Smith
02:11:19
Could you please share Solomon's email address? I haven't been able to catch it all …
krirani
02:11:27
Under PPP "Rent" includes CAM expenses?
Kate
02:11:29
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?
Christopher Walck
02:11:45
Solomon.wheeler@sba.gov
Kim Smith
02:11:51
Kate great question
Barry
02:12:11
Thanks Solomon.
Christina Nguyen
02:15:02
Utilities - also includes transportation? can you define what that is
crisane.cook
02:15:06
What is the level of income to qualify for small business as a non profit?
Kim Smith
02:17:00
Thank you
Barry
02:20:08
Thanks Marcia.