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Paycheck Protection Program, part 2

April 3, 2020 by Jeanette

Tyler (Tyler Willis, CPA) and I met again to discuss the evolving Paycheck Protection Program (PPP) and other programs available during this unprecedented period. Here’s what we cover:

  • Why apply for both the PPP and EIDL
  • How to get the applications started
  • Locating a bank that handles SBA loans
https://login.qbwinerysolutions.com/wp-content/uploads/2020/04/PPPwithTylerpart2.mp4

Please navigate to these points in the video if you would like to jump straight to these topics:

1:30 PPP – Paycheck Protection Program

18:00 PPP application

28:00 EIDA – Economic Injury Disaster Loan Emergency Advance

31:00 EIDA application (We forgot to mention, on page 3 it asks for your industry. Your answer should match your NAICS from your tax return. A winery would be a “manufacturer”)

37:00 Other programs and options

SBA Website

 Paycheck Protection Program by USCC, April 1 version

 Paycheck Protection Program Application

Filed Under: News Tagged With: bookkeeping, coronavirus, covid-19, CPA, CPA advice, Economic Injury, EIDA, Expenses, Financial forecast, forecast, loan, paycheck protection, Paycheck Protection Program, PPP, SBA, SBA loan, trends, wine industry, Winery Accounting

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