Table of Contents
Guide to COVID-19 Loans for Small Businesses
- Guide to COVID-19 Loans for Small Businesses Paycheck Protection Program 22
- Today’s goal 44
- Index 55
- Distinguish PPP & EIDL loans 66
- Waivers of certain SBA requirements 77
- What you cannot do... 88
- Eligibility 99
- Eligibility requirements 1010
- How do I count my employees? 1111
- Loan amount 1212
- Maximum loan amount 1313
- What does payroll cost include? 1414
- What does payroll cost NOT include? 1515
- Sole proprietors & independent contractors 1616
- Payroll cost calculation example 1717
- Use of proceeds 1818
- Use of proceeds—what for and when? 1919
- Loan forgiveness 2020
- What will be forgiven? 2121
- Might less than 100% of the loan be forgiven? 2222
- Reduction of loan forgiveness (I) 2323
- Reduction of loan forgiveness (II) 2424
- Exemptions for re-hires 2525
- What if not all of my loan is forgiven? 2626
- Application process 2727
- How do I get the money? 2828
- Key Contacts 3030
- Auto Care Association Resources 3232