We are a subcontractor that does underground utilities in So Cal. Sometimes our crews work less than 40 hour weeks. If we receive a payroll protection loan are we obligated to pay our employees 40 hour weeks even if they do not work 40 hours ? Are we required to pay for rain days, or other project...Read More...Read More
I reside in the US VI and am curious if we will also receive the 600.00 additional benefit. Thank you BTW...we are part of the US, you might add us to the scroll bar...Read More
in reading the loan documentation I've been able to find, I noticed it specifically excludes using the monies to pay Federal Taxes. I am trying to find out if Worker's compensation payments are included or excluded in the loan as they are a payroll cost, but they are not specifically payments to employees....Read More
One of the qualifications is being a Sole Proprietor. This company is owned by the Serrato Family but listed as an LLC. All members of the LLC are members of the Serrato immediate family. SO the question is: Can it still be considered a Sole Proprietorship? We currently have 45 employees. ...Read More
Could you please detail "every" option that is available besides PPP and EIDL? We are a national provider of commercial flooring (mostly healthcare) with thirteen (13) locations from Southern California to Miami. Thanks, Kevin...Read More
I have been working construction for a year with a small company that 1099 me now job I was working assisted living bldg. a month ago has been quarantined until further notice and I have no work the contractor has work but we can’t do it do I qualify for any assistance...Read More
I am a roofer for a company that is out of Pennsylvania. I live in Ohio. The job site is in Cuyahoga county on a empty warehouse. The ruling to my understanding is that roofing is essential under the fact that it's a emergency in either state. Now what I'm wondering is that they pretty much tol...Read More...Read More
Although I have not seen this TV segment personally, my wife told me that if we borrow money to rehire our employees that were laid off due to Covid-19, and if we pay them through June 30, 2020, and there is still no work as a result of the virus, and we then lay them off again, our SBA loan would ...Read More...Read More
Are there any SBA-backed lenders that will provide funding for new businesses that need to be set up to offset all the layoffs and job loss? Thank you....Read More
I asked the question because there are many business who have Hispanic employees with SS numbers, I wonder how they do it. I have 50% employees and 50% 1099 employees....Read More