Posted on 04/01/2020 11:51:27 AM PDT by TheConservator
Did you write the above article or is there a link to it? The link goes to the SBA.
It IS!!??!!
I didn't know they got paid THAT much.
What I DO 'understand' is that Congress is willing to either jack up inflation by printing MORE fiat money or to raise future taxes to pay for this little 'gift'.
what good does it do to hire back your employees if there is no work or your business is closed???
I don’t get this.
I just emailed my CPA for some numbers to put on the application, My phone quit ringing 2 1/2 weeks ago but I am still paying my 1 employee, I still have a little work but not enough to last more than a few months at this pace.
When this ends though, My Life will be over for the year, the backlog is going to Kill Me!!!
Interesting. The company I presently work for, one of the nations largest nonprofits, has been told nonprofits wouldn’t qualify. Im wondering about where self employ business falls in any of these new schemes.
I think its weird though should have been expected how unequally this was all approached. Im in a health care related field and we’re getting entirely pissed on, some are making more on unemployment & bonus than they did working, while people at McDonalds are seeing “hazardous pay” bonuses. Now Im told that kids 0-15 are $500, 18-180 are $1200, 16&17 apparently aren’t people because they aren’t getting anything...what the hell is that? I have to dig into all this better when I have time.
What a freakin mess....not faulting the plan, but the implementation by Wells Fargo. Thursday/Friday I tried to apply for the PPP. Can only go through your bank. Fine. But one must have an online account. I don’t have, nor want on line banking. But okay....Start to enroll. need a pin number. Don’t have a pin number as I didn’t want a pin number.
Spend two plus hours on hold with Wells Fargo on Saturday to thrash this out. No dice; Try again on Sunday. Finally after 1 ½ hours I get a human. Cant do a pin number over the phone even though the web site says call...okay. Get an appt at a bank 45 minutes away because our location is closed due to the Wuhan...
Told Yup, you can get a pin number but you can’t apply for the PPP because with X hours on Saturday all of the money was spoken for and no idea when there will be another chance to enroll in PPP
So, here I am, stuck. I did apply for the EIDL last week and the DUA Disaster Unemployment Assistance. But since the is through the CA EDD and all my fairs are out of state it will be interesting... I had to mail the app in to Oakland. We will see if I get anywhere.
The idea is there but the implementation lacks
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